Associate Manager-Financial Services

Job Description

Skill required: Catastrophe Underwriting - Catastrophe ManagementDesignation: Management Level - Associate ManagerJob Location: BengaluruQualifications: Any GraduationYears of Experience: 10-14 yearsAbout Accenture OperationsIn todays business environment, growth isnt just about building value-its fundamental to long-term business survival. So how do organizations sustain themselves The key is a new operating model -one thats anchored around the customer and propelled by intelligence to deliver exceptional experiences across the enterprise at speed and at scale. You will deliver breakthrough business outcomes for clients-by harnessing talent, data and intelligence to revolutionize their operating models. Operations is one of four services that make up one Accenture -the others are Strategy and Consulting, Interactive and Technology. Visit us at www.accenture.comWhat 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:

• Underwriting
• Ability to establish strong client relationship

Roles and Responsibilities

• In this role, you need to analyze and solve moderately complex problems
• You will typically be creating new solutions, leveraging and, where needed, adapting existing methods and procedures
• The role requires a clear understanding of the strategic direction set by senior management as it relates to team goals
• You will need to hold monthly meaningful conversations with team members to discuss performance, coaching and feedback, training needs, and career discussions
• You will need to monitor & drive team performance, including throughput and quality as per defined metrics
• Your primary upward interaction is with a direct supervisor or team leads
• You will generally interact with peers and/or management levels with clients or internal stakeholders
• You will be provided with minimal guidance when determining methods and procedures on new assignments
• Decisions that you make often impact the team in which they reside and occasionally impact other teams
• You would be managing medium-small sized teams and/or work efforts at a client or within Accenture.

Please note this role may require you to work in rotational shifts.,

Keyskills :
salesmanagementmiscustomer relationsqualityenterprise risk managementdata entrycapital marketrisk analyticstraining needsrisk managementbusiness processcommercial modelsfinancial servicescatastrophe modeling