AXA XL is an Equal Opportunity Employer Analyst CAT Modelling Bengalulru Karnataka India To provide CAT modelling support to global stakeholders using analytical models developed by external providers to calculate losses pertaining to natural and man-made perils What you ll be DOING What will your essential responsibilities include 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 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 queries Using workflow and time-tracking tools 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 You will report to Assistant Manager What you will BRING We re looking for someone who has these abilities and skills Required Skills and Abilities MBA in Insurance PG Diploma in General Insurance Advanced Diploma in Insurance Associate in Insurance CERT CII Desired Skills and Abilities Graduate in any discipline preferably in Mathematics Finance Economics or Accounting Relevant years of experience in a corporate workplace 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 Fluent English other language if required Who WE are 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 axaxl com What we OFFER Inclusion 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 enables business growth and is critical to our success That s why we have made a strategic commitment to attract develop advance and retain the most inclusive workforce possible and create a culture where everyone can bring their full selves to work and 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 axaxl com about-us inclusion-and-diversity AXA XL is an Equal Opportunity Employer Total Rewards AXA XL s Reward program is designed to take care of what matters most to you covering the full picture of your health wellbeing lifestyle and financial security It provides competitive compensation and personalized inclusive benefits that evolve as you do We re committed to rewarding your contribution for the long term so you can be your best self today and look forward to the future with confidence 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

📌 Analyst, Cat Modelling (Karnataka)
🏢 Axa
📍 Karnataka