Location:

Gurgaon/ Bangalore

Role:

Assistant Manager/ Manager

Requirements:

Assistant Manager / Manager: 4 to 8 years of relevant experience in Reinsurance Pricing and Capital Modelling.

Reinsurance Pricing:

• In-depth understanding of Reinsurance treaty pricing (with demonstrable experience)
• End-to-end pricing across a range of (Re)insurance structures (QS, per Risk XoL, Agg XoL, Stop Loss, Indexed Layers etc)
• Exposure rating (where applicable)
• Experience rating using frequency/severity and burning cost etc approaches
• Dealing with large data sets preparation and manipulation for modeling, including:
• Modeling premium and pricing (and loss-sensitive) features e.g. reinstatements, AADs, swing-rated deals
• Derivation and reconciliation of LDFs and development patterns
• Support and input on increasing efficiency of individual risk assessment where possible e.g. automated data manipulation

Capital Modelling:

• Understanding of Solvency II regulation and Capital Requirements
• Standard Formula calculations and reporting
• Internal capital modelling, calibration, validation, and reporting