Senior Analyst Cat Modelling

Year    Gurgaon, Haryana, India

Job Description


Senior Analyst- CAT Modelling (French Linguist) Gurgaon, Haryana/ India AXA XL India Enterprise operations team serves various Business Units spread across various global regions. We provide underwriting support services for a variety of tasks such as submissions, ratings, coding, issuance, and various underwriting support task activities. We\'re looking to recruit a Process Specialist for our team in Gurgaon. DISCOVERyour opportunity What will your essential responsibilities include . Ensuring adherence to Catastrophe (CAT) Modeling guidelines while processing accounts. . 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. . Providing on the job training and mentoring to new team members. . Performing quality check on tasks performed by colleagues . Preparing and maintaining documentation of the exisiting and future processes, including detailed process maps. . Support underwriting with Pricing decisions, thereby learning and correctly capturing the data in Pricing Tool, as and when applicable . Communicating with Underwriters and ERM to help resolve more complex queries. . Using workflow and time-tracking tool to ensure proper work organisation and reporting. . Constantly challenging existing processes and looking for improvement opportunities. Participating in internal projects/common initiatives together with ERM. . Might be supporting transition planning & execution You will report to Deputy Manager. SHARE your talent We\'re looking for someone who has these abilities and skills: . Candidates with 3 - 4 years of experience in Insurance\'s process/ BFSI preferred. . Minimum 50% in the highest qualification in any stream other than Engineering /Btech. . Advance Diploma or Graduation in French Language is required from a recognized institute. (C1 & above level) . Knowledge of commercial administrative processes. . Basic knowledge of Casualty loss exposures presented by Fortune 1000 customer base preferred. . Working Knowledge of MS Office. . High Level of commitment towards given deadlines. . Self-motivated, discipline, good time management skills & demonstrates high levels of energy. . Good problem solving and trouble shooting ability as well as flair for improvisation. FIND your future AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don\'t just provide re/insurance, we reinvent it. How By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business \' property, casualty, professional, financial lines and specialty. With an innovative and flexible approach to risk solutions, we partner with those who move the world forward. Learn more at Inclusion & Diversity AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That\'s why we have made a strategic commitment to attract, develop, advance, and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It\'s about helping one another - and our business - to move forward and succeed. Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability, and inclusion with 20 Chapters around the globe Robust support for Flexible Working Arrangements Enhanced family-friendly leave benefits Named to the Diversity Best Practices Index Signatory to the UK Women in Finance Charter Learn more at . AXA XL is an Equal Opportunity Employer. Sustainability At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called \'Roots of resilience\', focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations. Our Pillars: Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society - are essential to our future. We\'re committed to protecting and restoring nature - from mangrove forests to the bees in our backyard - by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans. Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We\'re building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions. Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We\'re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting. AXA Hearts in Action : We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL\'s \'Hearts in Action\' programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day - the Global Day of Giving. For more information, please see axaxl.com/sustainability.

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Job Detail

  • Job Id
    JD3128519
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Gurgaon, Haryana, India
  • Education
    Not mentioned
  • Experience
    Year