Looking for a job

Dev Markandey

@devmarkandey

Founder of UnderwriteAI building COPEscoreAI, a live-beta AI submission intelligence platform for property underwriters.

India

Message

At UnderwriteAI, I’m building an AI-native product family for commercial property underwriting. COPEscoreAI is live in beta: an AI-powered submission intelligence platform built to Lloyd's MRC and ISO standards, using a two-stage agentic pipeline for extraction and domain-specific scoring.

At AXA Insurance Gulf, I headed regional Property & Engineering underwriting and development, with accountability for the book across UAE, Oman, Qatar, and Bahrain. I held the region’s second-highest underwriting authority for Property & Engineering and made complex decisions on acceptance, pricing, wordings, and reinsurance.

As Head of Pricing at RSA Insurance Oman, I led pricing strategy for a $60M+ portfolio and developed GLM-based pricing models. Earlier, at AXA Business Services, I built pricing models and BI solutions, including GLM modelling in Emblem for AXA UK personal motor.

Experience

Work history, roles, and key accomplishments

Current

Founder & Principal Consultant

Current

UnderwriteAI

Jul 2025 - Present (1 year 2 months)

Building an AI-native product family for commercial property underwriters, anchored in a proprietary 8-layer framework mapping the underwriting decision pipeline. Launched COPEscoreAI, an AI-powered submission intelligence platform for property underwriters.

AI Python Agentic AI Gemini Flash Claude Sonnet Product Development Underwriting Pricing

Current

Quantitative Derivatives Trader

Current

Self-Employed

Apr 2022 - Present (4 years 5 months)

Developed and deployed systematic futures and options trading strategies using statistical modeling, rigorous backtesting, and AI-assisted research workflows. Built Python-based algorithmic trading, execution, and portfolio analytics systems.

Python Algorithmic Trading Statistical Modeling Backtesting AI Risk Management

Regional Head of Property & Engg Underwriting & Development

AXA Insurance Gulf

May 2018 - Apr 2022 (3 years 11 months)

Headed underwriting and development for the regional Property & Engineering book, reporting to the Chief Commercial P&C Officer. Managed regional portfolio across UAE, Oman, Qatar, and Bahrain with accountability for profitability, governance, and growth.

Underwriting Reinsurance Portfolio Management Pricing Risk Engineering Business Development Parametric Insurance Leadership

Head of Pricing (Pricing Actuary)

RSA Insurance Oman

Feb 2017 - May 2018 (1 year 3 months)

Led pricing strategy for a $60M+ portfolio across Commercial and Personal lines, driving pricing adequacy and profitability. Developed and deployed GLM-based pricing models and market-responsive pricing strategies.

Pricing GLM Actuarial Portfolio Management Data Analysis Strategy

Actuarial Manager

AXA Business Services

Mar 2013 - Jan 2017 (3 years 10 months)

Worked for AXA Group Actuarial task force solving actuarial problems, leading a team of four. Leveraged technical expertise in actuarial pricing, data mining, and predictive analytics to build models and BI solutions.

Actuarial GLM Emblem Data Mining Predictive Analytics BIツール Project Management

Senior Analyst – Insurance

Fractal Analytics

Apr 2012 - Mar 2013 (11 months)

Delivered advanced analytics and underwriting insights to support pricing and risk decisions. Built segmentation models for aviation insurance, improving underwriting effectiveness.

Analytics Segmentation Underwriting Data Harmonization Insurance

Co-Founder

Analytics-Venture

Jan 2010 - Dec 2011 (1 year 11 months)

Co-founded an analytics venture in Stuttgart, Germany, focusing on data-driven solutions.

Reinsurance Pricing (Cat Modeling Analyst)

Flagstone Reinsurance

Jul 2008 - Jul 2010 (2 years)

Performed property CAT XoL treaty portfolio modeling using vendor CAT models RMS and AIR. Priced reinsurance treaties and assisted CAT management by developing risk reports and modeling techniques.

CAT Modeling RMS AIR Reinsurance SQL Risk Analysis

Education

Degrees, certifications, and relevant coursework

Indian Institute of Technology Bombay

Bachelor of Technology, Metallurgical Engineering and Material Science

2004 - 2008

Grade: 7.28/10

Bachelor of Technology in Metallurgical Engineering and Material Science from IIT Bombay, with a CGPA of 7.28/10 and a perfect score on the B.Tech thesis.