People Search Consultant at Metaphor Infotech
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AM/Manager - Actuarial Services - General Insurance/Property & Casualty (6-12 yrs)
AM/Manager - Actuarial Services (General Insurance/ Property & Casualty) Bangalore.
Roles and responsibilities:
We are recruiting for an Executive in the Actuarial Services team. Working as an AM/Manager (General Insurance/ Property & Casualty) 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
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
Prior Experience:
6 - 12 years of experience in Insurance business and finance (General Insurance/ Property & Casualty). Member of Institute of Actuaries (UK) and/or Institute of Actuaries of India and must have passed at least 8 actuarial exams from either of these institutes.
For any further clarifications/updates feel free to call up on any of the co-ordinates mentioned below.
VIVEK SHARMA
Metaphor Infotech (JOBPOINT)
Executive Search, Talent Acquisition, Recruitment, Headhunting
Direct: +91- 22- 2854 5599.
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