Manager - Reserving

About Us

ACKO is India’s first and only fully-digital Insurtech (product) company to have taken insurance by storm. You might have seen our cool ads or are already a customer and we hope you have noticed how we are rewriting the rules of the insurance game constantly and persistently.Based out of Bangalore, we are solving for the Indian market. But we are a part of a global wave of insurtech startups such as ZhongAn in China , Oscar, Lemonade, Metromile in the US, that are known to succeed owing to their business models and technology.We are a unicorn backed by a slate of marquee investors like Binny Bansal, Amazon, Ascent capital, Accel, SAIF, Catamaran, General Atlantic and Multiples. In only four years since our inception and operations, our products have reached ~75M unique users. We have partnered with some of the biggest names of the digital ecosystem such as Amazon, Ola, RedBus, Oyo, Lendingkart, ZestMoney, GOMMT group etc.At ACKO, job roles are focused at impact and we’re here to transform the way the industry operates. Innovation drives us and our products, and we are poised to disrupt insurance, powered by our pioneering products. We have changed the landscape of this age old sector in a growing economy like India and have miles to go from here.After having crossed the $1B valuation mark, our eyes set on even bigger milestones. If you think we’re just about growth and numbers, employee wellbeing lies at the core of all our programs and policies. We are a regular ‘Great Place to Work’ winner and consistently feature on Linkedin’s list of top startups. Currently 1000 strong, we are hiring across all functions.

• Support IFRS 17 implementation, including building, validating, and maintaining actuarial models for liability measurement and reporting
• Perform impact analysis to assess how IFRS 17 influences profitability, reserves, and capital requirements across lines of business
• Assist in the preparation of regulatory actuarial submissions, including those related to Risk-Based Capital (RBC) requirements
• Collaborate on automation initiatives to streamline and enhance BAU (business-as-usual) actuarial processes
• Analyze external industry datasets (e.g., IIB data) to extract actionable insights and support strategic planning
• Provide support in reserving activities across different business segments, ensuring alignment with internal assumptions and trends
• Coordinate closely with internal stakeholders including Finance, Claims, Underwriting, Risk, and IT teams to ensure accurate and timely delivery of actuarial outputs
  

Required skills:

• 2-4 years of experience in General Insurance industry. IFRS 17 experience preferred
• Minimum 4 papers cleared. CM2 preferred.
• Sharp analytical mind, someone who enjoys thinking on their feet and devising innovative solutions to complex problems
• Keen attention to detail
• Great stakeholder management skills (both internal and external)
• Above-average educational background
• Team player with the ability to collaborate effectively across departments.