Job Description

Flexible Work Eligible: None
DISCOVER your opportunity Senior Associate - Reinsurance Pricing

Gurgaon, Haryana, India



We invent the new to help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative answers, we free up our clients' potential, thereby fulfilling our own. Take it seriously. Make it fun. Know it matters.


Quantify cat risk embedded in reinsurance submissions for the Reinsurance operations. Support broader risk management initiatives in collaboration with corporate areas.



DISCOVER your opportunity


What will your essential responsibilities include?


• Gather and interpret information from clients, brokers, and underwriters.


• Model catastrophe reinsurance structures and strategies using RMS, AIR, and other vendors to support actuarial/underwriting functions primarily serving workers comp and agribusiness business lines.


• Work with our customers to understand exposures, review modeling results, explain modeling limitations, and resolve issues promptly.


• Assess data quality and make necessary assumptions for modeling. Create reports for client exposure and model losses.


• Support projects that improve our function such as model validation, exposure aggregation, tool development, and data mining.
• Assist in preparing the quarterly aggregation reports, building out in-force portfolios, and providing the corresponding loss distributions by peril/region.






• Develop processes & scripts to facilitate data transfers and optimize risk calculations.




• Perform other job-related duties as assigned.





You will report to (Vivek Budakoti).

SHARE your talent SHARE your talent

We're looking for someone who has these abilities and skills:


Required Skills and Abilities:


• 2-5 years of experience in a cat modeling role. Experience with RMS products, especially RiskLink, is necessary. AIR product experience would be highly advantageous.


• Understanding reinsurance terms and conditions would be highly advantageous.




• Undergraduate-level knowledge of statistical and mathematical concepts is required.


Desired Skills and Abilities:


• Robust computer skills in using Microsoft Office (Excel, Access), SQL, and VBA.




• Excellent analytical, interpersonal, communication, and organizational skills

FIND your future



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




Inclusion & Diversity



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 a diverse workforce enable business growth and are critical to our success. That's why we have made a strategic commitment to attract, develop, advance, and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can 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.




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




AXA XL is an Equal Opportunity Employer.
Location : IN-HR-Silokhera Gurgaon

Work Locations : IN Gurugram 14th Floor - Block B2 Silokhera 12th, 14th & 15th (Block B3) DLF IT/ITES SEZSilokhera Silokhera Gurgaon 122001
Job Field : Actuarial
Schedule : Full-time
Job Type : Standard