Nat Cat Modeler

Posted 3 Days Ago
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Mumbai, Maharashtra, IND
In-Office
Junior
Insurance
The Role
Supports treaty reinsurance catastrophe modeling, pricing, accumulation monitoring, and risk management. Analyzes client exposure data, uses vendor catastrophe models, validates capacity, contributes to pricing processes and tool development, and supports natural catastrophe research and underwriting queries. The role also leads smaller projects, collaborates across analytics and governance teams, mentors interns, and may participate in regional client visits.
Summary Generated by Built In

Job Summary

Support the Cat Manager with ensuring smooth operations, by ensure pricing and accumulation are timely, accurate and compliant with guidelines and with the catastrophe risk management of SCOR’s portfolio.

Responsibilities

Key duties and responsibilities

Support Cat Modelling, Pricing and Accumulation:

  • Provide treaty reinsurance catastrophe modelling support to underwriters. Analyse cedant exposure/modelled results received from clients/brokers and import into vendor risk modelling environment for in-house modelling
  • Support the delivery of catastrophe risk pricing of treaty reinsurance using those vendor models, experience and/or internally developed tools as per SCOR process and guidelines
  • Support the monitoring and validate used capacity using specific tools
  • Contribute to the development and implementation of consistent process and procedures for pricing, and best practices for modelling, including tool development
  • Be a reference for one or more markets
  • Mentoring of interns

Analytics:

  • Support projects and follow-up questions / modelling assumptions brought up by underwriters and/or analysts
  • Collaborate in transverse initiatives (Cat Systems, Analytics and Governance, wider Reinsurance or Specialty Insurance units)
  • Contribute to the AvE Analysis
  • Lead of smaller projects

Project / Research:

  • Support business as required with appropriate projects on Nat Cat topics
  • Collaborate in projects to answer underwriter-specific queries on hazard, vulnerability and model behaviour
  • Learn to understand and interrogate vendor models to develop appropriate risk-views for pricing and accumulation
  • Collaborate in research related to better understanding of natural perils
  • Support business as required with client visits
Qualifications

Experience

  • At least two years’ work experience in the financial services industry, preferably in reinsurance/insurance with a focus on analytical and/or actuarial work, for instance the development and structuring of reinsurance products, financial instruments, and pricing tools
  • Sound knowledge of Microsoft Office (Proficiency in Excel). SQL, GIS. Programming skills ideally in R or Python
  •  Expertise in using RMS RiskLink/RiskModeller and/or AIR Touchstone user interface platforms
  • Strong analytical skills. Pro-active, hands-on mentality and can-do attitude. Self-starter and solution oriented. Flexible, can adapt according to priorities.
  • Clear communicator, able to structure an argument and ability to explain complex issues in a simple way. Team player, interested in sharing knowledge and helping to develop the team.

Personal Competences

  • Highly motivated and driven individual who has the maturity to work with a diverse group of personalities

  • Strong work ethics and ability to work in a rapidly changing and complex environment

  • Strong organizational and time management skills

  • Effective communication and collaboration skills with effective interpersonal verbal and written skills to communicate with non-technical colleagues

  • Good analytical and problem-solving skills

  • Good business acumen – synthesizes analytical skill with business insight

  • Self-starter who finds creative solutions and brings positive attitude to address challenges

  • Willingness to travel in the region

About Us

As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.

Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies.

As an international company, our common culture is defined by “The SCOR Way.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.

Skills Required

  • At least two years of work experience in financial services, preferably insurance or reinsurance with analytical or actuarial responsibilities
  • Proficiency with Microsoft Office, particularly Excel
  • Knowledge of SQL and GIS
  • Programming skills in R or Python
  • Expertise using RMS RiskLink, RMS RiskModeller, and/or AIR Touchstone platforms
  • Strong analytical, problem-solving, organizational, and time-management skills
  • Ability to communicate complex issues clearly to technical and non-technical colleagues
  • Ability to collaborate effectively and share knowledge within diverse teams
  • Business acumen and ability to combine analytical skills with business insight
  • Willingness to travel in the region
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The Company
HQ: Paris, Paris
4,492 Employees

What We Do

SCOR, one of the world’s largest reinsurers, serves more than 5,000 clients worldwide, providing a diversified and innovative range of solutions to control and manage risk. SCOR delivers advanced financial solutions, analytics and services across all dimensions of risk in Life & Health, Property & Casualty, and Investments. Reinsurance lies at the intersection of technical expertise and scientific progress. Models, data, and pricing and reserving tools are essential, yet they are never sufficient on their own. Sound risk decisions require expert judgment, experience and perspective. This is what we call the Art and Science of Risk. Reinsurance is a knowledge industry, where expertise grows through accumulation, transmission and practice. Across the Group, 3,600 experts based in more than 35 offices worldwide contribute to this collective intelligence. Actuaries, underwriters, risk management specialists, and Tech & Data experts transform data into insight, explore extreme scenarios, define the boundaries of insurability and help anticipate emerging risks. Together, they strengthen the resilience of SCOR, our clients and the societies we serve. This expertise is built through shared experience,continuous questioning and collective reflection. Like artists, we belong to schools of thought, learning first to observe, then to replicate, and ultimately to innovate. This ongoing transmission of knowledge enables SCOR to develop a distinctive approach, combining rigor, creativity and long-term vision in the service of risk mastery. This shared commitment underpins SCOR’s role as a global reinsurer. By turning risk into resilience and sustainable value, our collective of experts acts with responsibility and purpose. Together, we help protect the future, and shape it, for our clients, for society and for generations to come.

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