0.0 - 3.0 years

0 Lacs

karnataka

On-site

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.,

Posted 5 days ago

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