Trainee Analyst - Underwriting (2019 Batch)

Xceedance

Jobs For Freshers

Financial Rewards Paid-Fixed-Range- 323000 - 374000 Annually

Gurugram

Functional Area - Work Type Analytics - Data Mining & Management + 1

Organisation Profile

Industry

Analytics

Organisation Size

Mid Size

HQ Location

Gurugram, India

Organisation Profile

Xceedance

Xceedance is a pioneering company and a strategic partner for transformation in the insurance industry. We’re a global provider of insurance analytics and consulting services to property/casualty insurers, reinsurers, brokers, managing general agents and program administrators. With offices in India, the United States, United Kingdom, Poland and Bermuda serving a diverse community of clients, Xceedance partners with insurers to launch new products, drive operations, implement cutting-edge technology, and deliver advanced analytics capabilities and process optimization. Our company deploys teams of experienced insurance professionals to help insurers worldwide enhance policyholder service, enter new markets, boost workflow productivity and improve profitability.

Position Type

Jobs For Freshers

Functional Area

Analytics

Position Duration

Workplace Type

Work from Office

Time Commitment

Full Time

Work Hours

9 Hours per Day(s)

Location of Work

Gurugram (15)

Work Type

Data Mining & Management, Financial Analysis & Projects
Position Summary

The Underwriting team provides support to world’s leading Insurers, Reinsurers, MGAs and Insurance Brokers. We align our goals to the client’s goals, adding value through domain expertise and flexibility. This frees up capacity of our clients for them to focus on their core work like business de
Job Role
Job Responsibilities

The team helps in reviewing, analyzing and compiling loss and exposure data required by the actuaries
and underwriters for pricing accounts. Job responsibilities include:
- Submission data is thoroughly reviewed and relevant information extracted
- Projected and historical exposures related to different LOB's are entered in a standard template
- Losses across different coverages are compiled and aggregated
- Data is compared and analyzed across years (for consistency and reasonableness)
- Data concerns like missing of files or incomplete data is highlighted to the actuaries and underwriters
- Findings and assumptions are summarized

Position Financial Rewards

Paid-Fixed-Range 323000 - 374000 Annually

a) Graduates - 3.23 Lacs / Annum - 275000 (Fixed)+ 27500(Performance Bonus) + 21116 (Benefits) b) Post Graduates - 3.74 Lacs/ Annum- 320000 (Fixed)+ 32000(Performance Bonus)+ 22117 (Benefits)

Other Academic Criteria

(Preferably in Mathematics, Statistics or Economics)
Skill Requirement

Communication
Good communication and analytical skills
Others - MS Office
The candidate Should be proficient in MS Office.
Gender

Any
Candidate Current Location

Location of Position Only
Diversity Preference

Encourage applications from Candidates with prior Experience

Work Start Date

Immediate

Apply By

15/03/2019

Subjective Questions

Q 1 Are you available to join the Jobs For Freshers Position on the specified date. If not please advise your availability ?