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0.0 - 2.0 years
10 - 11 Lacs
Bengaluru
Work from Office
About the role Extract, analyse and report on costing and quote data, for example reporting margins across different portfolios. Impact testing of new parameters or methodology for costing Understand, consult and advise regional pricing teams on pricing methodology related topics. Support in development and testing of new functionality of L&H costing applications. Apply technical knowledge and process skills to investigate issues and develop solutions as relating to costing tools and processes. Efficient programming skills (R or similar) used to develop solutions for analysis and visualisation of results Clearly documenting and communicating results to senior colleagues in the team. Question existing processes & suggest improvements. About Team: The L&H Pricing and Contracts (LHPC) is a global team with employees located in at least 14 cities around the world, responsible for defining L&H risk appetite, review of large and unusual transactions, pricing tools, methodology and governance, new business steering and contract wording. Our vision is to Engage the Swiss Re community to Steer and Enable our L&H business with the goal to make the world more resilient. This role is part of the PRIMA team (Pricing Methodology & Impact Analysis) within LHPC Bangalore and has responsibility for support on work done for pricing tools, methodology and governance. About you: Graduate or Post-graduate in Business Mgt/Insurance/Actuarial Science/Mathematics/Statistics. 0-2 years of experience in the Life & Health actuarial domain Minimum 2 Actuarial Exams passed with high motivation towards actuarial qualification. Excellent analytical skills and attention to detail Ability to work accurately and deliver to deadlines. Must be able to interpret business specs and ask clarifying questions. Excellent oral and written communication skills. Strong learning motive. Experience on using MS Office tools such as Excel, Power Point etc. About Swiss Re Swiss Re is one of the world s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world. If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience. Keywords: Reference Code: 134232
Posted 2 weeks ago
0.0 - 3.0 years
6 - 7 Lacs
Noida
Work from Office
Timely and accurate analysis of actuarial balances on existing business for Regulatory Reporting, SII, ORSA and VNB; Timely and accurate analysis of business and capital plans; Explanation of variance between reported results and previous plans; Liaison with Financial Controllers to ensure suitable and consistent reserving and accounting practices; Assistance to the Chief Actuary and senior management team in the continuous monitoring of the adequacy of capital resources, and analysis of the solvency balance sheet as well as new business premium rates and propositions; In terpretation/a nalysis of experience studies and the determination of best estimate assumptions and provisions for adverse deviation (PADs) where applicable for reserving; Error free, clear communication of results via reporting templates, memos, reports or presentations
Posted 2 weeks ago
2.0 - 8.0 years
4 - 10 Lacs
Gurugram
Work from Office
Senior Analyst, AFR Gurgaon, Haryana, India Analysts work in teams with other actuaries, financial reporting analysts, and actuarial IT teams to deliver pricing, reserving, and actuarial risk analytics analysis results Actuarial Analyst has the opportunity to support or develop cutting-edge analyses, strategies, and solutions addressing the wide range of actuarial risks and/or issues facing XL DISCOVER your opportunity What will your essential responsibilities include? Risk Analytics including the development of analytical tools, analysis of insurance risk, regulatory capital modeling activities, and general support for any risk analytics in the company Pricing including development of pricing tools, and price monitoring Reserving for complex general insurance lines of business Assisting in responding to management queries and concerns; resolving issues promptly Assisting in setting up the technical provisions for the Solvency II balance sheet Also would be performing variability analysis in the Reserve Risk Team within the Solvency II framework You will report to Specialist, AFR SHARE your talent We re looking for someone who has these abilities and skills: Required Skills and Abilities: Undergraduate degree and at least 8 - 9 CT Series Exams Excellent analytical, research, and problem-solving skills Good working knowledge of actuarial reserving/pricing software Advanced mathematical / financial / statistical aptitude Outstanding computer application skills, specifically Excel, Access, and Visual Basic Application Ability to multi-task and work effectively in a fast-paced team environment Keen attention to detail Robust oral and written communication skills Desired Skills and Abilities: Ability to multi-task and work effectively in a fast-paced team environment Keen attention to detail Robust oral and written communication skills FIND your future AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks For mid-sized companies, multinationals, and even some inspirational individuals we don t just provide re/insurance, we reinvent it How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business property, casualty, professional, financial lines, and specialty With an innovative and flexible approach to risk solutions, we partner with those who move the world forward Learn more at axaxl com Inclusion & Diversity AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success That s why we have made a strategic commitment to attract, develop, advance, and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential It s about helping one another and our business to move forward and succeed Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability, and inclusion with 20 Chapters around the globe Robust support for Flexible Working Arrangements Enhanced family-friendly leave benefits Named to the Diversity Best Practices Index Signatory to the UK Women in Finance Charter Learn more at axaxl com / about-us / inclusion-and-diversity AXA XL is an Equal Opportunity Employer Sustainability At AXA XL, Sustainability is integral to our business strategy In an ever-changing world, AXA XL protects what matters most for our clients and communities We know that sustainability is at the root of a more resilient future Our 2023-26 Sustainability strategy, called Roots of resilience , focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations Our Pillars: Valuing nature: How we impact nature affects how nature impacts us Resilient ecosystems - the foundation of a sustainable planet and society - are essential to our future We re committed to protecting and restoring nature - from mangrove forests to the bees in our backyard - by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans Addressing climate change: The effects of a changing climate are far-reaching and significant Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption Were building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions Integrating ESG: All companies have a role to play in building a more resilient future Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business We re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL s Hearts in Action programs These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day - the Global Day of Giving For more information, please see axaxl com/sustainability
Posted 2 weeks ago
2.0 - 7.0 years
8 - 13 Lacs
Gurugram
Work from Office
Senior Actuarial Analyst to play a crucial role in Health Insurance Products development, implementation, monitoring of pricing strategies. strong analytical skills, a deep understanding of actuarial principles, ability to translate complex data. Required Candidate profile Graduate in Actuarial Science/Statistics Actuarial qualification from IAI/IFoA/SOA with 5 exam passed. Actuarial pricing Exp. in health insurance. Statistical tools- SAS, Databricks, Excel, VBA & SQL
Posted 3 weeks ago
3.0 - 8.0 years
10 - 11 Lacs
Bengaluru
Work from Office
About the Role: This position is open for UK&I Life team. This team is responsible for Quarterly valuation, setting assumptions, improving the processes, maintaining documentation and resolving queries arising from Auditors, cross-functional team or clients for this business. This role involves looking after reserving work, resolving queries and helping the team in the assumption setting process- The primary task is quarterly reserves under different reporting regimes: IFRS17, UKGAAP and Statutory basis Reserve analyses, explanation and commentary To apply technical knowledge and process skills to solve problems and develop solutions Question existing processes & suggest improvements Interaction with independent valuation result reviewers Documentation of the assumptions, model output and quarterly results About the Team: We are a part of L&H Valuation UKI and South Africa team and is made up of people based out of London and Bangalore. Within the team, we are a dedicated group of Actuaries who are passionate about adding value to the business and support our colleagues across different teams and regions. About You: Advanced actuarial student 3+ years of experience in reinsurance, life or health insurance products Experience with IFRS17 reserving /Statutory valuation an advantage Ability to work and judge independently Excellent oral and written communication skills Good business and financial acumen Work with teams across various locations Strong technical knowledge, proficiency in working with spreadsheet packages About Swiss Re If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience. Keywords: Reference Code: 133992
Posted 1 month ago
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