Reinsurance Treaty Modeler (Hyderabad)

About Chubb Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P; 500 index. Chubb employs approximately 43,000 people worldwide. Additional information can be found at: www.Chubb.Com. About Chubb India At Chubb India, we are on an exciting journey of digital transformation driven by a commitment to engineering excellence and analytics. We are proud to share that we have been officially certified as a Great Place to Work for the third consecutive year, a reflection of the culture at Chubb where we believe in fostering an environment where everyone can thrive, innovate, and grow. With a team of over 2500 talented professionals, we encourage a start-up mindset that promotes collaboration, diverse perspectives, and a solution-driven attitude. We are dedicated to building expertise in engineering, analytics, and automation, empowering our teams to excel in a dynamic digital landscape. We offer an environment where you will be part of an organization that is dedicated to solving real-world challenges in the insurance industry. Together, we will work to shape the future through innovation and continuous learning. Position Details: - Function/Department: Advanced Analytics - Location: Hyderabad, India - Employment Type: Full-time - Role Overview Senior Analyst II CAT Modelling Position Description: Provide treaty reinsurance catastrophe modelling support to treaty reinsurance underwriters. Responsibilities: - Would be required to manage multiple priorities efficiently and meet tight deadlines - Would be needed to analyse cedant exposure/modelled results received from underwriters/brokers and import into vendor risk modeling environment for in-house CTRe modelling - Would be involved in communication with Tempest Re US/CAD/UK treaty underwriters and/or cat analysts about follow-up questions and modelling assumptions - Would need to apply complex reinsurance treaty terms and conditions on Cat excess of loss (Cat XL), Working excess of loss (WXL), Quota Share, Surplus Share, second event cover, RPP, aggregate structures for multiple lines of business (LOBs) on regional & local and global cedants with worldwide exposures - Will be responsible for generating accurate modelling results and subsequent pricing within expected timeframe in line with SLAs - Will be accountable for interpreting RMS, AIR modelled results and communicating/explaining them to reinsurance underwriters. - Need to embark on analytical research to study client/broker modeling approach, best practices and reinsurance market trends, process improvement opportunities and contribution to cat-modelling projects and tools/automation initiatives. - Assist team-lead with workflow management, process documentation and quality reviews. - Mentor/ train junior team members on process workflow Requirements: Technical Qualifications / Experience: In-depth CAT modeling knowledge (expertise in using RMS RiskLink/ RiskModeller user interface platforms) along with strong understanding of (re)insurance backtables schema. Experience of 4+yrs in portfolio roll-up/treaty modelling domain. Sound knowledge of Microsoft Office; Proficiency in Excel, Access and SQL Customer focus/Client support: Excellent written communication in English, experience of directly interacting with end customer/client would be an advantage, able to handle rotational shifts (including late evening) Academic Qualifications: Graduate/ Postgraduate in Statistics/ Mathematics/ Economics/ Engineering; Strong analytical skills and attention to detail; knowledge of global reinsurance market, P&C; insurance terminology. Treaty modelling experience in reinsurance renewals business an added advantage Why Chubb Join Chubb to be part of a leading global insurance company! Our constant focus on employee experience along with a start-up-like culture empowers you to achieve impactful results. - Industry leader: Chubb is a world leader in the insurance industry, powered by underwriting and engineering excellence - A Great Place to work: Chubb India has been recognized as a Great Place to Work for the years 2023-2024 and 2024-2025 - Laser focus on excellence: At Chubb we pride ourselves on our culture of greatness where excellence is a mindset and a way of being. We constantly seek new and innovative ways to excel at work and deliver outstanding results - Start-Up Culture: Embracing the spirit of a start-up, our focus on speed and agility enables us to respond swiftly to market requirements,