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8.0 - 12.0 years
0 Lacs
karnataka
On-site
Chubb is a world-renowned leader in the insurance industry, operating in 54 countries and territories. With a diverse range of offerings including commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance, Chubb serves a wide array of clients. The company is distinguished by its extensive product portfolio, strong financial standing, and widespread global presence. Chubb Limited, the parent company, is publicly listed on the New York Stock Exchange (NYSE: CB) and is part of the S&P 500 index. Employing around 43,000 individuals globally, Chubb is committed to excellence in all aspects of its operations. For more information, visit www.chubb.com. Chubb India is undergoing an exciting digital transformation journey fueled by a dedication to engineering excellence and analytics. The organization takes pride in being officially certified as a Great Place to Work for the third consecutive year, reflecting Chubb's culture that nurtures innovation, growth, and collaboration. With a team of over 2500 talented professionals, Chubb India fosters a startup mindset that encourages diverse perspectives, collaboration, and a solution-driven approach. The company is focused on developing expertise in engineering, analytics, and automation to enable its teams to thrive in a constantly evolving digital landscape. As an IFRS17 Subject Matter Expert (SME) in Actuarial Life Valuation at Chubb, you will play a crucial role in the company's Life actuarial team. The ideal candidate for this position will possess in-depth knowledge and attention to detail in IFRS17. Your responsibilities will involve collaborating with various departments to ensure compliance with IFRS17, improving reporting processes, and offering insights into financial performance. Key Responsibilities: - Interpret and analyze IFRS17 requirements to ensure compliance across Chubb Life entities. - Work closely with actuarial, finance, and IT teams in Asia to implement and enhance IFRS17 reporting systems and processes. - Prepare and review financial statements and disclosures in alignment with IFRS17 standards. - Develop and maintain documentation related to IFRS17 methodologies and assumptions. - Provide training and support to internal stakeholders and team members on IFRS17 concepts and reporting requirements. - Monitor changes in IFRS17 standards and evaluate their impact on financial reporting for Chubb Life entities. - Assist in the preparation of management reports and presentations related to IFRS17. - Engage in audits and collaborate with internal and external auditors to ensure IFRS17 compliance. Skills and Qualifications: - Actuarial professional with a minimum of 6-8 exams and over 8 years of experience from a recognized actuarial institute. - Demonstrated expertise in actuarial financial reporting with a focus on IFRS17. - Experience in IFRS17 transformation projects is advantageous. - Strong communication, interpersonal, and presentation skills with the ability to collaborate effectively across departments. - Proficiency in managing multiple projects and meeting deadlines in a fast-paced environment. - Familiarity with R or Python is a plus. - Bachelor's or Master's degree in Mathematics, Actuarial Science, or Statistics. Join Chubb to be a part of a leading global insurance company that prioritizes employee experience and fosters a startup-like culture, enabling you to deliver impactful results. As an industry leader in insurance, Chubb is known for its underwriting and engineering excellence. Chubb India has been consistently recognized as a Great Place to Work, reflecting the organization's commitment to excellence and employee well-being. At Chubb, a culture of greatness thrives, where innovation and exceptional performance are encouraged. The company's startup culture emphasizes speed, agility, and ownership, enabling employees to respond swiftly to market demands and drive meaningful results. As Chubb continues to expand, it remains dedicated to providing employees with a conducive work environment that supports career advancement and personal growth. Employee Benefits: Chubb offers a comprehensive benefits package designed to support employees" health, well-being, and professional development. The company provides flexible work options, generous paid time off, and robust health coverage, including dental and vision treatments. Continuous learning opportunities and career advancement programs are integral to Chubb's investment in employee development. Additional benefits include: - Savings and Investment plans: Corporate NPS (National Pension Scheme), Employee Stock Purchase Plan (ESPP), Long-Term Incentive Plan (LTIP), Retiral Benefits, and Car Lease that assist employees in financial planning. - Upskilling and career growth opportunities: Customized programs for continuous learning, such as Education Reimbursement Programs, Certification programs, and access to global learning initiatives. - Health and Welfare Benefits: Employee-focused benefits like a Hybrid Work Environment, Employee Assistance Program (EAP), Yearly Free Health campaigns, and comprehensive Insurance benefits are available to support employees" well-being on and off the job.,
