Job Description

The Purpose of the role As a key member of the Catastrophe Modelling scrubbing Team, an Associate is responsible for providing the scrubbed excel template which would be used as a CAT modelling input. Also the associate will interact directly with the underwriter and confirm the key variables that has to be captured in the CAT import template. Submission review and data scrubbing are the two most important tasks to be performed in the role. Associate should consolidate data from multiple resources and integrates information into necessary format after completing the quality checks. Responsibilities

• Quickly learn and understand the concepts of property and casualty insurance.
• Review the schedule submitted by the underwriter and follow up for any clarifications via e-mail or telephone
• Identify and collect critical information from various documents (broker slips, notes, online resources) provided by the client
• Extract data from various document formats and transfer specified information into the format requested by the client
• Prepare input sheet by using appropriate codes and coding COPE information as per underwriter\xe2\x80\x99s instruction.
• Perform secondary research by using online resources and complete the missing information critical for modelling.
• Provide results in the expected format for underwriters
• Work closely with the CAT modelling team and provide detailed summary of the assumptions made in completing the deliverable.
• Achieve TAT by completing deliverables on time and prioritize workload with the team that are crucial for business. Understand the existing process and provide suggestions for process improvement to speed up the deliverable with quality.

Required knowledge, Skills and qualifications

• Fresher/0-6 Months experience in Insurance/ Risk Management (OR) Statistics and Data Analysis
• Graduate in quantitative sciences/Mathematics/Engineering all streams
• Long term interest for career growth in underwriting and risk management
• Able to work flexible schedule to accommodate business requirements and work requests from different time zones.
• Proficiency in Excel skills & experience in Data Scrubbing
• Working knowledge of CAT Modelling software and data scrubbing. Proficiency in English language (verbal, written, comprehension).

Why Chubb Business Services India? Here are some reasons to join us:

• You will be joining a group of diverse and driven professionals trained to succeed in today\xe2\x80\x99s insurance landscape.
• We provide the opportunity to cultivate a robust career; we accommodate your growth and development even as we expect you to make meaningful contributions to our company.
• We offer competitive compensation and benefit programs. We pride ourselves in being a meritocracy that rewards the best talent. We seek to create an inclusive environment where employees of different cultures and backgrounds can thrive.

Our company and culture Chubb Business Services India focuses on building strong capability in the areas related to technology, CAT modeling, risk management, actuarial services and advanced analytics. The culture we would like to establish would align with the core principles of the organization as outlined below with the desire to transform and grow together. Our culture reflects a commitment to craftsmanship and as craftspeople, we adhere to certain ideals:

• A Can-Do Attitude \xe2\x80\x93 we are optimistic about our future and we have an enthusiasm to serve our customers and business partners with utmost speed and energy. We approach our work with passion \xe2\x80\x93 people want to live their lives with meaning. We have a shared vision to build something great \xe2\x80\x93 to serve society and leave the world a little better place because we\xe2\x80\x99ve been here.
• Excellence in All We Do \xe2\x80\x93 we hold ourselves to exacting standards of technical proficiency. Customers can count on us to pay claims fairly and quickly. Agents and brokers can rely on us for attention to detail and help them build their businesses
• Constant Improvement \xe2\x80\x93 we are a learning organization. We are constantly searching for ways to improve our craft. We relentlessly pursue data-driven insights to drive better, smarter decision-making \xe2\x80\x93 our portfolio management efforts, for example.

Global Reach and Local Expertise \xe2\x80\x93 we apply our craft locally all around the world. We appreciate differences in culture, history and geography. And this enables us to adapt accordingly to best serve diverse customers, markets and distribution.