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Recruit for the Analytics and Modeling Associate-Catastrophe Underwriting

1.00 to 3.00 Years   Bangalore   17 Feb, 2023
Accenture
Job LocationBangalore
EducationNot Mentioned
SalaryNot Disclosed
IndustryIT - Software
Functional AreaRisk / UnderwritingGeneral / Other Software
EmploymentTypeFull-time

Job Description

    Skill required: Catastrophe Underwriting - Catastrophe ManagementDesignation: Analytics and Modeling AssociateJob Location: BengaluruQualifications: BE/BComYears of Experience: 1 to 3 years About Accenture 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, Technology and Operations services, and Accenture Song all powered by the world s largest network of Advanced Technology and Intelligent Operations centers. Our 699,000 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. 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 tax preparations, insurance coverage, and 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 actio What are we looking for Ability to perform under pressure Adaptable and flexible Agility for quick learning Roles and Responsibilities In this role you are required to do analysis and solving of lower-complexity problems Your day to day interaction is with peers within Accenture before updating supervisors In this role you may have limited exposure with clients and/or Accenture management You will be given moderate level instruction on daily work tasks and detailed instructions on new assignments The decisions you make impact your own work and may impact the work of others You will be an individual contributor as a part of a team, with a focused scope of work Please note that this role may require you to work in rotational shifts,

Keyskills :
enterprise risk managementdata entrycapital marketrisk analyticsrisk managementdata validationenterprise riskhelping clientscommercial modelsfinancial services

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