Consultant/Assistant Manager - Actuarial - Big4

We have opening for 1 of the Big4 located In Bangalore

Executive, Risk Consulting, Actuarial Services, FRM

Roles and responsibilities

We are recruiting for an Executive in the Actuarial Services team. Working as an executive in this team, your responsibilities will include:

- Work as a core member of the actuarial team and contribute to make it a center of excellence

- Analyze the historical claims data and identify potential issues and trends and document the findings

- Build MS-excel based actuarial tools and be able to use triangulation methods for the purpose of estimating outstanding loss reserves for various (Re)insurance companies.

- Work on Statement of Actuarial Opinions (SAO) and actuarial audits of clients

- Review data, methodologies, assumptions, results and benchmark against market

- Reconcile results from previous year and compare with clients- results

- Review Nonlife pricing models and carry out bespoke modeling

- Assist with Solvency II Technical provisions actuarial reviews for PRA submission requirements

- Validate consistency across regulatory submissions

- Assist client with understanding and implementing the new regulations e.g. Solvency II, IFRS, etc.

- Provide transaction and due diligence support to the client

- Provide assistance with actuarial system transformation

- Assist with actuarial review of Economic capital requirements

- Make proper commentary on the results/findings and prepare the summary report

- Assist senior members of the team in day-to-day management activities including MI reporting

- Actively participate in engagement team meeting

- Communicate with engagement managers/Directors/partners in UK and build strong professional relationship

- Provide regular updates to stakeholders and discuss solutions to potential problem areas

Essential skills required

Education / professional qualifications

Graduate/Post graduate with a strong background in mathematics and statistics

Prior Experience:

1-5years of experience in Insurance business and finance. Member of Institute of Actuaries (UK) and/or Institute of Actuaries of India and must of passed at least 4 actuarial exams from either of these institutes.

Project and Team management exposure

- General knowledge of Insurance business and finance

- Familiarity with spreadsheets, databases, statistical analysis programs

- Strong analytical and problem-solving skills with attention to details

- Candidate will be required to interact with colleagues in the US via email, written instructions, phone, or other online collaboration protocols.

- Excellent verbal and written communication skills.

Behavioral / team skills

- Personal drive and positive work ethic to deliver results within tight deadlines and in demanding situations

- Flexibility to adapt to a variety of engagement types, working hours and work environments and locations

- Team player; self-driven and ability to work independently

If interested then please revert with the following details and Updated resume:- mandatorily send the below details:-

Full Name:
Total experience:
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Expected ctc:
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How soon you can join:
Current company:
Reason for job change:
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Holding any offer:
Offer details:

Bhuvaneshwari|| Team Lead-Recruitment
Office :022-49480030||cell :9004269367 /9702521387