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Business Analyst - CAT Modelling

3.00 to 5.00 Years   Gurugram   05 Jul, 2021
Job LocationGurugram
EducationNot Mentioned
SalaryNot Disclosed
IndustryIT - Software
Functional AreaStatistics / Analytics
EmploymentTypeFull-time

Job Description

Business Analyst, CAT ModellingIn 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 underwriters (as required) for e.g. SOV, Slip etc.
  • Data scrubbing - Converting client provided data (excel format) to RMS/AIR/ client proprietary tool format for Energy Line of business
  • Coding of COPE information i.e. primary and secondary
  • Importing and validating exposure data in CAT modelling software
  • Geo-coding all locations and analyze exposure
  • Understanding of Insurance layer structure
  • Ability to read & interpret slip/ binders to identify terms & conditions
  • Generate insights that enables better risk management based on knowledge of client data
QualificationsMinimum Qualifications
  • Graduate in quantitative sciences
  • Relevant experience in Exposure Management/ Property modeling will be preferable
  • Knowledge of P&C Insurance
  • Proficiency in MS Excel
  • Ability to deliver time bound tasks
  • Ability to handle the work pressure
  • Work as a great teammate & highly motivated with problem solving skills
Preferred Qualifications
  • Experience in CAT modelling domain specially in Energy Line of Business
  • Working knowledge of RMS/AIR
  • Excellent analytical ability
  • High speed of execution
  • Excellent Interpersonal skills
  • London Market knowledge
  • SQL would be an added advantage
,

Keyskills :
customer relationsdocumentationrequirementsfunctionalbusiness requirementscustomer focusrisk managementproblem solvingequipment supply

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