Quantitative Risk Manager - Insurance - IIT/NIT/BITS

Quantitative Risk Manager

- A Master's Degree or equivalent in a quantitative discipline or a graduate in engineering from premier institutes is preferred

- Work within a multi-location team on model validation tasks for derivative and security products valuation and risk methodology, covering various asset classes which include fixed income, equity, credit derivatives, insurance-linked derivative, and commodities.

- Model review of market risk aggregation methodologies such as VaR, Stress and credit risk measurement.

- Model review of financial risk representation in insurance products is advantage.

- Model validation tasks require critical analysis of product and modelling technique, model testing (including independent implementation of the model), alternative model analysis and documentation of results and conclusions. Follow up on identified issues, ensure resolution or containment.

- Produce documentation summarising validation of the model in question according to the standards, quantify model risk