Catastrophe Modeller - Mysore - Shashwath Solution

Description

• Data Management and Mapping:
• Prepare portfolio data with insurance and/or reinsurance terms.
• Manage data mappings between policy systems and modeling systems.
• Ensure data quality and integrity in the modeling system.
• Probabilistic Loss Estimation:
• Generate probabilistic loss estimates using AIR Touchstone.
• Analyze exposure and loss summaries to understand loss drivers.
• Model Evaluation and Event Response:
• Work on various model evaluation projects to assess model performance and accuracy.
• Participate in event response activities, including analyzing catastrophe events and their impact on portfolios.
• Process Improvement and Upskilling:
• Take initiatives to add value to the modeling process and improve the quality of loss estimation.
• Continuously upskill in advanced catastrophe modeling concepts and stay updated on new technologies in the field.
• Stakeholder Management:
• Manage relationships with internal and external stakeholders, ensuring effective communication and alignment of project goals.
• Handle ambiguity in complex scenarios and provide clarity in decision-making.
• Problem Solving and Multitasking:
• Tackle complex problems related to catastrophe modeling and loss estimation.
• Manage multiple tasks and projects efficiently in a dynamic environment.

Skills & Qualifications:

Technical Skills:

• AIR CEDE Database Schema: Intermediate to advanced knowledge in manipulating tables and automating tasks through the backend.
• Statistics: Intermediate to advanced knowledge in statistical techniques, simulation methodologies, AAL (Average Annual Loss), PML (Probable Maximum Loss), and TVAR (Tail Value at Risk) calculations using SQL.
• Insurance and Reinsurance Terms Coding: Intermediate to advanced understanding of insurance/reinsurance terminology and coding.
• Event Response: Intermediate to advanced knowledge and experience in responding to catastrophe events and their modeling.
• SQL: Intermediate to advanced, including dynamic stored procedures for database manipulation.
• Excel: Intermediate to advanced, including proficiency in VBA for automating tasks and analyses.
• Programming Skills: Proficiency in Python (preferred, but not required).
• GIS Tools (QGIS/ArcGIS): Intermediate to advanced knowledge of Geographic Information Systems for mapping and analyzing catastrophe data.

Soft Skills:

• Stakeholder Management: Ability to manage relationships and communicate effectively with internal and external stakeholders.
• Problem Solving: Strong analytical skills to solve complex problems.
• Multitasking: Ability to manage multiple projects and deadlines in a fast-paced environment.
• Dealing with Ambiguity: Comfort in working in ambiguous situations and providing clarity.

Education & Experience:

• Graduate/Post-Graduate degree in a Quantitative Discipline (Mathematics, Statistics, Economics, Engineering, or related fields).
• Experience in catastrophe modeling or insurance/reinsurance is a plus.

Preferred Qualifications:

• Experience with AIR Touchstone software and catastrophe modeling.
• Familiarity with data automation, statistical simulation, and risk analysis.
• Experience working with large datasets and performing advanced analyses.