Actuarial Manager

Academic Requirement - Graduate / Post Graduate degree in Mathematics, Computer Science, Economics or Statistics, Strong progress in Actuarial Exams, Should have completed atleast 5 Actuarial papers

Experience: Minimum 3 years of General Insurance experience in an actuarial or analytics role preferably in Motor LOB

Competencies

• Analytical Skills

  : Strong mathematical and statistical abilities to perform
• complex calculations and analyze data effectively.

• Communication Skills

  : Exceptional ability to explain complex actuarial
• concepts to non-actuarial stakeholders and lead a team effectively.

• Technical Proficiency

  : Familiarity with actuarial software (e.g. ResQ, Emblem) and programming languages (e.g., SQL, Python, SAS) for data analysis and predictive modeling

Primary Responsibilities-

• Monitoring of KPIs in Motor LOB
• Drive implementation of IFRS 17 and RBC frameworks
• Leverage internal and industry data to create predictive models that can be used for portfolio pricing and monitoring
• Prepare supporting material for valuation submission
• Collaborate with key internal stakeholders like, finance, retail and underwriting, to develop strategies to mitigate risk
• Hands on with Motor LOB & Predictive modeling
• Conduct independent research and present data findings as assigned
• Prepare and present reports on findings and recommendations to senior management/ stakeholders.
• Involve in product development and product pricing ensuring they are competitive and profitable
• Ensure compliance with regulatory requirements and stay updated on industry trends and developments.
• Prepare documentation for rate reviews, pricing models, and regulatory filings