Job Description
Location: Hyderabad, India
The Purpose of the role
As a key member of the Catastrophe Modeling Team, he/she will be responsible for providing analytical and modeling support services for Corporate CAT Team. We are seeking a go-getter with research bent of mind in Catastrophe risk modeling.
The role includes handling complex account reviews and supporting Global TR Rollup using PTM/Risklink and SQl.
Responsibilities
- Quickly learn and master Risklink accumulation and PTM functionalities.
- Shows high competency in understanding and applying more complex financial terms including reinsurance.
- Reviews consolidated information to ensure codes, criteria and financial terms are accurate.
- Provides results in the expected format for underwriters.
- Will be working on TR peril - multiple lines of business (property, casualty and WC.)
- Performs basic interpretation of the results (Ex: Client loss exceed/less than deductible, Gross loss exceeding limits, treaty recoveries)
- Communicates results and provides suggestions directly to the client.
- Models accounts independently and performs review of all nature of accounts.
- Performs consolidation of regional portfolio to group level and performs due diligence checks on regional /group portfolio.
- Attends and fully participates in client calls.
- Communicate with business owner and other onshore counterparts to indicate understanding of the assigned tasks as well as to make clarifications when necessary.
- Undertake analysis and/or research to identify anomalies, trends, and opportunities for improvement.
- Complies with administrative activities, MIS reporting, and other compliance requirements as directed.
- Performs other related duties as required by the Team Lead and/or supervisor.
Required knowledge, Skills and qualifications
- Driven individual with minimum of 6 years’ experience with Risklink interface and knowledge of RMS backend schema.
- Graduate / Postgraduate in Actuarial science/ Statistics/ Mathematics / Economics/Engineering etc.
- Proficiency in Excel and basic/intermediate SQL knowledge.
- Strong analytical skills and attention to detail.
- Ability to adapt to a fast pace environment with minimum supervision.
- Able to work flexible schedule to accommodate business requirements and work requests from different time zones.
- Proficiency in English language (verbal, written, comprehension).
Why Chubb Business Services India?
Here are some reasons to join us:
- You will be joining a group of diverse and driven professionals trained to succeed in today’s insurance landscape.
- We provide the opportunity to cultivate a robust career; we accommodate your growth and development even as we expect you to make meaningful contributions to our company.
- We offer competitive compensation and benefit programs. We pride ourselves in being a meritocracy that rewards the best talent.
- We seek to create an inclusive environment where employees of different cultures and backgrounds can thrive.
Our company and culture
Chubb Business Services India focuses on building strong capability in the areas related to technology, CAT modeling, risk management, actuarial services and advanced analytics. The culture we would like to establish would align with the core principles of the organization as outlined below with the desire to transform and grow together.
Our culture reflects a commitment to craftsmanship and as craftspeople, we adhere to certain ideals:
- A Can-Do Attitude – we are optimistic about our future and we have an enthusiasm to serve our customers and business partners with utmost speed and energy. We approach our work with passion – people want to live their lives with meaning. We have a shared vision to build something great – to serve society and leave the world a little better place because we’ve been here.
- Excellence in All We Do – we hold ourselves to exacting standards of technical proficiency. Customers can count on us to pay claims fairly and quickly. Agents and brokers can rely on us for attention to detail and help them build their businesses
- Constant Improvement – we are a learning organization. We are constantly searching for ways to improve our craft. We relentlessly pursue data-driven insights to drive better, smarter decision-making – our portfolio management efforts, for example.
- Global Reach and Local Expertise – we apply our craft locally all around the world. We appreciate differences in culture, history and geography. And this enables us to adapt accordingly to best serve diverse customers, markets and distribution.
