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Consultant Cat Modelling Reinsurance

Company:
Genpact
Location:
Noida, Uttar Pradesh, India
Posted:
April 26, 2024
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Description:

Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose - the relentless pursuit of a world that works better for people - we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.

Inviting applications for the role of Manager/ Sr. Consultant/ Consultant/ Business Analyst - Cat Modelling - RI

In this role, you will be using client data to model exposures and analyzing result data using RMS%5CAIR software and generate insights for better risk assessment.

Understanding and applying layer structures.

Responsibilities

.Focus on providing pricing support for the UW teams within MS Amlin Reinsurance. To achieve the desired level of support, requests will be completed in a professional and accurate manner.

.Assess data quality and make any necessary assumptions for modelling Process detailed and aggregate level data in both RMS and AIR cat models including the application of insuring treaties within the vendor models.

.Import cat model data from the vendor models into a DFA platform and understand the impact of applying the MS Amlin view of risk.

.Model financial terms in the DFA platform in order to provide a modelled price for the UWs for a given risk.

.Provide a thorough review of the modelling results which will include but is not limited to changes in exposure, changes in model version, changes in model settings, changes in inurings, changes in financial structure.

.Generate insights that enable better risk management based on knowledge of client data.

.Communicate results and issues with onshore modelling and UW teams throughout the pricing process.

.Provide support during portfolio rollup in the form of portfolio aggregation, audit checking or other assisting with other workstreams.

.Provide support for project work. Examples of which may be sensitivity testing of cat models, model version change analytics, ad-hoc requests.

Qualifications we seek in you!

Minimum Qualifications / Skills

.Graduate

.Knowledge of RiskLink%5CAIR and Cat models in general

.Understanding of reinsurance terms, treaty structures and how it works in an insurance industry

.Proficiency in MS Excel

.SQL, VBA knowledge is an added advantage

.Ability to deliver time bound tasks

.Ability to handle the work pressure

.Work as a great teammate & highly motivated with problem solving skills

Preferred Qualifications/ Skills

.Working knowledge of RMS%5CAIR interface and back tables

.Understanding of reinsurance theory and the Lloyds market

.Excellent analytical ability and ability to showcase examples of diligence

.High speed of execution

.Excellent Interpersonal skills

.Evidence of working with large data sets

.Knowledge of Python, R, GIS software

Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. Get to know us at and on,,, and .

Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a %27starter kit,%27 paying to apply, or purchasing equipment or training.

Full time

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