Facultative Underwriting Analyst supporting Property & Casualty Underwriters through accurate costing and risk assessments. Collaboration with stakeholders for efficient underwriting process and portfolio management.
Responsibilities
Work closely with Facultative Property underwriters & other XFT's to provide accurate costing (i.e. NAT CAT, Fire) and risk assessment for the relevant exposures
Perform CAT Modeling, Fire Pricing, Loss comparisons with reasoning and risk accumulation checks
Understand the overall P&C FAC underwriting business process & provide data analysis to help underwriters price policies appropriately based on risk factors
Ensure proper coordination with the local desk underwriters, Hub underwriters in Bangalore and other stakeholders
Prepare data reports and insights for underwriting and senior management on risk portfolio analysis
Build and maintain good relationships with your stakeholders, continuously seek feedback for individual and team growth
Act as a business expert on SR Facultative process tools, maintain the best practice on record management and processes
Identify and recommend improvements to existing processes, tools, or models to enhance underwriting process and efficiency
Requirements
Bachelor's degree in finance, Engineering, insurance, or a related field
At least 2-3 years of experience in the Insurance and Reinsurance industry, with a strong focus on catastrophe modeling, pricing support, or risk analysis
Understanding of critical data inputs driving NAT CAT Modeling and Fire pricing
Hands-on experience with Catastrophe risk models (RMS, AIR, or similar tools)
Knowledge of Property lines policy terms/conditions and wording
Strong analytical, problem-solving, and critical-thinking skills
Strong working knowledge of Microsoft Office (Word, Excel, PowerPoint, etc.)
Understanding and demonstrating sensitivity toward cultural differences
Excellent listening, written, and verbal communication skills in English (other foreign languages are a plus)
Strong attention to detail and ability to manage multiple priorities effectively with customer focus
Flexibility to work during APAC time zone
Benefits
Hybrid work model where you will be in the office at least three days per week
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