Skill required: Catastrophe Underwriting - Catastrophe Management
Designation: Senior Analyst
Job Location: Bengaluru
Years of Experience: 5-8 years
About Accenture Operations
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services – all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 674,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.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.
In this role, you will be working closely with Account Modeling (AM), Regional Portfolio (RP), Corporate CAT Risk Aggregation (CCRA), and Enterprise Risk Management (ERM) teams and deliver catastrophe risk analytics and portfolio CAT reporting. You will perform commercial line rollups & explore various data topics to improve the data validation, reconciliation, reinsurance captures & reporting to stakeholders setting technical pricing for property & casualty policies (both retail and non-retail) & portfolio modeling for quarterly financial reports. The role requires for you to conduct research, create or validate existing CAT models for regions around the world, develop underwriting solutions for risk selection and technical pricing, examine the scientific basis of commercial Catastrophe models from vendors such as RMS and AIR-Worldwide, identify possible biases and erroneous assumptions and provide remediating actions to establish the view of risk.
What are we looking for?
We are looking for individuals who have the following skillset:
- Adaptable and flexible
- Ability to perform under pressure
- Problem-solving skills
- Detail orientation
- Ability to establish strong client relationship
Roles and Responsibilities
- In this role, you need to analyze and solve increasingly complex problems
- Your day to day interactions is with peers within Accenture
- You are likely to have some interaction with clients and/or Accenture management
- You will be given minimal instruction on daily work/tasks and a moderate level of instructions on new assignments
- You will need to consistently seek and provide meaningful and actionable feedback in all interactions
- You will be expected to be constantly on the lookout for ways to enhance value for your respective stakeholders/clients
- Decisions that are made by you will impact your work and may impact the work of others
- You would be an individual contributor and/or oversee a small work effort and/or team.
Please note this role may require you to work in rotational shifts.
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