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2 - 4 years
4 - 6 Lacs
Gurgaon
Work from Office
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. Quantify cat risk embedded in reinsurance submissions for the Reinsurance operations. Support broader risk management initiatives in collaboration with corporate areas. Model catastrophe reinsurance structures and strategies using RMS, AIR and other vendors to support actuarial/underwriting functions primarily serving Bermuda all lines of business. Work with our customers to understand exposures, review modeling results, explain modeling limitations and resolve issues promptly. Assess data quality and make necessary assumptions for modeling. Create reports for client exposure and modeled losses. Support projects that improve our function such as model validation, exposure aggregation, tool development, and data mining. Assist in preparing the quarterly aggregation reports, building out in-force portfolios and providing the corresponding loss distributions by peril/region. Develop processes & scripts to facilitate data transfers and optimize risk calculations. Perform other job-related duties as assigned. You will report to Head of CAT Analytics, Reinsurance 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, is necessary. AIR product experience would be highly advantageous. Understanding of reinsurance terms and conditions would be highly advantageous. Desired Skills and Abilities: Undergraduate-level knowledge of statistical and mathematical concepts required. Excellent computer skills for using Microsoft Office (Excel, Access), SQL, VBA & GIS Skills. Excellent analytical, interpersonal, communication and organizational skills
Posted 2 months ago
1 - 6 years
3 - 7 Lacs
Pune, Bengaluru, Gurgaon
Hybrid
Location : Gurgaon 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. In this role, you will be using client data to model exposures using AIR software. Key output of this process is a summary of exposures and technical price to underwriters. This process involves two major steps, which are Scrubbing of Exposure data and apply terms & conditions and Modeling of data & publishing results. Responsibilities Submission review - Checking for completeness of data submitted by underwriters and following-up with SME /underwriters (as required) Data scrubbing - Converting client provided data (all formats) to AIR format Coding of COPE information Slip Interpretation and financial coding Geocoding the data Enhance address data using outside sources Importing the data in AIR Query handling for junior team members Perform Internal Quality audits Minimum Qualifications Graduate in quantitative sciences Proficient excel skills (5+ years), experience in Data Scrubbing is preferable Expert in financial coding Coding of COPE information is preferable Good analytical and communication skills Preferred Qualifications Working knowledge of Data Scrubbing on CAT Modelling software (preferably AIR) Address enhancements using Google Financial coding basics Analytical ability High speed of execution 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 building a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. For more information, visit www.genpact.com. Follow us on Twitter, Facebook, LinkedIn, and YouTube.
Posted 3 months ago
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