Posted 1 week ago
6.0 - 10.0 years
0 Lacs
karnataka
On-site
As a BA Subledger and Accounting at Prudential, your role involves possessing a degree in Finance, preferably as a Chartered Accountant or a Certified Public Accountant. You should have a strong understanding of business and accounting knowledge, particularly in Insurance companies and governing accounting standards such as IFRS17. Experience with subledger accounting engine tools like Financial Accounting Hub is essential, along with a conceptual understanding of event-based accounting treatment. Previous exposure to Finance transformation, sub-ledger/ledger redesign, and ERP Implementation projects is beneficial. You will be responsible for system configuration, testing, and collaborating with cross-functional teams and senior stakeholders. In this position, you will be responsible for analyzing business processes, identifying areas for improvement, and implementing IT solutions to enhance efficiency and productivity. Working closely with stakeholders, you will understand their needs, document requirements, and translate them into technical specifications. Additionally, conducting feasibility studies, cost-benefit analyses, and risk assessments will ensure that proposed solutions align with business objectives. Key Responsibilities include analyzing financial data, preparing reports, reviewing accounting inputs for IFRS17, conducting variance analysis, collaborating with departments for financial accuracy, assisting in budgeting and forecasting, and presenting financial information to stakeholders. You will use financial software to streamline processes, provide financial insights for strategic decision-making, ensure compliance with accounting standards, and identify areas for process improvement. Documentation of business requirements, conducting feasibility studies, and risk assessments for IT solutions, coordinating with stakeholders, overseeing IT project implementation, and providing end-user training and support are also part of your responsibilities. Qualifications for this role include a Bachelor's degree in accounting or finance (CA candidates preferred), proven experience as a business analyst, a strong understanding of accounting principles, knowledge of IFRS 17 reporting in life insurance business, proficiency in financial software and tools, and expertise in Excel skills and ETL knowledge. Preferred qualifications include experience in the financial/insurance industries, excellent analytical and problem-solving skills, strong communication and presentation skills, attention to detail and accuracy, and the ability to work collaboratively in a team environment. This position is based in Whitefield, Bangalore, with a hybrid working mode (3 days WFO) and requires a minimum of 6 years of relevant experience in IFRS17. If you are a finance professional with a degree as a Chartered Accountant or a Certified Public Accountant and meet the qualifications and responsibilities outlined above, we invite you to apply for this challenging opportunity to contribute to Prudential's mission of being partners for every life and protectors for every future.,
Posted 2 weeks ago
8.0 - 12.0 years
0 Lacs
maharashtra
On-site
The primary responsibilities of the role include implementing Aon's Life Solutions (PathWise) projects with clients across Asia Pacific, supporting business development in the India region, building trusted relationships with clients, partners, and internal Aon stakeholders, and supporting market propositions from a Life Solutions perspective. You will work closely with Aon Strategy and Technology Group (Aon STG) colleagues to identify technology, strategy, and consulting implementation opportunities across Life Insurers, Reinsurers, and other related parties. Furthermore, you will collaborate with existing and potential clients, develop your internal network to identify further client opportunities, and supervise the development and delivery of client engagements, including POC and system implementation. This role offers a unique opportunity to build a business and shape the direction of the entire business line in Asia. Reporting to the Head of APAC Life Risk Modelling, you will form part of the India team for the Life Solutions business line. The role is based in Mumbai but is hybrid, providing flexibility to work both virtually and from the Mumbai office. There will be significant opportunities to work with clients at their locations as required, allowing you to shape your working day to deliver maximum value to clients and develop colleagues and the Aon Life Solutions brand. The successful candidate should have extensive experience