VU

Assistant Manager- Model Validation

Vuram
Gurgaon1-5 LPA Posted 18 Jun 2025
FULL TIME
Data Analysis
model validation

Job Description

  • Understand the basics and principles of cat modelling and outputs (exposure, hazard, geocoding, vulnerability, financial model)
  • Use one or more catastrophe modelling software tools (e.g., RMS, AIR, IF)
  • Run and analyze QBE exposures using Risk Modeler, AIR Touchstone, ELEMENTS, etc., based on model validation and business needs
  • Understand model profile settings and conduct sensitivity tests; extract and report results
  • Understand client exposure and risk perspective to support decision-making; utilize in-house tools
  • Perform model validation and provide recommendations for model usage or adjustments
  • Collaborate with internal teams and external data providers, using data from scientific sources, claims, and insured exposure
  • Contribute to and lead group-wide projects in coordination with global teams
  • Produce customized reports on exposure data and modeled results
  • Evaluate re/insurance pricing for individual accounts and product classes
  • Analyze catastrophe reinsurance structures and strategies to assist in reinsurance placements
  • Support real-time event analysis and post-event review insights

Qualifications:

  • Degree in Mathematics, Applied Mathematics, Statistics, Engineering, or Actuarial Science
  • Postgraduate/Undergraduate degree in a quantitative, scientific, or environmental discipline preferred
  • Strong analytical and numerical skills to manage large datasets
  • Experience with re/insurance catastrophe data and/or cat modelling software
  • Excellent written and verbal communication skills with the ability to explain technical concepts clearly
  • Proactive approach to identifying inefficient processes and proposing improvements

Desirable Requirements:

  • Knowledge of commercial insurance or catastrophe modelling industry
  • Working knowledge of RMS, AIR, or other vendor modelling platforms
  • Coding experience in SQL, VBA, R, C#, or similar
  • Experience with GIS or other mapping software

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