Trainee Associate

Job Summary

Processes and analyzes natural catastrophe risk information for insurance and reinsurance underwriting and portfolio risk assessment. Supports the business to access information, develop portfolio exposure models and create analysis procedures. Prepares analyses for Realistic Disaster Scenarios, Risk Aggregation and other risk measurement requirements.

Responsibilities

• Processes and analyzes natural catastrophe risk information for insurance and reinsurance underwriting and portfolio risk assessment. Supports the business to access information, develop portfolio exposure models and create analysis procedures. Prepares analyses for Realistic Disaster Scenarios, Risk Aggregation and other risk measurement requirements. Entry: Applies broad theoretical sub-function knowledge typically obtained through advanced education. Work is closely supervised. May require the following proficiencies: Facing function related problems that are not typically difficult or complex. Explaining facts, policies and practices related to job area. Grows capabilities and skillsets in within Function. Works to add technical value within sub-function which has some impact on the overall achievement of results for the function. Work is of limited scope, typically on smaller, less complex projects or task-related activities. Work is closely supervised. Responsible for making minor changes in relevant systems and processes to solve problems. Identifies, defines and addresses process, system, or product problems that are not immediately evident but typically not complex. Problems are typically within the immediate function area. Problems are typically solved through drawing from prior experiences or standard procedures and basic analysis.

Qualifications

• University Degree and 0-1 year prior relevant experience, or equivalent experience.

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