3 - 6 years
9 - 19 Lacs
Posted:None|
Platform:
Work from Office
Full Time
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 projectProvide focused solutions and training to Staff membersBe responsible for ensuring all engagement are delivered within timeDeliver engagements in line with our values and commitment to quality and ensuring that work is of high standardsEstablish/manage priorities, communicate the status of activities, and accumulate/report all chargeable hoursWithin 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 resultsAnalyze the historical claims data and identify potential issues and trends and report the findingsPerform valuation of reserves through IBNR models using the data supplied for estimationWorking knowledge of different loss projection methods and their applications along with the familiarity of different property and casualty lines of businessReview data, methodologies, assumptions, results and benchmark against the marketAssessment of technical provisions and standard formula/ other capital calculationsLarge loss analysis, rating factor analysis and CAT benchmarkingPerform ad-hoc research and development requests as requiredPreparations of report/memo sent to stakeholders showing results of the analysisMaintain strong focus in finishing Actuarial exams along with developing a strong subject matter expertiseRisk analytics including development of analytical tools, analysis of insurance risk and general support for any risk analytics in the companyKnowledge of ARIUS, Alteryx, IGLOO, ResQ or other reserving software are good to have, but not must criteriaStay informed of current business/economic developments relevant to the industry/ geographyWe 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.
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
Non- life/P&C or general insurance/Actuarial Reserving/Rate monitoring/pricing/capital modelling
Best Hawk Infosystems Pvt. Ltd.
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