HIRING for Mid Management positions for one of the global leading Insurance Captive based out of Gurgaon.
Experience: 3+ yrs in General Insurance P&C Reserving/Pricing Actuarial
Candidate should have cleared min 10 papers in actuary
Should have an understanding of Reserving Concepts
UK shifts
Place- Gurgaon
We- re looking for someone who has these abilities and skills:
- Associate Actuary/ Fellow/ Qualified from Institute of Actuaries of India/ Institute of Actuaries, UK or casualty Actuarial Society
- 3+ years of experience in General Insurance Reserving.
- Superior analytical, research and problem-solving skills
- Good working knowledge of actuarial reserving/pricing software
- Advanced mathematical / financial / statistical aptitude
- Strong computer application skills, specifically Excel, Access and Visual Basic Application
- Ability to multi-task and work effectively in a fast-paced team environment
- Keen attention to detail
- Strong oral and written communications skills
What will your essential responsibilities include-
- Reserving for complex general insurance lines of business
- Communication of results of analysis to actuaries in other geographical regions, underwriters and management.
- Preparation of powerpoint presentations (management packs) to be presented to senior management during quarterly reserving process.
- Working continually on process improvement to make it more efficient, including keeping up to date with the latest actuarial techniques in the industry.
- An understanding of how core reserving analysis feeds into and impacts other actuarial workstreams such as Solvency II, Global Loss Triangles and Reserve Risk.
- Assisting in responding to management queries and concerns; resolving issues promptly.
- Understanding and analysing the Reinsurance programs in place, and how they impact the results on a quarterly basis.
- Contributing to other non-core projects such as the Payment Patterns and Claims Inflation Analysis. Requires a wholistic understanding of Insurance Reserving.
- Risk Analytics including development of analytical tools, analysis of insurance risk and general support for any risk analytics in the company.
- Managing teams, ensuring feedback of team members and coaching junior members of the team in reserving techniques.
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