in actuarial system implementation, knowledge of recent regulatory developments in the region, and expertise in actuarial topics such as Finance Transformation, IFRS17, ALM, hedging, etc. Consulting experience in the actuarial field would be a plus. Additionally, the candidate should possess life consulting background or experience in transformation projects within insurers, experience in developing propositions and building a take-to-market strategy for their teams and wider colleagues, strong people leadership and stakeholder management skills, and excellent written and oral communication skills. Aon supports its colleagues by offering a comprehensive benefits package and encouraging a diverse workforce. The agile and inclusive environment allows you to manage your wellbeing and work/life balance effectively. Colleagues at Aon enjoy two Global Wellbeing Days each year and have access to various working style solutions. The continuous learning culture at Aon inspires and equips you to learn, share, and grow, enabling you to achieve your fullest potential. Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves, proud to be an equal opportunity workplace.,
Posted 3 weeks ago
5.0 - 9.0 years
0 Lacs
maharashtra
On-site
As a professional services firm affiliated with KPMG International Limited, KPMG entities in India have been serving national and international clients since August 1993. With offices in multiple cities across India, including Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Hyderabad, Jaipur, Kochi, Kolkata, Mumbai, Noida, Pune, Vadodara, and Vijayawada, we offer a wide range of industry-focused services tailored to the needs of our clients. We are currently seeking individuals to join our team to provide implementation and support for ORACLE's OFSAA solution. The ideal candidate will have expertise in OFSAA EPM, OFSAA ERM, OFSAA FCCM, OFSAA Infra, ALM, LRM, Basel, IFRS9, Pl-SQL, DBA, and OFSAA Insurance with IFRS17. This role will involve direct interaction with clients and requires a deep understanding of the financial services industry. To qualify for this position, candidates should have a degree in BCom/MCom/FRM/BSC/MSC in Economics/BE/BTech/MCA/CA - Inter or full qualification. We are committed to providing equal employment opportunities and encourage individuals from diverse backgrounds to apply.,
Posted 1 month ago
3.0 - 7.0 years
0 Lacs
karnataka
On-site
At EY, you'll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we're counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all. As a Senior SAP BANKING BANK ANALYZER, with 3-5 years of experience, your job purpose is as follows: You will be responsible for driving the Functional/technical aspects for the successful delivery of Financial Products Subledger (FPSL) implementation projects based on SAP HANA. Your role involves the assessment, design, and development of a working SAP FPSL solution for global clients. You will manage Business Requirements based on accounting standards (IFRS17 and IFRS9), translate functional requirements into solution design, and design functional and technical concepts in financial subledger accounting (SAP FP-SL). Additionally, your responsibilities will include data modeling, ETL, training, knowledge transfer, and interaction with Onshore Process leads and end clients during the implementation cycle. Mandatory skills required for this role include good functional knowledge in financial accounting within the financial services industry, proficiency in Solution design and configuration of SAP FPSL, deep knowledge of IFRS17 for Insurance, and hands-on experience in SAP FPSL or SAP sAFI / Bank Analyzer/Insurance Analyzer. You should also have knowledge of Master Data Framework and processes involved in SAP FP-SL solution, familiarity with the SAP FP-SL architecture and components like SDL, RDL, CVPM, understanding of Insurance/Banking sector and Accounting business processes, and experience in at least one/two End to End SAP implementations. Other skills desired for this role include very strong analytical and conceptual skills, a distinct willingness to learn, high customer orientation, service-based attitude, self-dependent approach to work, strong communication skills, and ability to work effectively in a global team. At EY, we exist to build a better working world by creating long-term value for clients, people, and society, and by building trust in the capital markets. Our diverse teams in over 150 countries provide trust through assurance and help clients grow, transform, and operate across assurance, consulting, law, strategy, tax, and transactions. We ask better questions to find new answers for the complex issues facing our world today.,
Posted 1 month ago
3.0 - 7.0 years
0 Lacs
karnataka
On-site
