Catastrophic Modeler Jobs - Mumbai - Populus

ROLE SUMMARY                             

• The role requires deep analytical and organizational skills, the capability to see the wider picture while maintaining an eye for detail, and the ability to maintain a rigorous process and high-quality output under time pressure. 
  
• The ideal candidate should display active and quick self-learning qualities along with the ability to work in different teams and contribute to the knowledge sharing and other activities for team and individual development.
  
• Successful candidates will be degree educated, ideally have experience of working within the insurance industry and will be confident with computers and figures
  
• This position is based in Thane-India.
  

DUTIES AND RESPONSIBILITIES                       

Although the main goal of a catastrophe modeler is to produce probabilistic estimates of losses to insurance companies due to various perils including earthquake, windstorm, etc., the other duties and responsibilities of this position include: 

• Preparing data for auditing – data cleansing, data checks and importing data from Excel, text, etc. into SQL Query Analyzer.
  
• Data auditing – creating summary reports of client provided exposure data including effective data editing in SQL.
  
• Implementing changes to the data following the Client’s response to the audit report
  
• Preparing model input files & importing data into models using assumptions from the audit report
  
• Setting up and running multiple, latest catastrophe models (RiskLink /CLASIC2 & Touchstone/WorldCAT& RQE) as well as in-house models.
  
• Modeling for various perils including  Earthquake, Windstorm, Flood, Terrorism on Property as well as Worker’s Compensation exposures (Detailed and Aggregate models)
  
• Preparation of catastrophe modeling reports (loss reports, reinsurer reports, etc.) including result interpretation
  
• Undertaking model sensitivity analysis of catastrophe modeling software.
  
• Preparation of maps, graphs using various tools like ArcGIS, Spatial Key, etc. and various other reports using proprietary tools (iFM, ReCast, etc.).
  
• Explaining factors driving losses for a given portfolio/account.
  
• Undertaking accumulation management for various reports, including Supplementary Rating Questionnaire (SRQ) along with a study on Solvency II.