FS-Risk Consulting- Actuarial_P&C -Staff

3 - 8 years

7 - 8 Lacs

noida

Posted:5 days ago| Platform:

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Skills Required

health insurance automation claims consulting actuarial spss risk management ifrs financial services sql

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

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