Group Business Unit Manager at GlobalHunt
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AVP - Acturial - Property & Casualty Reserving (4-5 yrs)
Principal Responsibilities:
- Preparation of accounts, tables and draft reports in respect of actuarial statutory reporting requirements for the India branch P&C business
- Quarterly reserves analysis for the Division Asia P&C business
- Reporting of quarterly results to senior management and the Reserve Committee
- Yearly estimation of payment patterns for Economic Value Management
Interaction with other parties:
- Collaborate with the Appointed Actuary, Finance and Risk Management functions
- Collaborate on a daily basis with reserving actuaries from other Asia locations: Hong Kong, Sydney, Beijing and Singapore
- Regular interaction with other departments such as Underwriting, Client Management, Claims and Technical Accounting
- Interaction with external parties such as auditors and IRDA
Required profile:
- Master's degree in Mathematics, Statistics, Economics, Physics or equivalent field
- 4+ years of experience in the P&C actuarial domain
- Expected Fellowship qualification within two years from the India/UK actuarial society
- Experience in statutory reporting for P&C branch entities
- Excellent knowledge of insurance accounting principles
- Knowledge of the Indian regulatory environment
- Ability to work accurately and deliver to deadlines
- Strong data organization and analytical skills
- Excellent oral and written communication skills
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