Lead Specialist / Deputy Manager - Catastrophe Risk Management

Description:

• The role requires the analyst to help clients better understand their overall exposure to catastrophe risk relating to political violence and allow them to plan accordingly.
• By analysing client exposure data, applying it against in-house and/ or vendor models and supporting trainee analysts, they produce loss estimates that enable brokers to construct effective reinsurance programs for clients.
• The nature of the peril, which is dynamic, and in-house models, which are evolving requires the analyst to be an innovative developer.
• Understanding the exposure data, assessing data quality and making necessary improvements (incl. geocoding) and assumptions for modelling in in-house and/ or vendor models for terrorism
• Document, justify and communicate assumptions made before performing analyses, also produce reports that highlight changes in exposure across various timeframes and the associated impact of catastrophe model results.
• Good experience in applying the policy conditions in the data
• Run the exposure in in-house and/ or vendor models and reporting the results at various geographical resolutions as well as for the relevant lines of business within the clients portfolio.
• Ability to interpret the change in loss results due to modelling parameters and client exposure change
• Analysing how the distribution of results and relevant risk measures change due to the application of various proposed reinsurance alternatives and/or changes in model/data assumptions.
• Work as a team, support the development of junior analysts and provide quality assurance reviews of others.
• Work on ad hoc research and development projects as and when required to innovate new models and evolve existing models
• Maintain a regular positive feedback from stakeholder
• Proactive interaction with stakeholders on modelling requirements and ad hoc requests and build a network of relationships within the global company
• Provide insights and process improvement ideas to enhance the efficiency of the process, considering the skillsets of colleagues who may be able facilitate this.
• Use state of art techniques in data analytics and create new output dashboards

• Degree in Mathematics / Statistics / Computer-Science / Engineering (any stream) or related fields
• 4+ years of experience in Catastrophe Modeling in providing CAT analytics at account or portfolio level
• Basics of Insurance / Reinsurance / Catastrophe Modeling
• Knowledge on basics of Insurance/Reinsurance and Catastrophe Modeling
• Proficiency in at least one of the CAT Modeling softwares RMS/ AIR/ RQE
• Excellent analytical and problem solving skills
• Attention to details. Ability to understand and manipulate data quickly and creatively.
• Ability to respond to changing priorities and manage time efficiently.
• Ability to question analytical output, challenge and identify potential sources of errors and find ways to overcome them
• Proficient in with Excel, Access and SQL

• Advanced degree in any of the above fields. Any relevant context to political violence.
• Use of insurance models for modelling terrorism
• Industry Certifications
• Alteryx, Power BI, VBA and/or advanced programming skills

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Guy Carpenter, a business of Marsh McLennan (NYSE: MMC), is a leading global risk advisory and reinsurance specialist and broker. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit guycarp.com, or follow on LinkedIn and X.