Summary
Overview
Work History
Education
Skills
Certification
Honors & Awards
Projects
Timeline
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Ashish Verma

Ashish Verma

Senior Manager- Catastrophe Modeling & Exposure Management
Bhiwadi

Summary

Dynamic and results-driven Senior Manager with over 14+ years of experience in catastrophe modeling, risk management, and data analysis within the insurance and reinsurance industries. Expertise in managing large-scale catastrophe risk models, guiding teams through complex data interpretation, and providing strategic insights for risk assessment and mitigation. Adept at leveraging cutting-edge technology to assess, model, and forecast natural and man-made disaster impacts, with a focus on developing actionable solutions for clients in the global insurance sector. Proven leadership in optimizing workflow, improving model accuracy, and driving cross-functional collaboration.

Overview

14
14
years of professional experience
7
7
years of post-secondary education
4
4
Certifications
2
2
Languages

Work History

Senior Manager- Exposure Management

Genpact India Pvt. Ltd
Gurugram
02.2019 - Current

• Lead and mentor a team of 45+ catastrophe modelers and analysts, overseeing the design, implementation, and optimization of advanced catastrophe models for assessing natural and man-made risks.
• Spearhead the development and enhancement of risk models using RMS and AIR software, ensuring the accuracy of loss forecasts for underwriting, pricing, and portfolio management.
• Collaborate with senior leadership, underwriters, and risk managers to translate modeling results into actionable strategies for portfolio diversification, pricing optimization, and capital allocation.
• Represent the company in high-level client meetings, providing expertise in risk analysis and presenting model-driven insights to facilitate client decision-making.
• Successfully managing multi-million-dollar projects with tight deadlines, delivering high-quality results and meeting stakeholder expectations consistently.
• Provided expert testimony on catastrophe models during regulatory filings and audits to onshore partners, ensuring compliance with Llyod's standards.

Lead Assistant Manager­ -Catastrophe Modeling

EXL (Inductis) India Business Pvt Ltd
Gurugram
06.2018 - 02.2019

Responsible for portfolio­level analysis & loss reports
Assess the data quality and make necessary assumptions for Modelling; analyze changes in exposure and the associated impact of cat model results.
Conversion of RMS Schema data to AIR format within the SQL data sets

Senior Risk Analyst

RMS­ Risk Management Solutions
Noida
07.2017 - 06.2018

Assess the data quality and make necessary assumptions for Modelling; analyze changes in exposure and the associated impact of cat model results
Documenting process assumptions and new updates. Reviewing of work (accounts/reports) done by analysts.
Performing Cat Modelling analysis for multiple clients using RMS(one),Risk Link, HD Analyzer, Risk Browser and providing them loss result, exposure Stratifications reports, Vector data Maps of losses and loss cost which includes Ground up, Gross, Return Period, Exceedance Probability etc.

Senior Risk Analyst­-II

Verisk Analytics dba AIR worldwide
Hyderabad
12.2016 - 06.2017

Managing workflow and ensure that deliverable are completed timely.Reviewing of work (accounts) done by analysts. Communicate with onshore team and client in case of any queries.Conducting sessions for team to cascade the new updates

Senior Process Specialist

XL India Business Services Pvt. Ltd
Gurugram
08.2013 - 11.2016

Undertake the processing of various pre and post binding risk Modelling task via usage of RMS CAT Modelling application with adherence to the set accuracy, efficiency and productivity goals. Training and mentoring the new hired resources, solving their day to day work related queries and other facilities related issue. Communicating with underwriters in case any ambiguity in policy condition and exposure. Quality Audit and Peers Review in order to delivered quality work. Taking sign off from Underwriter for higher rate change account and documenting the same. Creation of training documents like complex limit & deductible treatment (policy special condition), Modelling overview form etc

Customer Service Executive

Max Life Insurance Co. Ltd.
Gurugram
03.2012 - 08.2013

Handling customer queries/Complaint like fund value, surrender request, maturity claim, switching and re­direction, policy details etc. Responsible for changes in policy owner services like name change, D.O.B change, or contract change, Nominee change, etc. Coordination with different departments like Collection, Finance, it and underwriting for optimizing the TAT. Work allocation and work flow management.

