VUVuram
Assistant Manager- Model Validation
Gurgaon ₹1-5 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