Team Lead/Consultant-Catastrophe Underwriting

From 7 to 11 year(s) of experience
₹ Not Disclosed by Recruiter

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Posted: 28 days agoJob Applicants: 24Job Views: 186

Job Description

Skill required: Catastrophe Underwriting - Catastrophe Management

Designation: Management Level - Team Lead/Consultant

Job Location: Bengaluru

Qualifications: BE/Master of Business Administration

Years of Experience: 7-11 years

What would you do?

You will be aligned to our Financial Services, Banking, Insurance, and Capital Market vertical which is focused on helping clients with their operations & investment portfolios.

This team is responsible for providing insurance account data entry, enhancement, coding, and modeling support to underwriting and regional catastrophe teams globally. They help in processing submission data files within stipulated time frames by entering them into account modeling systems, translating, coding to model recognizable format(s), assessing, correcting location addresses and geocoding using Google. The team helps in modeling one or more different policy structures per account, and multiple options as requested by the underwriter. Modeling accounts to estimate catastrophe losses from all perils using multiple catastrophe models and provide catastrophe modeling results to support the pricing and underwriting process.

In this role, you will be working closely with Account Modeling (AM), Regional Portfolio (RP), Corporate CAT Risk Aggregation (CCRA), and Enterprise Risk Management (ERM) teams and deliver catastrophe risk analytics and portfolio CAT reporting. You will perform commercial line rollups & explore various data topics to improve the data validation, reconciliation, reinsurance captures & reporting to stakeholders setting technical pricing for property & casualty policies (both retail and non-retail) & portfolio modeling for quarterly financial reports. The role requires for you to conduct research, create or validate existing CAT models for regions around the world, develop underwriting solutions for risk selection and technical pricing, examine the scientific basis of commercial Catastrophe models from vendors such as RMS and AIR-Worldwide, identify possible biases and erroneous assumptions and provide remediating actions to establish the view of risk.

What are we looking for?

We are looking for individuals who have the following skillset:

  • Detail orientation
  • Ability to establish strong client relationship
  • Results orientation
  • Strong analytical skills
  • Written and verbal communication

It would be a value add if you are proficient in:

  • Insurance

Roles and Responsibilities

    As a team lead you will be expected to:

  • Understand and effectively manage the team's governance and performance
  • Understand the level of risk & propose mitigation plans and partner with other support teams to resolve requests/issues in a timely manner
  • Clearly communicate team goals and deliverables and keep the team updated on changes
  • Coach team members and provide the first level advice on procedures/methods
  • Solve increasingly complex problems & effectively delegate to develop and groom team members for succession planning
  • Maintain client relationships interface through regular connects and emails
  • Understand client priorities and problems & help translate actions for the team
  • Use innovation to identify opportunities to optimize processes, decrease costs and increase client value
  • Use data analytics and story-telling techniques to enhance the client journey

Role:Not mentioned

Salary: Not Disclosed by Recruiter

Industry:IT Services & Consulting

Functional Area:Engineering - Software

Role Category:Not mentioned

Employment Type:Full Time, Permanent

Education

UG:Any Graduate

PG:MBA/PGDM in Any Specialization

Doctorate:Doctorate Not Required

Company Profile

Accenture Solutions Pvt Ltd

Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services—all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 514,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.
Company Info
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Contact Company:Accenture Solutions Pvt Ltd

Address:Plant 3,Godrej and Boyce Compound, MUMBAI, Maharashtra, India

Reference Id:135329

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