XL Catlin: Process Specialist - Catastrophe Modelling

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14 Apr 2018, 21:25

MAXIMIZE your opportunityQuantify cat risk embedded in reinsurance submissions for the International Facultative Reinsurance operations. Support broader risk management initiatives in collaboration with corporate areas.
What will your essential responsibilities include?
  • Gather and interpret information from clients, brokers, and underwriters.
  • Work with our customers to understand exposures, review modeling results, explain modeling limitations and resolve issues promptly.
  • Model catastrophe reinsurance structures and strategies using primarily RMS (Risk Browser & Risk Link) and other vendors to support actuarial/underwriting functions primarily serving Facultative Reinsurance lines.
  • Assess the data quality and make necessary assumptions for modeling. Create reports for client exposure and modeled losses.
  • Support our other reinsurance groups, analyzing both individual risk and portfolio level risk where required.
  • Assist in preparing the quarterly aggregation reports, building out in-force portfolios and providing the corresponding loss distributions by peril/region.
  • Support projects that improve our function such as model validation, tool development, and data mining.
  • Develop processes & scripts to facilitate data transfers and optimize risk calculations.
  • Perform other job-related duties as assigned.

UNLEASH your potentialWe’re looking for someone who has these abilities and skills:
  • 0 to 2 years of experience in a cat modeling role. Experience with RMS products, especially RiskLink & Risk browser is preferred.
  • Undergraduate-level knowledge of statistical and mathematical concepts required.
  • Proficient in the use of Microsoft Excel
  • Should be deadline driven and have ability to work under pressure
  • Good analytical, interpersonal, communication and organizational skills
  • Understanding of reinsurance terms and conditions preferred but not required.
  • Ability to work with large amount of data, complex instructions, multiple exceptions and layered categorizations

The XL Catlin group of companies is an Equal Opportunity Employer.
Location:IN-HR-Silokhera Gurgaon
Job Field:Actuarial
Job Type:Standard

Mayank Goyal

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