Group Manager - CAT Modeling - REF21022V

Job Description

Role and Responsibilities

· Good understanding Cat Modeling process and workflow.

· Run vendor catastrophe modeling platforms (primarily RMS, AIR, Elements) for insureds and perform portfolio risk analyses.

· Working knowledge of RMS model scope across worldwide peril-regions regarding sub-perils, amplification, etc. along with basic understanding of cat-modelling four-box principle concerning exposure, hazard, vulnerability modules and translation of insurance and (re)insurance financial terms through coding in RMS and SQL.

· Understanding of Insurance of Re-Insurance concepts.

· Provide analytical support to catastrophe modeling team operations by sharing knowledge and information.

· Use technical expertise to resolve catastrophe modeling and risk issues to ensure business requirements are met.

· Provide assistance on complex projects by collaborating with peers.

· Work on Model validation and Model suitability projects.

· Testing new model versions and documenting the results.

· Responsible for work allocation.

· Provide timely and frequent feedback to team members.

· Prepare MIS reports and provide inputs for improvement areas.

· Managing portfolio rollup and post bind activities.

· Communication with onshore SPOCs at regular intervals.


· Degree in Mathematics, Applied Mathematics, Statistics, Operations Research, or Actuarial Science

Additional Information

Preferred Skills

· Excellent interpersonal skills and ability to collaborate effectively both externally and internally within the team.

· Robust organizational skills including the ability to manage multiple assignments in parallel, work proactively with minimal supervision and meet deadlines in a timely manner.

· Established analytical skills and problem-solving skills from experience in catastrophe modelling business domain.
Gurugram, HR, IN