Job Description

- Senior Technical Specialist, Cat Risk \xe2\x80\x93 Analytical Services, Noida

Analytical & Data Services team provides an integrated suite of data and analytical services and solutions based on RMS\xe2\x80\x99 catastrophe models, that global insurance and reinsurance clients rely on for making decisions on underwriting, portfolio management, capital management and risk transfer. The team works with exposure data of a majority of Fortune 500 corporate accounts, analyzing the quality of data, assessing clients\xe2\x80\x99 exposure to catastrophic events, and providing insights on loss drivers and distributions, using RMS models. Analysts on the team specialize in data interpretation, data analytics, data quality, financial policy structures, and a deep understanding of sophisticated catastrophe models of perils including earthquake, hurricane, and terrorism.

As a Senior Technical Specialist, Cat Risk, you will be required to lead client-facing risk analytics projects involving requirements scoping, design of reports, data preparation and modelling, and presentation of results. Having lead a data preparation team (fully or partially) is a good add-on skill. You must exhibit excellent communication and presentation skills and are willing to work in a global, matrix environment. As a technical expert, we expect you to display strong problem-solving skills, help groom and build stronger technical and business understanding on the larger team.

Key Accountabilities & Deliverables

• Exhibit in-depth knowledge of RMS models (model methodology, schema)
• Hands-on end-to-end account modeller and can perform Portfolio/ Cedant analysis, understanding exposure preparation and enrichment is a big plus
• Provide high quality exposure and loss analysis, build relevant insights to enable swift business decisions at the client-end.
• Assess input data quality and highlight potential improvements to client along with impact of data fallacy/inadequacies.
• Document all aspects of a project, particularly focusing on the rationale for decisions and exceptions.
• Drive process improvements which increase utility or efficiency of analysis.
• Own project compliance by ensuring processes, guidelines and SOPs is followed
• Manage client escalations, minimize potential issues
• Ensure continual improvement through efficiency improvement through process reengineering or automation ideas
• Manage high performing assets, groom process champions
• Support client onboarding from Transition to \xe2\x80\x9cBusiness-As-Usual\xe2\x80\x9d phase by collaborating with other RMS teams.
• Interface with RMS client development and other technical teams on client engagements.
• Support vertical head and new opportunities team for developing new service lines.

Skills:

• Strong analytical and problem-solving abilities.
• Strong database and data mining skills - Good knowledge of Excel, Access, and SQL
• Excellent written and verbal communication.
• Collaborative and stakeholder management

Requirements:

• BE / B. Tech (preferably Civil/Mechanical Engineering) from IIT/NIT or other reputed universities

OR

• MBA Finance/Insurance/Operations Research or master\xe2\x80\x99s in mathematics/ Statistics/Operations Research/Economics from top-tier universities.
• 8+ years\xe2\x80\x99 experience in risk/ business/ data analytics for P&C insurance, reinsurance, or insurance linked securities.
• Experience in mathematical or statistical application for R&D, model development or solution design.
• Extensive experience on catastrophe risk models
• Preferred \xe2\x80\x93 Knowledge of R, Python and Power BI

About RMS, A Moody\xe2\x80\x99s Analytics Company

Risk Management Solutions, Inc. (RMS) models and solutions help insurers, financial markets, corporations, and public agencies evaluate and manage global risk throughout the world. RMS has some 1,300 employees across 13 offices in the US, London, Bermuda, Zurich, India, China, Japan, Singapore, and Australia, with products and models covering six continents.

We lead an industry that we helped to pioneer\xe2\x80\x94catastrophe risk modeling \xe2\x80\x93 and continue to innovate. RMS was founded in 1989 by Stanford scientists who created our first model for California Earthquake. Today Insurers, reinsurers, trading companies, and other financial institutions trust RMS solutions to better understand and manage the risks of natural and human-made catastrophes, including hurricanes, earthquakes, floods, terrorism, and pandemics.

We got acquired by Moody\xe2\x80\x99s Analytics in 2021, opening up fascinating new opportunities to expand our models, data, technology and services to industries beyond Insurance to help the world better manage its risks.

RMS is proud to be an equal opportunity workplace. We are committed to equal employment opportunity without regard to race, color, creed, gender, religion, marital status, registered domestic partner status, age, national origin or ancestry, physical or mental disability, genetic characteristics, sexual orientation, or any other classification protected by applicable local, state, or federal law.

Risk Management Solutions