FS - Risk Consulting - Actuarial_P&C - Senior

3 - 8 years

30 - 35 Lacs

Posted:1 week ago| Platform: Naukri logo

Apply

Work Mode

Work from Office

Job Type

Full Time

Job Description

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, you ll also have

  • Strong academic background with a bachelor s 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)

  • Deep knowledge and experience of the insurance industry and/or consulting. Relevant recent big 4 experience in leading actuarial engagement with recognized insurers will be an advantage. This ideally should be complemented by employment experience within the Insurance sector either at an insurer, intermediary or regulator
  • Up to date knowledge of the regulatory environment impacting insurers and other financial service organizations
  • Experience of supporting teams to high quality timely delivery, actively building relationships and promoting a collaborative culture when working with colleagues

Mock Interview

Practice Video Interview with JobPe AI

Start Job-Specific Interview
cta

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

Job Application AI Bot

Job Application AI Bot

Apply to 20+ Portals in one click

Download Now

Download the Mobile App

Instantly access job listings, apply easily, and track applications.

coding practice

Enhance Your Skills

Practice coding challenges to boost your skills

Start Practicing Now
EY logo
EY

Professional Services

London

RecommendedJobs for You