As a key member of the Catastrophe Modelling Team, he/she is responsible for providing analytical and modelling support services. The Senior Associate is able to perform all duties of the Associate with a high level of competence, and is also expected to interpret data results for multiple business units. Senior Associates are also expected to handle complex CAT modelling assignments and review information for accuracy. Senior Associates will interpret and deliver results to underwriters, and provide suggestions and commentary as appropriate.
Responsibilities
Quickly learn and master all the models pertaining to the countries covered
Performs all the responsibilities of the Associate at a higher level (number of locations, type of data).
Shows high competency in understanding and applying more complex financial terms.
Reviews consolidated information to ensure codes, criteria and financial terms are accurate.
Provides results in the expected format for underwriters.
Reviews results at a higher level of detail than Associates.
Possesses knowledge on multiple lines of business (property, marine, terrorism/ energy/ binders etc.)
Performs basic interpretation of the results (Ex: Client loss exceed/less than deductible, Gross loss exceeding limits)
Communicates results and provides suggestions directly to the client.
Models accounts independently and performs review of all nature of accounts.
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Contacts client for clarifications or other queries via e-mail or telephone.
Attends and fully participates in client calls.
Seeks assistance from senior resources as needed.
Required knowledge, Skills and qualifications
- 2-4 years’ experience in Insurance/ Risk Management and Statistics and Data Analysis preferred.
- Graduate / Post Graduate in Actuarial science/ Statistics/ Mathematics / Economics/Engineering etc.
- Expertise in CAT Modeling using AIR Touchstone and RMS Risk Link models
- Strong analytical skills and attention to details
- Proficiency in Excel
- Able to work flexible schedule to accommodate business requirements and work requests in 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.
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