Senior Manager - Actuarial Reserving Chubb

10.0 - 14.0 years

0 Lacs

karnataka

On-site

You will be part of a well-established and expanding team supporting the Reserving & Reserve Reviews Process in Bengaluru, India. As a Manager/Senior Manager with 10-12 years of experience in the P&C Insurance business and a Fellow Reserving Actuary, you will play a crucial role in this team. The ideal candidate should possess a self-learning attitude and excel in teamwork. Your responsibilities will include closely collaborating with onshore actuaries during the reserving process, involving tasks such as data preparation, strategic analysis, and reconciliations. You will be responsible for analyzing and documenting the reasons for changes in Actuals vs Expected by Region and Line of Business on a monthly and quarterly basis. Additionally, you will prepare Internal & External Audit reports, along with relevant Exhibits, by aggregating data from various sources semi-annually. Validating Reserving Assumptions and selections in ResQ, summarizing Final exhibits like Triangles, Ultimates, and Loss ratios for Re-Insurance treaty sign-off, and handling ad-hoc requests from onshore with minimal assistance are also part of your role. Furthermore, you will guide and support junior team members, actively contribute to developing the team's training needs, and manage stakeholder relationships effectively. Your qualifications should include a strong understanding of analytical skills on large data and reserving techniques, along with being a Fellow Actuary from IAI, IFoA, SOA, or CAS. Experience in P&C insurance is preferred. Proficiency in MS Office applications, especially Excel, SQL, VBA, and experience with BRIO, Qlik, ResQ, R, Power Query/Power BI, would be advantageous. Ideally, you should be a Graduate/Postgraduate in Actuarial Science, Mathematics, Statistics, or Economics/Metrics, with strong analytical thinking and attention to detail. Excellent communication skills for stakeholder interactions, a collaborative mindset, a passion for continuous learning, and an innovative approach to enhancing existing processes are key attributes required for this role. Furthermore, we provide an exceptional study program to support individuals pursuing actuarial studies, offering study leave and other monetary benefits. Please note that the shift timing for this position is from 11:00 AM to 8:00 PM.,

Posted 1 week ago

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Senior Manager - Actuarial Reserving Chubb Business Services India Private Limited

10.0 - 12.0 years

10 - 12 Lacs

Bengaluru, Karnataka, India

On-site

Senior Manager/Manager & Actuary RESERVING TEAM Location : Bengaluru, India Job Summary This is an opportunity to be part of a well-established and growing team that supports the Reserving & Reserve Reviews Process . We are looking for a Manager/Senior Manager with 10-12 years of experience in the P&C Insurance business and a Fellow Reserving Actuary . The ideal candidate is a self-learner and a strong team player. Responsibilities Work closely with onshore actuaries throughout the reserving process , including data preparation , strategic analysis , and reconciliations . Analyze and document the reasons for changes in Actuals vs Expected by Region and Line of Business on a monthly and quarterly basis. Prepare Internal & External Audit reports and relevant Exhibits by sourcing, formatting, and aggregating data from multiple sources on a semi-annual basis. Validate Reserving Assumptions and selections in ResQ . Summarize final exhibits like Triangles , Ultimates , and Loss ratios for Re-Insurance treaty sign-off . Handle ad-hoc requests from onshore and perform work with minimal assistance. Guide and support junior team members by instructing them on processes and resolving their doubts. Actively participate in developing the team's training needs and foster a culture of learning. Manage and assist a team of analysts in performing the above tasks and manage stakeholder relationships . Required Knowledge, Skills, and Qualifications Strong knowledge of analytical skills on large data and reserving techniques . Fellow Actuary from IAI , IFoA , SOA , or CAS . Experience in P&C insurance is preferred. Strong knowledge of MS Office applications (especially Excel , SQL , VBA ). Experience with BRIO , Qlik , ResQ , R , Power Query/Power BI is an added advantage. Preferably a Graduate/Postgraduate in Actuarial Science , Mathematics , Statistics , or Economics/Metrics . Strong analytical thinking and an eye for detail . Excellent communication skills to foster frequent stakeholder interactions . A team player with the ability to collaborate effectively to achieve team goals. A passion for continuous learning and a focus on building a long-term career. An innovative approach focused on adding value to existing processes. Actuarial Study Program We offer an excellent study program to support those who pursue actuarial studies, including study leave and monetary benefits . Note Shift timing : 11:00 AM to 8:00 PM

Posted 4 weeks ago

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