Associate, Reinsurance Pricing

1 - 3 years

3 - 5 Lacs

Posted:8 months ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

DISCOVER your opportunity

AXA XL is looking for talented individuals to support our business across all product lines and geographies. This is an exciting opportunity to be part of a dynamic, global business.

DISCOVER your opportunity

What will your essential responsibilities include?

Gather and interpret information from clients, brokers, and underwriters.

Work with our customers to understand exposures, review modeling results, explain modeling limitations and resolve issues promptly.

Model catastrophe reinsurance structures and strategies using primarily RMS (Risk Browser & Risk Link) and other vendors to support actuarial/underwriting functions primarily serving Facultative Reinsurance lines.

Assess the data quality and make necessary assumptions for modeling.Create reports for client exposure and modeled losses.

Support our other reinsurance groups, analyzing both individual risk and portfolio level risk where required.

Collate data for various business units to prepare for Fac portfolio aggregation, apply or update policy terms based on endorsement or slips.

Preparing the monthly\quarterly aggregation reports, building out in-force portfolios and providing the corresponding loss distributions by peril/region.

Support projects that improve our function such as model validation, tool development, and data mining.

Develop processes & scripts to facilitate data transfers and optimize risk calculations.

Perform other job-related duties as assigned.

You will report to Senior Specialist, Reinsurance Pricing.


SHARE your talent

SHARE your talent

Were looking for someone who has these abilities and skills:

Required Skills and Abilities:

Relevant years of experience in a cat modeling role. Experience with RMS products, especially RiskLink & Risk browser is necessary.AIR products experience preferred, but not required.

Undergraduate-level knowledge of statistical and mathematical concepts required.

Excellent computer skills for using Microsoft Office (Excel, Access), SQL, and VBA.

Should be deadline driven and have ability to work under pressure.

Good analytical, interpersonal, communication and organizational skills.

Desired Skills and Abilities:

Understanding of reinsurance terms and conditions preferred but not required.

Ability to work with large amount of data, complex instructions, multiple exceptions, and layered categorizations.

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Axa Xl logo
Axa Xl

Insurance and Reinsurance

Greenwich

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