Manager - Actuarial & Analytics - Insurance Domain

Role : Manager - Actuarial & Analytics

Location : Powai

Reports to : Senior Manager

Are you someone with?

Graduation in any stream. Should be a member of the Actuarial profession (enrolled to complete actuarial studies at least)

Masters/BE/B Tech

Should have successfully cleared 5 to 10 actuarial papers

Should have cleared CT1,CT4,CT8,CT6

5-7 years of relevant experience in the areas on P&C actuarial valuation/pricing. Should have some prior people management experience.

Knowledge of insurance domain

Would you be keen for a role where your responsibilities include:

- Candidate is expected to work on traditional/non-traditional pricing products and structured re/insurance solutions. He /She is expected to provide actuarial support to team members across the group.

- Understand the advanced analytics requirements and plan tools/concepts that need to be used to achieve desired outcomes. Have strong interest in working with large and disperse data sets and demonstrate ability to extract and reconcile data

- Development and reconciliation of frequency and severity models

- Loss forecasting using simulation techniques

- Estimation of IBNRs using standard actuarial methods or other statistically robust techniques.

- Ability to develop new and maintain existing tools either independently (Excel and VBA based) or as supervised by reporting manager

- Ability to consolidation and Communication of results

- Carry out all other reasonable requests and objectives to an acceptable standard within agreed timescales

- Prepare reports and letters relating to actuarial advice

- Actively participate in departmental meetings

- Develop an understanding of technical areas as appropriate to role under the guidance of a senior member of the team

- Assist management in creating and maintain an up to date knowledge data base on property & casualty insurance/reinsurance actuarial procedures

- Proper recording of time and maintenance of timesheets

- Contribute ideas and suggestions for improvements to process templates

Avneet Malik