Customer Service Coordinator

Agilent Technologies
Manesar, Gurugram
05.2011 - 03.2012

Was a part of order management, responsible for customer requests & taking the same to logical conclusion Was a part of order management, responsible for customer requests & taking the same to logical conclusion. Coordination with different departments like Collection, Warehouse for optimizing the TAT and to deliver best shipment. Teamed with supervisory staff in evaluating work status, addressing and resolving problems, and ensuring compliance with quality and quantity standards

Education

Postgraduate Diploma in Computer Applications - Computer Applications

Dronacharya College, Maharshi Dayanand University
Gurugram
07.2009 - 03.2011

Bachelor of Arts - Arts & Humanities- Geography  English (H)

KLP College, (Maharshi Dayanand University)
Rewari
07.2006 - 07.2009

Intermediate -

Kendriya Vidyalaya ­C.B.S.E
Rewari
04.2005 - 04.2006

Matriculation -

Hindu High School, H.B.S.E
Rewari
04.2003 - 04.2004

Skills

Catastrophe Risk Modeling & Assessment

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Certification

Green Belt Certification

Honors & Awards

Transformation Champ - Genpact- April 2022 - Most Impactful Ideas execution 


Pinnacle Award - Genpact - December 2021-  The prestigious Genpact annual performance awards of the Year.


Gold Award -Genpact - October 2021 -   Best Performer Q3,2021


Insurance Analytics Award- Genpact- August 2020 -  Best result output of the year in Insurance Analytics Vertical  


Silver Award - Genpact - November 2019 -  Best Performer Q3,2019


Pat on the back award - XL Catlin -August 2015 - For outstanding contribution in renewal periods


Service Excellence Award - Max Life Insurance - April 2013 - Recognized with yearly Service excellence award in 2013

  


Projects

Unified Tech Tool - April 2022- October 2022

Role- Project Lead & Designer and Supporting coder

Summary-   A one stop shop solution created to Automate multiple cleansing automations like special Character cleansing, Country code generator, Location Merging, coding of cope information's with multiple rules & guidelines across different line of Business. High reduction in manual errors with 1.5+ FTE savings.  


SQL Audit Tool - January 2021- March 2021

Role- Project Lead & Designer and coder

Summary-   A SQL script­ based audit tool performs 35+ audit checks which usually Analyst manually apply during Peer review. High Accuracy improvement along with 2+ FTE savings.


Automaton Scrubbing Template Data - January 2021- March 2021

Role- Project Lead & Designer 

Summary-  A VBA driven solution created to transfer data between various tabs/sheets of cleansing & modeling template. 


AIR Reference Guide - February 2020- March 2020

Role- Project Lead & Designer 

Summary -   Single Excel based sheet created for all coding related requirements like country code/state code list., valid cope by coutry, Value coverage identification, RMS to AIR and Vice-Versa coding sheet created for Occupancy, construction and Secondry Modifiers etc.  

Timeline

Data Green Belt Certification

09-2021

Green Belt Certification

06-2021

Data Lean Certification

06-2021

Lean Certification

09-2020

Senior Manager- Exposure Management

Genpact India Pvt. Ltd
02.2019 - Current

Lead Assistant Manager­ -Catastrophe Modeling

EXL (Inductis) India Business Pvt Ltd
06.2018 - 02.2019

Senior Risk Analyst

RMS­ Risk Management Solutions
07.2017 - 06.2018

Senior Risk Analyst­-II

Verisk Analytics dba AIR worldwide
12.2016 - 06.2017

Senior Process Specialist

XL India Business Services Pvt. Ltd
08.2013 - 11.2016

Customer Service Executive

Max Life Insurance Co. Ltd.
03.2012 - 08.2013

Customer Service Coordinator

Agilent Technologies
05.2011 - 03.2012

Postgraduate Diploma in Computer Applications - Computer Applications

Dronacharya College, Maharshi Dayanand University
07.2009 - 03.2011

Bachelor of Arts - Arts & Humanities- Geography  English (H)

KLP College, (Maharshi Dayanand University)
07.2006 - 07.2009

Intermediate -

Kendriya Vidyalaya ­C.B.S.E
04.2005 - 04.2006

Matriculation -

Hindu High School, H.B.S.E
04.2003 - 04.2004
Ashish VermaSenior Manager- Catastrophe Modeling & Exposure Management