MT, Business Analyst
In this role, you will be using client data to model exposures using 3rd party applications (AIR (Mandate), RMS etc). Key output of this process is a summary of exposures and technical price to underwriters.
Key steps this process involves scrubbing of Exposure data, attach database, applications of financial terms / treaties &
conditions and Modeling of data & publishing results.
Submission review - Checking for completeness of data submitted by underwriters and following-up with underwriters (as required) for e.
g. Cede files, RDM, EDM, slip etc.
Understanding of Insurance / Reinsurance layer / CAT structure
Ability to read & interpret slip to identify analysis to be run for modelling
Application of financial terms / treaties as per slip
Merging of analysis to calculate overall exposure in the portfolio
Prepare results, Ground up CTE, Return Period Losses, Net Pre CAT, Reinsurance Net Loss, AALs etc. & share with UWs
Run SQL scripts to perform day to day process steps
Validating results against previous renewals and providing summary to UWs to explain variations
Generate insights that enables better risk management based on knowledge of client data
Qualifications we seek in you!
Graduate in quantitative sciences
Relevant experience in CAT modeling including experience in Reinsurance Treaty Modelling (mandate)
Working knowledge of AIR (mandate) / RMS (preferred)
Proficiency in MS Excel
Basic understanding of SQL
Advanced knowledge of MS Excel and SQL preferred
Excellent analytical ability
High speed of execution
Good Social skills