Job Information
AON Senior Modeler - Vulnerability in Bangalore, India
Job Title- IND Sr Consultant – Vulnerability
ARL- 6
Solution Line- WRSA
Position type- Full Time
Work Location- Bangalore, Whitefield
Working style- In Office (Hybrid)
Cab Facility- Yes
Shift Time - 12.30 PM to 9.30 PM
People Manager role: No
Required education and certifications critical for the role-
Master’s degree and preferably a PhD in Structural/Civil Engineering.
AON IS IN THE BUSINESS OF BETTER DECISIONS
At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.
As an organization, we are committed as one firm to our purpose, united through trust as one inclusive, diverse team and we are passionate about helping our colleagues and clients succeed.
INFORMATION ABOUT THE BUSINESS
Aon Reinsurance Solutions is the world’s leading reinsurance intermediary and full-service capital advisor. Reinsurance Solutions Analytics offers clients industry-leading Catastrophe Management, Impact Forecasting, Rating Agency Practice, Product Development and Research, Actuarial & ReMetrica support.
GENERAL DESCRIPTION OF ROLE:
The vulnerability modeler will be part of Impact Forecasting vulnerability team focused on the development of vulnerability solutions for atmospheric perils. The role responsibilities include, but are not limited to development, calibration and validation of wind vulnerability functions, detailed claims analysis etc.
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 inland 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.
This position requires a master’s degree and preferably a PhD in Structural/Civil Engineering.
Strong analytical and quantitative skills.
Solid knowledge of probability concepts and statistics
Excellent understanding and at least 2 years’ direct experience in vulnerability related to any peril.
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
SKILLS/COMPETENCIES REQUIRED :
Good programming skills, particularly Python, R, MATLAB or Fortran.
Ability to analyze and interpret data; Confident and self-driven individual; has Can-Do attitude; Ability to work in teams and do multi-tasking; ability to maintain good interpersonal relationships.
Excellent verbal and written communication skills.
HOW WE SUPPORT OUR COLLEAGUES
In addition to our comprehensive benefits package, we are proud to be an equal opportunity workforce. At Aon, we believe a diverse workforce is an innovative workforce. Our agile, inclusive environment allows colleagues to manage their wellbeing and work/life balance while empowering you to be your authentic self.
Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging them to take time to focus on themselves. We offer a variety of workstyle options through our Smart Working model, but we also recognize that flexibility goes beyond just the place of work... and we are all for it!
Our continuous learning culture inspires and equips colleagues to learn, share and grow, helping them achieve their fullest potential. As a result, Aon colleagues are more connected, more relevant and more valued.
2540103
Job Title- IND Sr Consultant – Vulnerability
ARL- 6
Solution Line- WRSA
Position type- Full Time
Work Location- Bangalore, Whitefield
Working style- In Office (Hybrid)
Cab Facility- Yes
Shift Time - 12.30 PM to 9.30 PM
People Manager role: No
Required education and certifications critical for the role-
Master’s degree and preferably a PhD in Structural/Civil Engineering.
AON IS IN THE BUSINESS OF BETTER DECISIONS
At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.
As an organization, we are committed as one firm to our purpose, united through trust as one inclusive, diverse team and we are passionate about helping our colleagues and clients succeed.
INFORMATION ABOUT THE BUSINESS
Aon Reinsurance Solutions is the world’s leading reinsurance intermediary and full-service capital advisor. Reinsurance Solutions Analytics offers clients industry-leading Catastrophe Management, Impact Forecasting, Rating Agency Practice, Product Development and Research, Actuarial & ReMetrica support.
GENERAL DESCRIPTION OF ROLE:
The vulnerability modeler will be part of Impact Forecasting vulnerability team focused on the development of vulnerability solutions for atmospheric perils. The role responsibilities include, but are not limited to development, calibration and validation of wind vulnerability functions, detailed claims analysis etc.
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 inland 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.
This position requires a master’s degree and preferably a PhD in Structural/Civil Engineering.
Strong analytical and quantitative skills.
Solid knowledge of probability concepts and statistics
Excellent understanding and at least 2 years’ direct experience in vulnerability related to any peril.
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
SKILLS/COMPETENCIES REQUIRED :
Good programming skills, particularly Python, R, MATLAB or Fortran.
Ability to analyze and interpret data; Confident and self-driven individual; has Can-Do attitude; Ability to work in teams and do multi-tasking; ability to maintain good interpersonal relationships.
Excellent verbal and written communication skills.
HOW WE SUPPORT OUR COLLEAGUES
In addition to our comprehensive benefits package, we are proud to be an equal opportunity workforce. At Aon, we believe a diverse workforce is an innovative workforce. Our agile, inclusive environment allows colleagues to manage their wellbeing and work/life balance while empowering you to be your authentic self.
Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging them to take time to focus on themselves. We offer a variety of workstyle options through our Smart Working model, but we also recognize that flexibility goes beyond just the place of work... and we are all for it!
Our continuous learning culture inspires and equips colleagues to learn, share and grow, helping them achieve their fullest potential. As a result, Aon colleagues are more connected, more relevant and more valued.