P & C Insurance Professional

• 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.

• 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

• 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