Senior Catastrophe Risk Analyst - Singapore - CHUBB ASIA PACIFIC PTE. LTD.

CHUBB ASIA PACIFIC PTE. LTD.

Verified Company

Singapore

1 week ago

Posted by:

Wei Jie

beBee Recruiter

Description

Purpose:

Chubb is looking for an experienced Catastrophe Risk Analyst to become part of Chubb APAC CAT management team.

The selected individual will work on all aspects of Catastrophe risk analytics to support Chubb Commercial and Consumer P&C business across APAC markets.

The primary purpose of this position is to support the underwriters and product line managers in managing natural catastrophe risk for product lines exposed to property CAT by producing, validating and analyzing catastrophe model results for individual policies and portfolio risk analysis.

Responsibilities:

Take ownership of quarterly portfolio aggregation responsibilities for assigned product line(s).
Work on projects relating to developing a regional position on modelled and nonmodelled natural perils suite including flood, coastal hazards, bushfire, tropical cyclone, earthquake, storm and hail and others.
Support Pre and Post Cat event analytics and processes within the region and present the findings to key members of Underwriting, Actuarial and Global CAT functions.
Participate in development of new tools to streamline the catastrophe modelling process and building out smarter CAT analytics.
Deliver exposure and natural catastrophe analytics for Ceded reinsurance transactions to internal business stakeholders, brokers using vendor models and internally developed tools.
Collaborate with Pricing actuaries in studies relating to improvement of CAT pricing and modelling parameters and to evaluate the profitability of various segments of business.
Participate in training workshops for underwriters and CAT staff.
Foster strong collaboration with Product line managers, Overseas general and Corporate CAT teams, Pricing actuaries, Risk Engineering, IT etc.
Ensure Asia-Pacific region is well represented within the global nat Cat community through regular participation in various internal forums.
Quantify and translate the functionality of the peril models to business stakeholders including their strengths/weaknesses, data quality considerations and how it impacts the modelled loss estimates.
Contribute to regulatory reporting as needed from time to time. Develop in depth understanding of regional and local regulatory reporting requirements on NAT CAT matters.
All other miscellaneous responsibilities as required by management

Requirements:

Advance educational background in a relevant Natural Sciences (Seismology, Climatology, Hydrology, Geography, etc.) or Quantitative disciplines are preferred.
In addition to advance CAT models operating skills, excellent knowledge and prior experience in assessing natural catastrophe model strengths, limitations, calibration and customization would be key.
Insurance industry credentials such as ANZIIF, CII, CPCU, RMS-CCRA, AIR-CCM would be an added advantage.
Highly numerate and logical strong mathematical/ statistical knowledge would be an added advantage.
Ability to manipulate large data sets with strong Excel and SQL skills. Familiarity with programming languages such as VBA,.NET, R, Python would be a strong advantage.
Familiarity with mapping software such as QGIS/ArcGIS would be an advantage.
Excellent business communication skills ability to influence, negotiate, and listen to external parties and members of the Cat Team.
Very accurate, reliable and independent working attitude. Ready to cope with workload peaks, and still able to prioritize. Always show "Can do spirit" and strong team collaboration. Possess a solution oriented with a commercial mindset.
Excellent user skills in MS office suite tools such as excel, power point and word etc.
Oral and written fluency in English is mandatory. Verbal knowledge of an Asian language would be an added advantage.