CAT Modeling & Analytics Associate

Skill required: Property & Casualty - Catastrophe Risk Management

Designation: CAT Modeling & Analytics Associate

Qualifications:BE

Years of Experience:1 to 3 years
About AccentureCombining 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 worlds 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. Visit us at www.accenture.com

What would you do We help insurers redefine their customer experience while accelerating their innovation agenda to drive sustainable growth by transforming to an intelligent operating model. Intelligent Insurance Operations combines our advisory, technology, and operations expertise, global scale, and robust ecosystem with our insurance transformation capabilities. It is structured to address the scope and complexity of the ever-changing insurance environment and offers a flexible operating model that can meet the unique needs of each market segment.The role will perform Insurance account modelingprocesses within theAnalytics Group of the CoE and will report into a Team Leader Key responsibilities include:- - Providing insurance account data entry, enhancement, coding and modeling support to underwriting and regional catastrophe teams globally - Processing submission data files within stipulated time frames by entering them into account modeling systems, translating and coding to model recognizable format(s)- Modeling accounts to estimate catastrophe losses from all perils using multiple catastrophe models - Providing catastrophe modeling results to support the pricing and underwriting process - Modeling one or more different policy structures per account, and multiple options as requested by the UW- Documenting assumptions and sharing Analytics and relevant files with the UWCatastrophe Risk Management refers to the process of guiding insurers how to manage risk aggregations, deploy capital, and price insurance coverage by using computer assisted calculations to estimate the losses that could be sustained due to a catastrophic event such as a hurricane or earthquake.

What are we looking for Ability to perform under pressureAbility to work well in a teamAdaptable and flexibleAgility for quick learningCollaboration and interpersonal skills- Individual with a bachelor degree in engineering, preferably within one of the following disciplines (Chemical, Electrical, Civil or Mechanical) or any University degree - Proficient with MS Office and internet based research. knowledge of VBA, Python will be an added advantage.

Knowledge of insurance is desirable, but not essential - Must demonstrate oral and written communication skills along with analytical and logical thinking skills
Roles and Responsibilities: In this role you are required to solve routine problems, largely through precedent and referral to general guidelines Your expected interactions are within your own team and direct supervisor You will be provided detailed to moderate level of instruction on daily work tasks and detailed instruction on new assignments The decisions that you make would impact your own work You will be an individual contributor as a part of a team, with a predetermined, focused scope of work Please note that this role may require you to work in rotational shifts
Qualification
BE