Risk Modeling Analyst

Role Summary:
HDFC ERGO is seeking a skilled and analytical Risk Modeling Analyst to join our dynamic team. The ideal candidate will be responsible for developing, validating, and implementing risk models to support strategic decision-making, regulatory compliance, and business growth within the general insurance sector. This role requires a strong understanding of statistical modeling, financial risk, and the Indian insurance market.

Key Responsibilities:
- Develop and maintain sophisticated risk models (e.g., credit risk, market risk, operational risk, insurance risk) using statistical software and programming languages.
- Validate existing risk models to ensure accuracy, robustness, and compliance with regulatory requirements (e.g., IRDAI guidelines).
- Perform data analysis, segmentation, and interpretation to identify key risk drivers and trends.
- Collaborate with business units to understand their risk appetite and provide data-driven insights for product development, pricing, and portfolio management.
- Monitor model performance and implement necessary adjustments or enhancements.
- Prepare comprehensive reports and presentations on model findings and recommendations for senior management and regulatory bodies.
- Stay abreast of industry best practices, emerging risks, and regulatory changes in the Indian insurance landscape.