4 Ibnr Jobs

Role Overview: You will be assisting on regular quarterly valuations/reserve calculations and accurately completing already defined modelling processes, including implementation of modelling assumptions, performing model runs, validations of results, and delivering them to the reporting actuaries/line owners. Additionally, you will perform user acceptance testing for various system and model changes for the actuarial production team and ensure that team deliverables are met as per pre-approved timelines. Your responsibilities will also include performing required calculations and analysis on IBNR, Profit Commission, STAT zeroization, and other such activities/requirements. Furthermore, you will apply technical knowledge and process skills to tackle problems, develop solutions, question existing processes, and suggest enhancements to improve efficiency and controls in processes. Interaction with auditors as/when required and assisting on special projects carried out to meet specific objectives will also be part of your role. Key Responsibilities: - Assist on regular quarterly valuations/reserve calculations - Accurately complete modelling processes including implementation of assumptions, model runs, validations, and delivery to reporting actuaries/line owners - Perform user acceptance testing for system and model changes - Perform calculations and analysis on IBNR, Profit Commission, STAT zeroization, and other activities - Ensure team deliverables are met as per pre-approved timelines - Validate and analyze to ensure accuracy of produced numbers and maintain audit trails - Apply technical knowledge to investigate data/modelling issues and reconcile reports/numbers - Question existing processes and suggest enhancements for efficiency and controls - Interact with auditors as needed - Assist on special projects to meet specific objectives Qualifications Required: - 0-3 years of experience in Actuarial or Operational tasks - Progress on actuarial examinations - Graduate or above in Actuarial Science/Mathematics/Statistics - Ability to work accurately and deliver in a timely manner - Interpret business specs and ask clarifying questions - Strong data organization and analysis skills - Keep team tasks on track and highlight issues in a timely manner - Excellent oral and written communication skills - Exposure to insurance or reinsurance actuarial processes is an advantage About Swiss Re: Swiss Re is one of the world's leading providers of reinsurance, insurance, and other forms of insurance-based risk transfer. They work to make the world more resilient by anticipating and managing a wide variety of risks, from natural catastrophes and climate change to cybercrime. With more than 14,000 employees worldwide, Swiss Re combines experience with creative thinking and cutting-edge expertise to create new opportunities and solutions for their clients.,

As an ideal candidate for this position, you must hold a B.Com degree, with a preference for a Master's Degree in Accounting, CA, CPA or CFA. You should have at least 4 years of relevant work experience and be open to working in shifts as per US/UK timings at the Noida location. Your responsibilities will include handling journal entries, preparing financial reports, and possessing intercompany experience. You will be required to create effective financial statement schedules, audit support schedules, and other reports. Additionally, you must review reconciliations and financial statements, investigate issues, and manage projects. Insurance accounting knowledge is essential for this role. You should be able to contribute value by working on various activities in statutory/GAAP accounting close cycles and deliver results efficiently. Documenting internal controls, performing general ledger reconciliations, identifying and resolving issues are part of your responsibilities. It is crucial to understand how data flows through financial systems to the accounting function to address any arising issues. Your role-specific skills should include experience in Oracle, SAP, or Blackline, along with knowledge of monthly, quarterly, and annual book close cycles. A deep understanding of Expense Accounting, Fixed Assets, DAC, IBNR, and related topics is required. In terms of technical and soft skills, you are expected to have advanced proficiency in MS Office and extensive knowledge of US insurance and Insurance Finance. Your ability to collaborate with the team, suggest improvements, and actively engage in department projects and continuous improvement activities will be highly valued in this role. Sharing expertise with colleagues to achieve common goals is also essential for success.,

