Risk Engineering Analyst

Skill required: Insurance Services - Property and Casualty Insurance


Designation: Risk Engineering Analyst


Qualifications:BTech


Years of Experience:3 to 5 years


What would you do?
Risk Engineering provides guidance on risk mitigation for multiple disciplines and occupancies. The objective is to enable global property underwriters to make more informed underwriting decisions.The team performs the risk assessment of various commercial and industrial occupancies from a property insurance loss prevention perspective in support of global Account Engineers and Underwriters. The types of risk include large variety of occupancies like commercial and residential real estate, hospitals, hotels, IT parks, shopping and other service-oriented occupancies as well as all industrial manufacturing occupancies, including both light manufacturing (metal works, plastic works etc.) and specialized manufacturing (e.g. steel, pulp and paper, semiconductor, etc.


What are we looking for?

A degreed engineer (B.Tech minimum), preferably within one of the following Engineering disciplines (Chemical, Electrical, Civil or Mechanical).

Candidate must be able to work with little direct supervision, reliable and dependable

The candidate ideally should have property insurance account / field engineering experience or relevant industry experience between 1 to 4 years with focus on fire protection knowledge. Recommended experience ranges for various sub levels within

Knowledge of fire protection codes and standards like NFPA is preferred

Possess strong Analytical skills & Excellent Interpersonal and communications skills (verbal and written)

Candidate must be organized, self-motivated and willing to learn about the concepts of desktop risk assessment, Occupancy, Hazard, Fire protection and Loss estimation.

Roles and Responsibilities:

Perform risk assessments of various light to medium hazard Commercial occupancies from a Property Insurance Loss Prevention perspective in support of Global Account Engineers and Underwriters. Such occupancies within the Manufacturing and Non-Manufacturing pillars include but would not be limited to Wholesale Trade, Commercial and Residential Real Estate, Hospitals, Hotels, Light to Medium Manufacturing (metalworkers, plastic workers, Textile Mills, Printing & Publishing, etc) and Retail Stores / Shopping Centres.

The risk assessments will be completed by conducting an analysis of submitted values, as well as various construction, protection and occupancy features which would be determined through the receipt of loss prevention survey reports from a variety of sources. The candidate must be able to interpret these reports and be able to translate the information into risk quality ratings and fire/Nat Cat loss estimates following company guidelines and utilizing available tools and utilities. Specific Job responsibilities:

Development of Engineering Service Plans

Location level Risk Quality ratings for Fire and Nat-Cat (Site Review) by following established rules and guidelines

Account Review (Light to Medium Hazard occupancies)

Flood Loss Estimates for exposed locations using proprietary tools

Create Fire Loss Estimate profile

Capture account loss history and report on loss trends and mitigation strategies

 
Qualifications 
BTech