Advisor/Senior Advisor/Analyst - Catastrophe Modelers - BFSI

Designation: Advisor, Senior Advisor, Analyst

Qualification: Graduate/Post-Graduate in any Quantitative Discipline, preferably, but not limited to, Mathematics/Statistics/Economics, Engineering, etc.

Experience: 1-8 years

Incentives: Yes

Transport: Yes

Work Mode: Hybrid, UK Shift (2:30 Pm 10:30 Pm)

Week off: Sat & Sun

Skills set : Any experience from Account modeling.

Tools or Skills required:

Experience in Portfolio Modeling, Treaty Modeling, Reinsurance Business, etc. End to end hands on experience on tools like RMS or AIR or both. Portfolio + Account modeling can be a combination.

Scope of Work:

The incumbent will be responsible for assisting /leading simple to medium complex renewals; the modeling span for projects requiring independent working is typically between 2-4 weeks (but usually more complex than the projects for lower levels) or up to 3 (or even more) months in case the incumbent is playing a support role. The complexity levels of tasks are usually on the lower side. Considering that the colleague will still be out of the learning curve, they are expected to work mostly independently but will still receive occasional guidance from seniors when dealing with complex tasks.

Responsibilities include:

- Model input preparation - Includes data preparation as well as data scrubbing using SQL/Excel.

- Analyzing the exposures - Includes geocoding the exposures, implementing modeling assumptions accurately in the modeling process, ensuring correct model and peril settings, etc. in order to quantify insurers' catastrophe loss potential.

- Generating reports - Includes using internal tools like iFM, WorkFlowManager for creating exposure as well as loss summary reports, visualizing various statistics by creating maps using SpatialKey, ArcGIS, etc.

- Running proprietary models - Running customized peril analysis using WTW proprietary models.

- Model Sensitivity Analysis - Testing the change in model output with change in input parameters.

- Answering SRQ - using internal tools and modeled losses for answering Natural Catastrophe portion of SRQs.

The incumbent will also be expected to co-ordinate and communicate with the onshore lead analyst as and when needed in order to discuss the progress made as well as any items of significance seek feedback and suggestions