Manager - Actuarial - Motor Insurance

We have an opening for the position of Manager - Actuarial - Motor Insurance for a leading General Insurance Company.

- Review and analyse the data prepared for the adequacy of premium rate with suggestions and recommendations to Actuary; Will be assessed against the actual performance

- Review and analyse the data for the adequacy of the reserves; suggestions and recommendations to the Actuary.; will be assessed against actual performance

- Product Development (Only): review the documents presented for reasonability; liaise with the underwriter and ensure that all documents are submitted to the regulator within agreed TAT. Same is true for queries raised from the regulator.

- Preparation of monthly portfolio reports and subsequent analysis.Review and analyse the incurred loss ratio on financial basis and underwriting year loss ratios and sharing the same with the underwriting team

- Ensure that all submissions are to the regulator are completed with defined TATs within departments and final submission to the regulator.

- Review the adequacy of premium rates.

- Review adequacy of Reserves.

- Targeted new product submissions & approvals within agreed TAT.

- Defined within agreed TAT and accuracy monthly portfolio reports.

- Targeted compliance on regulatory submission within agreed TAT and accuracy.

- Highly knowledgeable, informed and effective team.

Desired Profile:

- Professional Qualification: Actuarial Course; 7 subjects of CT series

Experience: 3-6 years

- Insurance domain knowledge