We are seeking a talented individual to join our GC Global Analytics & Advisory (GAA), Political Violence and Terrorism team at Guy Carpenter. This role will be based in Mumbai. This is a hybrid role that has a requirement of working at least three days a week in the office.
Lead Specialist / Deputy Manager - Catastrophe Risk Management
We will count on you to:
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The role requires the analyst to help clients better understand their overall exposure to catastrophe risk relating to political violence and allow them to plan accordingly.
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By analysing client exposure data, applying it against in-house and/ or vendor models and supporting trainee analysts, they produce loss estimates that enable brokers to construct effective reinsurance programs for clients.
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The nature of the peril, which is dynamic, and in-house models, which are evolving requires the analyst to be an innovative developer.
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Understanding the exposure data, assessing data quality and making necessary improvements (incl. geocoding) and assumptions for modelling in in-house and/ or vendor models for terrorism
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Document, justify and communicate assumptions made before performing analyses, also produce reports that highlight changes in exposure across various timeframes and the associated impact of catastrophe model results.
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Good experience in applying the policy conditions in the data
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Run the exposure in in-house and/ or vendor models and reporting the results at various geographical resolutions as well as for the relevant lines of business within the client's portfolio.
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Ability to interpret the change in loss results due to modelling parameters and client exposure change
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Analysing how the distribution of results and relevant risk measures change due to the application of various proposed reinsurance alternatives and/or changes in model/data assumptions.
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Work as a team, support the development of junior analysts and provide quality assurance reviews of others.
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Work on ad hoc research and development projects as and when required to innovate new models and evolve existing models
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Maintain a regular positive feedback from stakeholder
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Proactive interaction with stakeholders on modelling requirements and ad hoc requests and build a network of relationships within the global company
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Provide insights and process improvement ideas to enhance the efficiency of the process, considering the skillsets of colleagues who may be able facilitate this.
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Use state of art techniques in data analytics and create new output dashboards
What you need to have:
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Degree in Mathematics / Statistics / Computer-Science / Engineering (any stream) or related fields
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4+ years of experience in Catastrophe Modeling in providing CAT analytics at account or portfolio level
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Basics of Insurance / Reinsurance / Catastrophe Modeling
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Knowledge on basics of Insurance/Reinsurance and Catastrophe Modeling
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Proficiency in at least one of the CAT Modeling softwares RMS/ AIR/ RQE
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Excellent analytical and problem solving skills
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Attention to details. Ability to understand and manipulate data quickly and creatively.
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Ability to respond to changing priorities and manage time efficiently.
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Ability to question analytical output, challenge and identify potential sources of errors and find ways to overcome them
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Proficient in with Excel, Access and SQL
What makes you stand out
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Advanced degree in any of the above fields. Any relevant context to political violence.
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Use of insurance models for modelling terrorism
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Industry Certifications
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Alteryx, Power BI, VBA and/or advanced programming skills
