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Axa XL

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3.8

based on 383 Reviews

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106 Axa XL Jobs

Associate, Reinsurance Pricing

XL India Business Services Pvt. Ltd.

 · 

3.8

 based on 383 Reviews

2-5 years

Gurgaon / Gurugram

Associate, Reinsurance Pricing

Axa XL

posted 7hr ago

Job Role Insights

Flexible timing

Key skills for the job

Data Entry SAP CO Finance Data Analysis SQL Statistics

+ 15 more

Job Description

AXA XLis looking for talented individuals to support our business across all product lines and geographies. This is an exciting opportunity to be part of a dynamic, global business.

DISCOVER your opportunity

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.
  • Collate data for various business units to prepare for Fac portfolio aggregation, apply or update policy terms based on endorsement or slips.
  • Preparing the monthly\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.You will report toSenior Specialist, Reinsurance Pricing.Required Skills and Abilities:
  • Relevant years of experience in a cat modeling role. Experience with RMS products, especially RiskLink & Risk browser is necessary.AIR products experience preferred, but not required.
  • Undergraduate-level knowledge of statistical and mathematical concepts required.
  • Excellent computer skills for using Microsoft Office (Excel, Access), SQL, and VBA.
  • Should be deadline driven and have ability to work under pressure.
  • Good analytical, interpersonal, communication and organizational skills.Desired Skills and Abilities:
  • 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.

    • Employment Type: Full Time, Permanent

    Read full job description

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    What people at Axa XL are saying

    Associate salary at Axa XL

    reported by 18 employees with 1-5 years exp.
    ₹3.5 L/yr - ₹7.3 L/yr
    19% less than the average Associate Salary in India
    View more details

    What Axa XL employees are saying about work life

    based on 383 employees
    75%
    93%
    80%
    97%
    Flexible timing
    Monday to Friday
    No travel
    Day Shift
    View more insights

    Axa XL Benefits

    Submitted by Company
    Job Training
    Health Insurance
    Soft Skill Training
    Cafeteria
    Submitted by Employees
    Work From Home
    Health Insurance
    Cafeteria
    Team Outings
    Soft Skill Training
    Job Training +6 more
    View more benefits

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