Prudential's purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact on the business, and we support our people's career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed. As a BA Subledger and Accounting, you are expected to possess a degree in Finance, preferably as a Chartered Accountant or a Certified Public Accountant. A strong understanding of business and accounting knowledge of Insurance companies and governing accounting standards, preferably IFRS17, is required. Experience with subledger accounting engine tools like Financial Accounting Hub is essential. You should have a conceptual understanding of event-based accounting treatment, such as understanding lifecycle events and resulting accounting. Working experience on Finance transformation, Sub-ledger/ledger redesign, ERP Implementation projects is preferred. Hands-on experience in system configuration and testing is necessary. Good communication skills are required to collaborate with cross-functional teams and senior stakeholders. Overview: The candidate will be responsible for analyzing business processes, identifying areas for improvement, and implementing IT solutions that enhance efficiency and productivity. The role will involve working closely with stakeholders to understand their needs, documenting requirements, and translating them into technical specifications. You will also be responsible for conducting feasibility studies, cost-benefit analyses, and risk assessments to ensure that proposed solutions are viable and aligned with business objectives. Key Responsibilities: - Analyze financial data and prepare reports. - Review accounting inputs required to support the commentary of IFRS 17 results. - Implement changes in SAS accounting application based on stakeholder requirements. - Conduct variance analysis and identify trends. - Collaborate with departments to ensure financial accuracy. - Assist in budgeting and forecasting processes. - Present financial information to stakeholders. - Use financial software to streamline processes. - Support strategic decision-making with financial insights. - Ensure compliance with accounting standards. - Analyze business processes and identify areas for improvement. - Document business requirements and translate them into technical specifications. - Conduct feasibility studies and cost-benefit analyses. - Perform risk assessments for proposed IT solutions. - Coordinate with stakeholders to gather and validate requirements. - Oversee the implementation of IT projects from inception to completion. - Collaborate with developers, testers, and other IT professionals. - Ensure projects are delivered on time and within budget. - Train end-users on new systems and provide ongoing support. - Monitor and evaluate the effectiveness of implemented solutions. - Prepare and present reports to management. - Stay updated with the latest industry trends and technologies. - Facilitate communication between business and IT teams. - Develop and maintain project documentation. - Assist in the development of business cases for new IT projects. - Ensure compliance with regulatory requirements. - Identify and mitigate project risks. - Provide technical support and troubleshooting as needed. - Participate in continuous improvement initiatives. Qualifications: - Bachelor's degree in accounting or finance (CA - Candidates). - Proven experience as a business analyst or similar role. - Strong understanding of accounting principles. - Knowledge of IFRS 17 reporting, its requirements, and its application to life insurance business. - Proficiency in financial software and tools. - Expertise in Excel skills and ETL knowledge. Preferred Qualifications: - Experience working in financial/insurance industries. - Excellent analytical and problem-solving skills. - Strong communication and presentation skills. - Attention to detail and accuracy. - Ability to work collaboratively in a team environment. Work Location: Whitefield Bangalore Working Mode: Hybrid (3 Days WFO),
Posted 1 month ago
7.0 - 11.0 years
0 Lacs
haryana
On-site
You are as unique as your background, experience, and point of view. Here, you'll be encouraged, empowered, and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families, and communities around the world. SAP S/4HANA FICO Techno-Functional Consultant The Corporate Applications Services (CAS) IT team in Sunlife is looking for a highly experienced SAP S/4HANA FICO Techno-Functional Consultant to be a key player in the implementation, integration, and ongoing support of enterprise financial systems. This role will focus on both functional configuration and technical integration across the finance ecosystem. The consultant will be part of the SAP Center of Excellence (COE) and responsible for delivering high-impact solutions, driving finance digital transformation, and ensuring system reliability and performance. Key Responsibilities: Support and configure SAP Group Reporting for financial consolidation, multi-entity reporting, and elimination of intercompany transactions. Collaborate with FP&A to design consolidated and comparative financial reports. Lead the functional integration of SAP FI with legacy