Actuarial Analyst - Reinsurance

Looking for Actuarial Analyst for one of my re-insurance client in Delhi/NCR & Bangalore

Job Description :

- Pricing/rating for US Commercial/Personal lines of insurance

- In depth understanding of Insurance Services Office- Commercial Lines Manual and Rating algorithms.

- Designing product, pricing mechanism and respective supporting services for Commercial Auto, Commercial General Liability, Commercial Property, Inland Marine and Crime.

- Assist actuaries with rate filings to be submitted to regulators, create actuarial support exhibits & draft memorandum & provide filing objection support.

- Involved in annual Profitability studies to support pricing decisions, and provide recommendations to the business partners & Underwriters

- Involved in implementation of product in the system, participate in UAT to provide sign off

- Mentoring/Training the analysts on the team

- Involved in annual/quarterly reserve peer reviews- selection of development patterns, ultimate's preparing executive summary, in depth analysis of claims data

- Involved in market studies, competitor intelligence to gain deep insight and prepare product proposals for the client

Qualifications and skills required :

- Graduates or post-graduates

- 2-4 years of property and casualty (re) insurance experience in pricing (30%) or reserving (70%)

- Min 4+ exams passed as per new curriculum not including CB3/CT9 (Compulsory- CS2 or CM2)

- Open to pursuing actuarial credentials from Casualty Actuarial Society (CAS)

- Good written and verbal communication, and a team player

- SQL/VBA Experience preferred

- Strong analytical skills

- Demonstrates behaviors consistent with the organization's values

- Responsible and dedicated to meet the clients' expectations