Insurance, Business Analyst, Risk Analyst, Catastrophe Modeling

E-Mail: ********@*****.***, *****.***********@*******.*** Contact: 425-***-****

VASVI AGNIHOTRI

ABRIDGMENT

8+years learning experience.

Analysing financial losses due to the catastrophe risks and hence, assist underwriters rate a risk and charge appropriate premium.

Exposed to facets of insurance business viz. Data Analysis, Formatting and Cleansing, Data Mapping, Geocoding and Geospatial Analytics, Insurance wording interpretation, Risk Modeling, Pricing and Quality Audits.

Understanding Insurance and Reinsurance structures, Deductibles and Limits, Coinsurance, Treaty structures, Layering, Participation and Attachment points.

Provided quotes, reruns, mid-term adjustments and binding documents duly audited.

Reported to underwriters, underwriting assistants, deal administrators with model outputs and an exhaustive report including modelers observation, modeling assumption and other suggestions related to the risk profile modeled.

Managing large data sets with multiple countries and currencies. Extensive use of MS Excel.

Modeling one or more different policy structures per account, and multiple options as requested by underwriter to estimate catastrophe losses from all perils

Two years’ relevant experience in Catastrophe Risk Analysis. Estimated losses conceded on Commercial/Personal properties through natural perils like Windstorm, Earthquake, Flood and Fire and man-made peril, Terrorism.

Understanding exposures in the Schedule of Values (SOV), application of the financial structure, generation of Event Loss Tables & EP Curves for desired financial perspectives, calculation of Return Period Losses, Average Annual Loss and preparing the final deliverables to the client within stipulated time frame.

Usage of tools like Ms Excel and other MS Office tools, in-house applications and models, etc.

Handling multiple projects and Ad Hoc requests with shorter TAT thereby meeting deadlines efficiently.

Worked in all the market segments viz. Surplus accounts, Energy and Power accounts, Property & Casualty, Builder’s risk, Middle Market etc. for all the regions.

Provided Underwriting support to North America, Europe, Asia Pacific and Arab Gulf.

Catastrophic Risk Tools: Touchstone/Catradar (Air Worldwide), Risk Browser (RMS) and GES (AIG).

Commitment towards work, good analytical skills, good communication.

Clear understanding of business rules and ability to work individually as well as part of an onshore team and geographically dispersed virtual teams environment.

Having good multi-domain knowledge of Life & Annuity, P & C insurance, Reinsurance, Risk management and Catastrophe Modeling.

Update management on issues, progress, etc, regularly and upon request. EXPERIENCE CHRONOLOGY

Company: AIG Location: Bangalore Profile: Catastrophe Analyst Duration: November, 2013 to January 2014

Highlights

Ran catastrophe models for insurance against Earthquake, Windstorm and Flood peril.

Conducted data cleansing, geocoding and mapping before importing into Risk Modeling softwares viz. GES, Touchstone and Risk Browser and applied insurance terms and conditions to arrive at the results extraction and interpretation.

E-Mail: ********@*****.***, *****.***********@*******.*** Contact: 425-***-****

Assessed exposure data quality and its impact. Conducted research to bring the accuracy in location data and its COPE information. Continuously worked on improving the quality of the modeling data.

Applied various deductibles and limits to ascertain the variation in results, analysis of Exceedance Probability (EP Curves), Standard Deviation, Co-efficient Variation, Mean Losses, PML, MFL, AAL, different perspective of losses.

Held discussions with underwriters for assisting in query resolutions, reporting for process improvement and conveyed business requirements analysed for better functioning.

Prepared Summary/Report for easy analysis of all the risk modeling activity subject to deadlines and assisted in making client presentation.

Company: XL Group Location: Gurgaon Profile: Catastrophe Analyst Duration: Feb., 2012 to Nov., 2013 Highlights

Ran catastrophe model (RMS) for Earthquake, Windstorm, Flood, Fire & Terrorism peril.

Conducted insurance data analysis and assessed risk exposure attached to various accounts types, markets and geographies.

Data analysis and mapping, geocoded locations, applied primary and secondary modifiers to the insured locations and updated risk management details.

Assessed exposure data quality and its impact. Conducted research to bring the accuracy in location data and its COPE information. Continuously worked on improving the quality of the modeling data.

Arrived at TIV and updated records to check variances.

Interpreted insurance and reinsurance documents, terms and conditions. Applied various deductibles types and limits to ascertain the results. Provided with various options to ascertain difference in results and make the best deal.

Analysed the Exceedance Probability (EP Curves), Standard Deviation, Co-efficient Variation, Mean Losses, Different perspective of losses.

Updated Risk engineering data to send complete report along with risk modeling output.

Prepared Modeling Overview forms and Price Calculation Tool for quick and easy reference of all accounts.

Administered Mid-term changes and documents update and prepared binding documents and reports.

Validated Bound documents for correct properties, coverages, terms & conditions and values.

Provided support to clients by responding to adhoc data requests, answering questions, and provided basic technical support and analysis

Responsible for delivering Post Bind and Pre Quote modeling with minimum 95% accuracy level and conducted quality audits of team members work.

Trained new joiners and acted as a mentor to make them understand the work flow and catastrophe models and help them integrate with the organisation and Work Allocation. Company: Bharti AXA General Insurance Company Location: New Delhi Profile: Sales Manager Duration: June 2011 to Jan., 2012.

Highlights

Acquiring insurance agents for generating new business.

Serving existing agents to maintain or enhance the business.

Mainly dealing with Motor, Health, Marine, liability and other insurance products. PROJECTS & TRAINING

E-Mail: ********@*****.***, *****.***********@*******.*** Contact: 425-***-****

Submitted a research study on “Determinants of successful insurance agency system” as part of MBA internship project in 2010.

Regulation and governance of ULIPS in India.

Problem Health Insurance Industry facing today and its impact on future. SCHOLASTICS

Pursuing PGPM (Project Management) (Distance Learning) from University of Hyderabad, India

PGDM (Insurance) (2009-11) from Birla Institute of Management Technology, India

British English Certification.

LOMA 280,290.

B.Com. from University of Lucknow, Uttar Pradesh, India

Contact this candidate