financial systems via middleware or APIs, ensuring secure, consistent, and auditable data exchange. Support data migration and reconciliation activities. Engage with business analysts and cross-functional stakeholders to gather requirements, define process improvements, and translate them into SAP configurations and technical solutions aligned with business goals. Develop detailed functional and technical specifications, support development, and conduct end-to-end system testing including unit testing, regression testing, integration testing, and user acceptance testing (UAT). Perform technical configuration and customizations, coordinate defect resolution, support enhancements, and ensure solutions meet user requirements and compliance standards across integrated modules. Provide comprehensive support during month-end, quarter-end, and year-end close processes to ensure timely and accurate financial reporting and regulatory compliance. Collaborate with developers to debug ABAP and CDS views, analyze code logic, and support enhancements and bug fixes in custom developments to improve process efficiency. Ensure alignment with SDLC methodologies (Agile, Waterfall), internal IT policies, audit, and compliance regulations, including documentation, peer reviews, and governance reporting. Prepare and deliver end-user training, create detailed manuals, SOPs, and conduct interactive sessions and Q&A for finance and operations teams to ensure solution adoption. Work closely with global and cross-functional teams (Data Architects, BI/Reporting, Middleware, Infrastructure) to design integrated financial solutions and enable analytics readiness. Actively participate in project planning by providing realistic estimates, identifying risks, contributing mitigation strategies, and ensuring milestone achievement. Support go-live activities including cutover planning, data migration validation, hypercare, and transition to operations with detailed knowledge transfer documentation. Provide Level 2/3 support, perform root cause analysis for recurring issues, and drive long-term resolution strategies while ensuring minimal disruption to operations. Qualifications & Skills: Must-Have: Bachelor's degree in IT, Finance, Accounting, or a related discipline with a strong foundation in ERP finance systems. 7+ years of experience as a functional consultant with deep expertise in SAP FI (GL, AP, FA) configuration, including experience in localization, tax procedures, and financial closing processes. Hands-on experience with SAP S/4HANA Finance including new features like Universal Journal, Advanced Asset Accounting, and Central Finance framework. Strong exposure to SAP Group Reporting including group structures, consolidation logic, flexible reporting hierarchies, and reporting tools like AFO and SAC. Experience with SAP Ariba integration: indirect procurement, invoice management, supplier collaboration, PO flipping, and digital approval workflows. Proficiency functional knowledge in integration techniques including APIs, middleware (SAP PI/PO, SAP BTP), and batch interface design for legacy systems such as Oracle, JDE, or homegrown apps. Nice-to-Have: SAP S/4HANA Financial Accounting Certification or equivalent credentials in SAP Group Reporting or Ariba/Concur modules. Exposure to SAP AI Tools(Joule, Automations, etc.) Familiarity with SAP BW/4HANA, SAC, and Analysis for Office (AFO) for building finance reports and dashboards. Basic ABAP debugging, enhancement framework, BADIs, and CDS view modeling skills for resolving complex technical issues. Experience working with globally distributed teams, third-party vendors, and managing cross-cultural virtual collaboration. Awareness of IFRS17 and financial regulatory requirements in insurance or banking sectors. Additional Requirements: Willingness to work outside of regular business hours, including late evenings or early mornings, to support global deployments, quarter-end activities, and urgent production issues. Availability for occasional weekend work during go-live periods, hypercare phases, or when major enhancements and releases are planned. Flexibility for occasional travel to other business locations (domestic or international) based on project needs or workshops, ensuring alignment and stakeholder engagement. Ability to work in a fast-paced, matrixed environment, demonstrating strong communication skills, time management, and the ability to handle multiple priorities effectively. Self-motivated with the ability to work independently and collaboratively across different geographies and cultural settings. What's in it for you Join a Great Place to Work certified organization recognized in Canada and the US, offering a healthy and inclusive work culture. Flexible hybrid work model that supports work-from-home arrangements within the country, helping maintain work-life balance. Attractive compensation includes pension plans, stock options, and savings programs to help you secure your financial future. Opportunities for continuous learning, certification sponsorships, and participation in innovation programs involving AI and digital transformation. Work on global projects that influence business outcomes across multiple regions and experience diverse SAP landscapes and advanced technologies. Collaborate with a friendly, talented, and high-performing team focused on delivering purpose-driven digital enterprise solutions. Make an impact by supporting finance transformation that helps clients and employees achieve lifetime financial security and healthier lives. Job Category: IT - Application Development Posting End Date: 29/09/2025,
