Job: Analyst (Model Development)

RMS India

Consulting

NOIDA, Uttar Pradesh, India

Junior Management

Not Specified

Not Specified

The Model Development group of RMS focuses on developing industry leading stochastic catastrophe models for the quantification and management of catastrophe risk. From regional based earthquake and hurricane models to terrorism risk models, RMS is recognized as the largest developer of catastrophe models in the risk market.

Objective of the Analyst Position:

Responsibilities will include working with colleagues in both India and the U.S. on the development of exposure and valuation (building, contents and business interruption) models for the U.S. and international countries; assisting with research related to enhancement and expansion of said models; reviewing and interpretation of available data for benchmarking and trending; and act as an internal subject matter expert for exposure models, fielding internal questions and acting as a point of escalation for customer issues.

Key Accountabilities & Deliverables:

• Identify, plan and execute continuous improvements in existing and future exposure models
• Participate in reoccurring evaluations of vendors and data sets in order to determine their suitability for use in model development
• Synthesize and develop more creative and efficient developmental approaches for new models
• Prepare concise to detailed documentation/presentation to share with both internal and client audiences
• Support various other model development projects (such as collaborations with client development, and client driven projects) with ad-hoc analysis and reports

Qualifications & Experience:

• Degree in Engineering, Mathematics or equivalent from a leading university with a strong grounding in mathematical and statistical analysis
• Experience in accessing and interpreting data and technical publications from various sources
• Ability to write for technical and non-technical audience and to interact effectively with members of analysis team and plan, conduct and disseminate results of research
• Programming knowledge, preferably in both statistical and scientific languages (R, Matlab) and data manipulation tools (SQL, Microsoft Office); VBA and VB.Net is an added advantage as are a working knowledge of GIS tools (MapInfo, ArcInfo)

Successful Candidates:

• Are detail oriented
• Have an ability to learn quickly
• Possess strong analytical organizational and problem solving skills
• Have excellent written and verbal skills
• Have a solid to high proficiency in database programming and database architecture
• Are team players with a high-degree of self-motivation

Skills:

Professional

• Knowledge of Insurance and/or Property industry desirable
• Client Focused and Solutions Driven approach
• Results & Action Oriented

Interpersonal

• Strong written and oral communication
• Ability to make work and make decisions independently
• Teamwork & Collaboration in a multi-cultural, multi-time zone environment

Leadership

• Coaching and Mentoring
• Building and Developing a Team
• Strategic Agility

Founded in 1989, as a spin-off of research done at Stanford University, RMS (Risk Management Solutions, Inc.) has today become the world leader in catastrophe risk modeling. From earthquakes, hurricanes, and floods to terrorism, longevity and infectious diseases, their models provide critical risk management solutions to financial institutions around the world. Based in Silicon Valley and with offices throughout North America, Europe and Asia, their team of more than 950 professionals is larger than before and still as ambitious and innovative as ever. Whether quantifying risks due to climate change, simulating how medical breakthroughs could extend life expectancy, delivering supercomputing in the cloud, or transforming an industry with our next generation technology platform, their passion is innovation driven by the courage to tackle problems others reject as unsolvable. Their ultimate goal is to create a more sustainable and resilient world through a better understanding of catastrophic events.

For more information about the company, visit www.rms.com.

Check the following link to apply for this position:

http://www.rms.com/careers/jobs/job.asp?req=12257&title=Analyst

RMS India, Analyst, Model Development, Risk Management, Exposure Models, Valuation Models, GIS, Engineering, Mathematics