Vp parametric weather natcat spec python NYC nyNYC, NY, USA Full time Vp parametric Python financial Job DescriptionVp parametric spec python NYC ny Experience level: Mid-senior Experience required: 5 Years Education level: Bachelor’s degree Job function: Information Technology Industry: Financial Services Compensation: View salary Total position: 1 Relocation assistance: NoJOB DESCRIPTION:This is a multifaceted role in a rapidly growing field, with an opportunity to contribute to business growth locally and globally.You will be an expert in parametric risk transfer products, with focus on parametric weather and nat-cat solutions.Parametric solutions are becoming an increasingly important risk management tool for our clients across all major industries, driven by several factors: climate change, increased weather volatility, hardening property market, and the need from client stakeholders to diversify their risk management toolbox.You will be preferably based in Marsh McLennan’s NYC global headquarters, or alternatively in another key US office location, and be part of the US Parametric Solutions team.The group drives and places innovative parametric risk transfer solutions for Marsh clients and is engaged with clients and colleagues globally.We are responsible for the entire chain of the risk transfer process, from identifying risk drivers, modeling, and structuring, to marketing, negotiation with insurers and documentation.RESPONSIBILITIES:Understand clients’ needs across various industries, develop targets, identify risks, and develop parametric solutionsGather and analyze clients’ financial data, as well as 3rd party parametric index dataWork with senior team members and use existing models to help design tailored solutionsDevelop material for client presentations, internal and external sales efforts, and colleague training on parametric solutions and trendsParticipate in meetings with clients and internal colleagues to discuss exposures and solutionsAdminister electronic data and file storage, as well as distribute documentation to clientsPrepare term sheets and quote summaries for clientsMaintain internal logs of live deals, placement process, as well as market and client contactsReview insurance policies and financial contracts, and identify potential pitfalls and improvementsPerform loss calculations for existing client contractsQUALIFICATIONS:Bachelor’s degree in a technical field; masters or math/science degree preferred5-10 years of experience, preferably working in the re/insurance industry as a broker or underwriterExperience with parametric solutions or a closely related field, with technical backgroundClient-centric empathy and drive to bring better understanding of weather and natural disaster risk to less technical audiencesCuriosity and eagerness to constantly learn and apply new solutions. Ability to face and troubleshoot difficult and complex problemsCan work independently with minimal supervision with ability to manage projects/processesAbility to influence others within and outside of the job function regarding approach and proceduresAbility to develop strong internal/external client-oriented solutionsSuperior detail orientation, excellent communication, interpersonal, and time management skillsStrong teamwork skills, hard working with a constant positive attitudeStrong Microsoft Office skills, especially Excel (including VBA)Bonus skills: programing (R, Python), experience with GIS data and nat-cat modelingADDITIONAL QUALIFICATIONS:ABOUT: the world’s leading professional services firm in the areas of risk, strategy, and people. The Company’s 76,000 colleagues advise clients in 130 countries. With annual revenue over $17 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. delivers advice and technology-driven solutions that help organizations redefine the world of work, reshape retirement and investment outcomes, and unlock health and wellbeing for a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients.1.) Please elaborate candidate's experience with GIS data and nat-cat modeling2.) Please elaborate candidate's experience in programing (R, Python)3.) Does the candidate has 5-10 years of experience, preferably working in the re/insurance industry as a broker or underwriter4.) Please elaborate candidate's experience with parametric solutions field, with technical background5.) Please provide the link to candidate’s LinkedIn profile:6.) What is the candidate’s work authorization status?7.) What is the candidate’s highest level of education?8.) Has the candidate appl
Location: New York, NY
Posted: Nov. 8, 2024, 6:48 a.m.
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