Posted 1 month ago
3.0 - 6.0 years
25 - 30 Lacs
Bengaluru
Work from Office
Experience of 4 to 6 Years in Reserving and Reporting for General / Health Insurance Company. Bachelor / Masters degree in Maths/Stats/Finance/Economics/Commerce Good Progress in Actuarial Exams (Preferrable: Atleast CT / CP series already cleared either from IAI / IFOA or any other appropriate institutions) Excellent Excel Skills Standout Areas: Have working knowledge of R / Python / SAS / Any other appropriate coding skills Strong ownership mindset and passion for independent, creative problem solving Love for working in a rapidly evolving startup environment where everyone is responsible for business success Strong analytical and quantitative skills to use data and metrics to drive product decisions Passion for bringing change in healthcare
Posted 1 month ago
3.0 - 7.0 years
0 Lacs
karnataka
On-site
You will be joining a dynamic team as a P&C Reserving Actuary in Bangalore, India. The role requires a minimum of 3-5 years of experience in P&C (re-)insurance. You should have a solid grasp of IFRS-17 and US GAAP financial principles, along with reserving methods specific to P&C (re-)insurance business. Proficiency in using actuarial and statistical software is essential. As a part of the team, you will be expected to demonstrate the drive to further enhance and complete your actuarial qualification, for example, Actuary CAS. Strong interpersonal skills, as well as excellent written and verbal English communication abilities, are crucial for effective collaboration. Additional language skills will be advantageous. The role also demands the capability to prioritize tasks, create efficient plans, and manage multiple work streams simultaneously. Successful performance will involve working harmoniously with individuals of diverse personal styles and cultural backgrounds. If you meet these requirements and are interested in this opportunity, please contact us at aayushi@green-tree.in.,
Posted 1 month ago
3.0 - 6.0 years
9 - 19 Lacs
noida, pune, bengaluru
Work from Office
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. Exp. : - 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
Posted Date not available
3.0 - 6.0 years
15 - 19 Lacs
noida, pune, bengaluru
Work from Office
Key responsibilities Estimate actuarial liability for general insurance lines of business which involves data preparation, data loading to tools, analysis of liabilities and presenting results Analyse the historical claims data, 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 Understanding the forecast, payment patters, yield curves, risk adjustments, claims, premiums, expenses, tax and other parameters used as a part of the establishing the Balance sheet position and Profit/Loss statement as a part of IFRS17 regulatory requirement Liability of Incurred Claims (LIC) and Liability of Remaining Coverage (LRC) calculations using the PAA or GMM approach PAA Eligibility testing to finalise the methodology for calculating the liability for the group of contracts Onerous testing to identify the onerousness for estimating the Loss Component (LC) Calculating the LC and Contractual Service Margin (CSM) release over the period of the contract IFRS17 (or Solvency II) Actuarial Liability estimation for general insurance lines of business which involves data preparation, data loading to tools, analysis of liabilities and presenting results to relevant teams Maintain strong focus in finishing Actuarial exams along with developing a strong subject matter experience Knowledge of Aptitude (IFRS17 Financial reporting tool), ResQ or other reserving software are good to have, but not must criteria Stay informed of current business/economic developments relevant to the industry 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. To qualify for the role, you must have Good experience in the General Insurance industry, either within a consulting firm or an Insurer or an organisation providing Insurance services (such as reserving, IFRS17 and Solvency II technical provision) Ability to multi-task and flexible work attitude packed with good analytical skills Proficiency in MS-Office Suite, VBA, SAS, R Programming, Python, SQL, SPSS, etc., will be a plus
Posted Date not available
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