Job Discription
Reinsurance Solutions Job Description
Job Information
Job Title
IND Sr. Consultant (Flood Modeling, Vulnerability)
Revenue Line
Aon Reinsurance Solutions
ARL Level (1 – 9)
6 – 7
Scope
Position Overview/Summary
AON| Impact Forecasting (IF), is looking for a vulnerability modeler for US flood – senior scientist. This is a full-time position located in Bangalore (India), to build stochastic and scenario models for the US and its territories, and to quantify and manage catastrophe risk in insurance and reinsurance industry.
Detailed Job
Responsibilities
Develop vulnerability functions for different regions based on building inventory data.
Development and calibration of bespoke vulnerability functions.
Develop component-based vulnerability for freshwater flooding and storm surge (using computer simulation and/or claims).
Use IF proprietary loss modeling platform ELEMENTS in estimating loss.
The individual will actively collaborate with R&D team and software development teams in all aspects of the model development and implementing the methodologies developed by the R&D group at IF.
Provide critical analysis of modeling results for internal validation of models and explaining results to clients when needed.
Role-specific Technical Skills and Knowledge (including any educational or degree requirements, years of prior work experience, etc.)
This position requires a master’s degree and preferably a PhD in Engineering/Science/Mathematics.
Strong analytical and quantitative skills.
Solid knowledge of probability concepts and statistics
General understanding about structural engineering (preferred but not a necessity).
Excellent understanding and at least 2 years direct experience in vulnerability related to any peril. The candidate should have a general understanding about construction codes and practices (preferred but not a necessity).
Proficiency in data analysis and excellent programming skills in MATLAB, Python, or R.
Some knowledge of insurance/reinsurance concepts is a plus
Excellent skills in oral and written communication
Capability to work in a team effectively and respect teamwork environment 2523355
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