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FS-Risk Consulting- Actuarial_P&C-Senior

FS-Risk Consulting- Actuarial_P&C-Senior

3 - 8 years

17 - 22 Lacs

noida

Posted:1 week ago| Platform:

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Skills Required

python sas spss sql r risk management actuarial subject matter expertise data preparation alteryx report writing factor analysis vba predictive modeling statistical modeling general insurance market assessment risk analytics statistics

Work Mode

Work from Office

Job Type

Full Time

Job Description

Your key responsibilities
As a Senior within the Actuarial team your role involves developing and implementing solutions both within the Insurance service line and in collaboration with other services lines. On engagements, you will

Be responsible for providing high quality results and generating effective solutions working along with Senior Consultants, Managers or Senior Managers in delivering the project

Provide focused solutions and training to Staff members

Be responsible for ensuring all engagement are delivered within time

Deliver engagements in line with our values and commitment to quality and ensuring that work is of high standards

Establish/manage priorities, communicate the status of activities, and accumulate/report all chargeable hours

Within the actuarial practice you will

Actuarial liability estimation for general insurance lines of business which involves data preparation, data loading to tools, analysis of liabilities and presenting results

Analyze the historical claims data and identify potential issues and trends and report the findings

Perform valuation of reserves through IBNR models using the data supplied for estimation

Working knowledge of different loss projection methods and their applications along with the familiarity of different property and casualty lines of business

Review data, methodologies, assumptions, results and benchmark against the market

Assessment of technical provisions and standard formula/ other capital calculations

Large loss analysis, rating factor analysis and CAT benchmarking

Perform ad-hoc research and development requests as required

Preparations of report/memo sent to stakeholders showing results of the analysis

Maintain strong focus in finishing Actuarial exams along with developing a strong subject matter expertise

Risk analytics including development of analytical tools, analysis of insurance risk and general support for any risk analytics in the company

Knowledge of ARIUS, Alteryx, IGLOO, ResQ or other reserving software are good to have, but not must criteria

Stay informed of current business/economic developments relevant to the industry/ geography

We are looking for individuals who have a proactive attitude and are seeking the opportunity for personal and professional growth, leveraging and supporting our global network.

Skills and attributes for success

Skills and attributes for a successful career at EY require a learning mindset and passion to add value to GDS, member firms and client organizations. Bright and enthusiastic individuals who give their all to each assignment they work on will find themselves at home within our energetic GDS actuarial team.

To qualify for the role, you must have

3+ years experience in the General Insurance industry, either within a consulting firm or an Insurer or an organisation providing Insurance services (such as reserving, capital modelling, pricing, rate filling, CAT modelling, IFRS17, technical provision, solvency II and risk management)

Ability to multi-task and flexible work attitude packed with good analytical skills

Experience of handling a small team will be an advantage

Proficiency in MS-Office Suite, VBA, SAS, R Programming, Python, SQL, SPSS, etc., will be a plus

Good exam progress

Ideally, youll also have

Strong academic background with a bachelors degree with an emphasis in actuarial science, mathematics, statistics or finance related supplemented ideally with a professional qualification

Strong written and verbal communication skills for report writing, industry studies and stakeholder presentations

Overseas exposure (US, UK market experience)

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FS-Risk Consulting- Actuarial_P&C-Senior