Hiring for Big 4 Actuarial - Non Life/General Insurance

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

Mandatory Skills :

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

- 2-13 years of experience in Insurance business and finance. Member of Institute of Actuaries (UK) , SoA and CAS of US and/or Institute of Actuaries of India and must have passed at least 4-5 actuarial exams from any of these institutes.

Preferred Skills :

- Personal drive and positive work ethic to deliver results within tight deadlines and in demanding situations without compromising on quality, and ethical standards and values

- Excellent written and verbal communication skills

- Team player

- Self-driven

- Ability to work independently and motivate team members

- Proficient in use of technology like Alteryx, Power BI, R, SaS, etc

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