Catastrophe Risk Analyst
INDIA Accounting / Management control
Job description
Job Summary
The job holder will be a member of the SGP&C Specialty Insurance Single Risks Pricing & Modelling team supporting single-risk business and Binder business written on SCOR Company Paper and SCOR Syndicate.
The Cat Modelling Team is embedded within the Specialty Insurance Single-Risk Pricing & Modelling Team will interpret, communicate, and provide reliable, and accurate CAT (natural and man-made) analytics to underwriting teams and other internal and external Stakeholders.
Experience:
· Experience in using RMS and/or AIR modelling software.
· Good communication skills and experience working with underwriters and clients
· Practical work/programming experience in MS Excel, SQL, etc.
· At least 2-3 years of CAT modelling experience
Personal Competences:
· Strong pragmatic problem-solving capabilities
· Good team spirit, inter-personal competency
Required Education:
· University degree in a technical discipline that requires strong analytical and statistical know how (Geology, Meteorology, Engineering, Mathematics, …)
Key duties and responsibilities
· Perform individual submission catastrophe modelling using third-party catastrophe models ensuring data checks around accuracy and timeliness are completed to a high standard.
· Help to achieve minimum standards of data capture.
· Should be able to scrub simple and complex broker Sov’s efficiently and quickly.
· Supporting P&M APAC treaty team with fac and treaty pricing of reinsurance transactions.
· Have a better understanding of how Bordeaux works.
· Liaise with internal and external data teams to ensure all modelled policies are captured, that the data is up to date, and data interpretations are accurate.
· Conduct a thorough analysis of exposure data across multiple lines of business, regions, and products.
· Utilise exposure management tools and databases to gather and analyse exposure information.
· Evaluate and quantify potential risks associated with speciality accumulations, such as natural catastrophes, terrorism, or other relevant perils at both risk and portfolio levels.
· Collaborate with underwriting teams to assess and manage accumulations of risk within defined tolerances.
· All other miscellaneous responsibilities as required by management