JOB DESCRIPTION COMPANY NAME Ernst & Young Actuarial Services LLP ROLE/PRIMARY (KRAs) The Incumbent will be responsible for executing projects in the Actuarial space We are looking for Actuaries with varying experience in the Indian/ Global insurance market. The job grade of the successful candidates for this role will depend on their respective qualities and experience. The typical responsibilities of the role include Play a proactive role within a multi-disciplinary EY team in supporting the various client engagements which may span across Reserving, Product development and pricing Statutory reporting, Solvency assessment, Ifrs17 implementation Business planning. Build appropriate Excel model for the above-mentioned projects allowing for client product features and relevant regulations. Lend support on strands of research and Specialisms work (e.g. solvency II updates, ifrs17) work aimed at providing key insights to help our clients / consultants Develop cutting edge proposals for winning new and different clients /engagements Work closely with the team to develop consistent standards and best practice. Sharing knowledge in a timely and effective way by submitting regularly to the knowledge database Contribute to wider opportunities within EY and to raising its profile externally e.g. taking an active role in writing articles for The Actuary Which Essential & Desirable skills are required? Essential Technical Skills : Develop and maintain deep technical knowledge in Excel modelling skills Present internally and externally on areas of technical specialist knowledge Develop reports and presentations for the client Good technical understanding of at least one of the following areas Reserving techniques Pricing and product filing Business planning and capital modeling IFRS 17 implementation People Skills: Proven communication and interpersonal skills, including the ability to put across complex technical issues and solutions to non-actuaries. Good team player Behavioral: Proven ability to balance priorities and manage many competing demands to agreed deadlines and to the required level of quality. Ability to give/receive constructive feedback Self-motivated, uses own initiative and is outcome-focused. Dealing constructively with uncertainty and ambiguity. Desirable Good working knowledge of the relevant actuarial concepts and methodologies Working knowledge of tools like R, Python, SAS, SQL etc. Knowledge of the latest accounting standard (IFRS17) which is being implemented across various geographies across the world. Confidence in speaking and expressing views through a variety of platforms like publications (internal/external), seminars etc. Role & responsibilities Preferred candidate profile

Ernst & Young Actuarial Services LLP ROLE/PRIMARY (KRAs) The Incumbent will be responsible for executing projects in the Actuarial space We are looking for Actuaries with varying experience in the Indian/ Global insurance market. The job grade of the successful candidates for this role will depend on their respective qualities and experience. The typical responsibilities of the role include Play a proactive role within a multi-disciplinary EY team in supporting the various client engagements which may span across Reserving, Product development and pricing Statutory reporting, Solvency assessment, Ifrs17 implementation Business planning. Build appropriate Excel model for the above-mentioned projects allowing for client product features and relevant regulations. Lend support on strands of research and Specialisms work (e.g. solvency II updates, ifrs17) work aimed at providing key insights to help our clients / consultants Develop cutting edge proposals for winning new and different clients /engagements Work closely with the team to develop consistent standards and best practice. Sharing knowledge in a timely and effective way by submitting regularly to the knowledge database Contribute to wider opportunities within EY and to raising its profile externally e.g. taking an active role in writing articles for The Actuary Which Essential & Desirable skills are required? Essential Technical Skills : Develop and maintain deep technical knowledge in Excel modelling skills Present internally and externally on areas of technical specialist knowledge Develop reports and presentations for the client Good technical understanding of at least one of the following areas Reserving techniques Pricing and product filing Business planning and capital modeling IFRS 17 implementation People Skills: Proven communication and interpersonal skills, including the ability to put across complex technical issues and solutions to non-actuaries. Good team player Behavioral: Proven ability to balance priorities and manage many competing demands to agreed deadlines and to the required level of quality. Ability to give/receive constructive feedback Self-motivated, uses own initiative and is outcome-focused. Dealing constructively with uncertainty and ambiguity. Desirable Good working knowledge of the relevant actuarial concepts and methodologies Working knowledge of tools like R, Python, SAS, SQL etc. Knowledge of the latest accounting standard (IFRS17) which is being implemented across various geographies across the world. Confidence in speaking and expressing views through a variety of platforms like publications (internal/external), seminars etc.