Skill required: Catastrophe Underwriting - Catastrophe Underwriting Research
Job Location: Bengaluru
Years of Experience: 3-5 years
About Accenture Operations
In today's business environment, growth isn't just about building value-it's fundamental to long-term business survival. So how do organizations sustain themselves? The key is a new operating model-one that's anchored around the customer and propelled by intelligence to deliver exceptional experiences across the enterprise at speed and at scale. You will deliver breakthrough business outcomes for clients-by harnessing talent, data and intelligence to revolutionize their operating models. Operations is one of four services that make up one Accenture -the others are Strategy and Consulting, Interactive and Technology. Visit us at www.accenture.com
What would you do?
You will be aligned to our Financial Services, Banking, Insurance, and Capital Market vertical which is focused on helping clients with their operations & investment portfolios.
This team is responsible for providing insurance account data entry, enhancement, coding, and modeling support to underwriting and regional catastrophe teams globally. They help in processing submission data files within stipulated time frames by entering them into account modeling systems, translating, coding to model recognizable format(s), assessing, correcting location addresses and geocoding using Google. The team helps in modeling one or more different policy structures per account, and multiple options as requested by the underwriter. Modeling accounts to estimate catastrophe losses from all perils using multiple catastrophe models and provide catastrophe modeling results to support the pricing and underwriting process.
You will be working as a part of a dynamic research and development team comprising people with diverse backgrounds, such as natural hazards, atmospheric sciences, engineering, flood modeling, etc. This position will be responsible for conducting research and developing cutting-edge underwriting and portfolio management solutions for risk assessment from atmosphere/weather-related perils - tropical and extra-tropical cyclones, tornado/hail, winter storms, and wildfire, etc. You will be working on catastrophe risk models to perform in-depth validation of hazard and vulnerability components of tropical/extra-tropical cyclones, tornado/hail, winter storms, wildfire catastrophe models from RMS and AIR. You would be responsible for developing, tuning, and updating internal natural hazard-related datasets/models and risk management tools and interact with internal and external stakeholders to communicate the established view of risk.
What are we looking for?
We are looking for individuals who have the following skillset:
- Adaptable and flexible
- Agility for quick learning
- Ability to work well in a team
- Collaboration and interpersonal skills
- Ability to meet deadlines
Roles and Responsibilities
- In this role, you are required to analyze and solve lower-complexity problems
- Your day to day interaction is with peers within Accenture before updating supervisors
- You may have limited exposure with clients and/or Accenture management
- You will be given moderate level instructions on daily work tasks and detailed instructions on new assignments
- You will need to be well versed with basic statistics and terms involved in the day to day business and use it while discussing with stakeholders
- You will be expected to constantly be on the lookout for ways to enhance value for your respective stakeholders/clients
- The decisions you make impact your work and may impact the work of others
- You will be an individual contributor as a part of a team, with a focused scope of work.
Please note this role may require you to work in rotational shifts.
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