Analyst-CAT Modelling
Pune, MH, IN, 411014
130 years of trust, time to shape what's next. Allianz Group is one of the world's leading insurers and asset managers - built on over a century of stability, expertise, and financial strength. Allianz Services is where that legacy meets the future. 8,200+ people. Eight countries. Three continents. We deliver specialized services to clients within Allianz Group, powered by AI, advanced analytics, and a mindset that refuses to stand still. From core insurance operations to engineering and consulting services, we reimagine how insurance works. What truly sets us apart are our people and the trusted partnerships we build, anchored in our values of expertise, integrity, and empowerment. We don't support the business. We shape it.
Analyst – CAT Modelling
Organisation: Allianz Services
Location: EON IT Park, Kharadi, Pune
Qualification: Graduate
Overall Objective :
The Analyst - CAT Modelling will support Underwriting and Risk Management teams by enhancing the organization's catastrophe risk assessment and management capabilities. The role involves analyzing natural catastrophe exposures, supporting risk modelling activities, validating catastrophe losses, and providing insights that contribute to informed underwriting decisions.
Experience Requirement:
- Support and manage the identification, assessment, validation, and reporting of Natural Catastrophe (NATCAT) losses.
- Perform catastrophe modelling and exposure analysis using industry-standard tools and methodologies.
- Conduct risk assessments and provide actionable insights to underwriting teams.
- Assist in the maintenance and improvement of risk management frameworks and processes.
- Work closely with Underwriters, Account Technicians, and other key stakeholders to ensure effective implementation of risk and control assessment processes.
- Develop an in-depth understanding of assigned business processes and associated risks.
- Share expertise and best practices with process owners and underwriting teams.
- Contribute to process improvements and knowledge-sharing initiatives across the team.
- Perform Data Scribing and Statement of Values (SOV) cleansing activities.
- Ensure data quality, accuracy, and completeness for CAT modelling purposes.
- Prepare reports, presentations, and analyses to support business decision making.Required Skills & Experience:
- Strong understanding of Property & Casualty (P&C) Insurance and its role in serving policyholders.
- Knowledge of Statement of Values (SOV) and its impact on the underwriting process.
- Exposure to underwriting communication and stakeholder interactions.
- Knowledge of risk assessment methodologies and catastrophe risk modelling principles.
- Proficiency in Microsoft Excel, including formulas and data analysis techniques.
- Experience with CAT Modelling platforms such as: RMS, NATHAN.
- Experience in Data Scribing and SOV Cleansing.
- Understanding of key insurance processes, including underwriting, claims, actuarial, finance, or other related functions.
Disclaimer: At Allianz Services, we believe in fostering an inclusive workplace and in giving fair and equitable opportunities to all our employees, so everyone can succeed. We, the Allianz Services India community, welcome applications from all regardless of gender identity and/or expression, sexual orientation, race or ethnicity, age, nationality, religion, disability, or philosophy of life.
108688 | Operations | Professional | Non-Executive | Allianz Services | Full-Time | Permanent
Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.
At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.
Join us. Let's care for tomorrow.
