Analyst-CAT Modelling Job in Gurgaon at AXA XL

AXA XL is hiring for the role of Analyst-CAT Modelling!

Responsibilities of the Candidate:

• Learning Catastrophe (CAT) Modeling guidelines and ensuring adherence to them while processing accounts.
• Getting detailed know-how on the specific lines of business written at AXA XL in order to understand the tasks you perform.
• Undertaking the processing of various pre and post bind risk modeling tasks via usage of the appropriate application with adherence to the set accuracy, timeliness and productivity goals.
• The choice of application will vary depending on the product.
• Analysing the bound package terms/conditions and translating them into the modeling application.
• Gathering and preparing exposure data to input into the model.
• Would be required to understand/ apply the conceptual knowledge of various insurance terminologies like Ground Up Loss, Gross Loss, Client Loss, Occurrence Exceedance Probability, Loss ratio, AAL (Average Annual Loss),etc.
• while handling risk modeling requests and would in turn be required to respond back to the branch for queries regarding any variations on year-to-year basis. Might be required to interpret modelling results as well.

Requirements:

• Graduate in any discipline, preferably in Mathematics, Finance, Economics or Accounting.
• Relevant years of experience in a corporate environment.
• Good MS Excel (vlookups, pivot tables, formulas). Knowledge of VBA will be an asset.
• Sound numerical ability and analytical mindset, inquisitive mind.
• Ability to work with large amount of data, complex instructions and multiple exceptions.
• Good organization skills and excellent attention to detail.
• Good people skills, communicative and open to new challenges.