Roles and responsibilities   - 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

Bangalore

Executive/Senior Executive - Actuarial Services Team - Big4 

Executive/Senior Executive - Actuarial Services Team - Big4  ,Job Description for Executive/Senior Executive - Actuarial Services Team - Big4  in Transcend HR Solutions in  Bangalore for (1-5) years of experience. Apply Now!

Job Description for Executive/Senior Executive - Actuarial Services Team - Big4  in Transcend HR Solutions in  Bangalore for (1-5) years of experience. Apply Now!