Senior Associate – Reinsurance Pricing
Gurgaon, Haryana, India
We invent the new to help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative answers, we free up our clients’ potential, thereby fulfilling our own. Take it seriously. Make it fun. Know it matters.
Quantify cat risk embedded in reinsurance submissions for the Reinsurance operations. Support broader risk management initiatives in collaboration with corporate areas.
DISCOVER your opportunityWhat will your essential responsibilities include?
·Gather and interpret information from clients, brokers, and underwriters.
·Model catastrophe reinsurance structures and strategies using RMS, AIR, and other vendors to support actuarial/underwriting functions primarily serving workers comp and agribusiness business lines.
·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 model 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 Senior Specialist.
SHARE your talentWe’re looking for someone who has these abilities and skills:
Required Skills and Abilities:
·2-5 years of experience in a cat modeling role. Experience with RMS products, especially RiskLink, is necessary.AIR product experience would be highly advantageous.
·Understanding reinsurance terms and conditions would be highly advantageous.
·Undergraduate-level knowledge of statistical and mathematical concepts is required.
Desired Skills and Abilities:
·Robust computer skills in using Microsoft Office (Excel, Access), SQL, and VBA.
·Excellent analytical, interpersonal, communication, and organizational skills
FIND your future
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals, and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.
How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines, and specialty.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
Learn more at axaxl.com
Inclusion & Diversity
AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.
At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance, and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.
Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.
Sustainability
At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.
Our Pillars:
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