Analyst/Sr Analyst| Actuarial Experience 2-4yrs|Mumbai Bengaluru

Role :

Designation :

• Advisor
• Senior Advisor
• Analyst
• Senior Analyst

Experience :

Location

Work Mode :

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Tools or Skills required

2 papers

Candidate Responsibilities:

The candidate will work in Reinsurance Reserving/Pricing teams for business lines like Property & Casualty, Motor, and/or Specialty lines like Aerospace and Marine. The teams provide Reserving/pricing of contracts and dynamic portfolio optimization for international clients, serviced via our international offices. The principal responsibilities for the candidate will be:

• Data cleansing and processing to facilitate actuarial analysis
• Assist on-shore stakeholders and Actuaries in performing Actuarial Reserving/Pricing Analysis such as Experience rating and Exposure rating for building a comprehensive, multi-dimensional loss model in accordance with client risk profiles and industry norms
• Estimating reinsurance reserving/pricing and determining optimal Reinsurance Strategies
• Prepare and provide reports and decks for the performed analyses
• Contribute towards the Industry studies and Benchmarking activities, that aim at promoting Re as thought leader in reinsurance marketplace
• Contribute to development of innovative concepts, tools or automating current process.

Skills:

The candidate will be expected to have the following skills:

• Professional communication skills, both written and oral
• Good understanding of insurance and reinsurance concepts
• Strong analytical and problem-solving skills
• Propensity to think beyond the assignment at hand and show ability to be detail oriented
• Driven to take initiatives and challenging work
• Ability to work collaboratively in teams
• Ability to turn around work of professional quality within set deadlines
• Excellent MS Office skills, particularly Excel is essential
• Knowledge of VBA, SQL, Python, R, Power BI etc. is added an advantage

Qualification:

• Graduate/Post-graduate, preferably in Stats/Maths/Eco/Commerce
• A student member of any of the following institutes:

1) Institute of Actuaries of India (IAI)

2) Institute of Faculties of Actuaries UK (IFoA)

• Minimum 2 Actuarial exams cleared as per the new Curriculum, along with zeal of pursuing the qualification further
• A relevant internship or industry experience of 2 5 years will be an added advantage