Associate Actuarial Consultant

3 - 8 years

15 - 18 Lacs

Posted:3 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

The team has now embarked on the next growth phase entailing new opportunities identification and converting proof of concepts into new engagement support services

Key Responsibilities

  • The resource would be a key member of the Actuarial Services team and would work in close collaboration with teams
  • Manage process/project with minimal support from senior team members
  • Support the delivery of pricing and portfolio management solutions, across multiple portfolios through data analysis and modeling
  • Building and maintaining robust pricing models and implementing pricing strategies that increase value to our partners by optimizing business performance in line with business objective
  • Seeking and identifying opportunities to improve model performance through new data items or analytical techniques
  • Developing robust data sets to ensure data adequacy and accuracy
  • Coordinate with multiple support partners like IT, TA, Audit, Risk, L&D for smooth and compliant function while catering to teams growth, Knowledge/Competency building

Capability and Knowledge

  • Proven experience and deep technical understanding of insurance pricing modeling techniques (GLMs or machine learning techniques)
  • Excellent understanding of Actuarial & Statistical techniques
  • Proven skills in following software packages
    • Non-life Actuarial software such as Emblem, Radar or similar
    • Coding language (R, Python, SAS, SQL, VBA)
    • Advanced Excel
  • Knowledge of Non-life insurance products and awareness of recent industry developments in Non-Life Actuarial domain
  • Ability to manage multiple projects and stakeholders
  • Proven track record of communicating complex issues to business management.

Specific position related experience

  • Member of Actuarial Society (India/UK/SOA) with at least 5 Actuarial exams

  • 3+ years of work experience in Non-Life Insurance in Actuarial domain

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