Non-Life Manager - Actuarial Services Team - Non Life/General Insurance - Big4

Actuarial Opportunity with leading Big 4 Across Level for Non Life/General Insurance in Gurgaon/Bangalore location

We are recruiting a Non-Life Manager in the Actuarial Services team. The responsibilities of the Manager will include:

- Work on actuarial audits and advisory engagements having a decent experience in reserving and Solvency 2 (in case the requirement is for UK). Further we are looking at specific experience in a few of the following areas:

- Review data, methodologies, assumptions, results and benchmark against market

- Properly document the observations, findings on the results and prepare the summary report

- Validate consistency across regulatory submissions

- Analyse the historical claims data, identify potential issues/trends and document the findings

- Work on Statement of Actuarial Opinions (SAO) and actuarial audits of clients

- Review Nonlife pricing models and carry out bespoke modelling

- Assist with actuarial review of Solvency II Technical provisions and Solvency Capital Requirements for PRA submission

- Assist clients with understanding and implementation of new regulations e.g. Solvency II, IFRS 17, etc. Has demonstrated ability to understand and interpret Actuarial professional/technical standards.

- Support transaction and due diligence engagements

- Assist in actuarial system transformation

- Should have managed clients. Those who have managed UK / US clients are preferred.

Managerial responsibilities:

- Perform as an engagement manager for the complete scope of engagement of a member firm. As we operate in a team extension model a KGS engagement manager has the same opportunity as that of an onshore engagement manager.

- Communicate with engagement managers/Directors/partners with member firms and build strong professional relationship

- Responsible for managing the performance of their reportees

- Understand the organization targets and take ownership of its implementation

- Provide regular updates to stakeholders and discuss solutions to potential problem areas

- Assist in day-to-day management activities including MI reporting

- Contribute to setup of KGS Centre of Excellence

Job Requirements

Mandatory Skills

- Qualifications: Graduate/Post graduate with a strong background in mathematics and statistics

- 8-12 years of relevant Actuarial experience. Member of Institute of Actuaries (UK), SoA and CAS of US and/or Institute of Actuaries of India and must have passed significant actuarial exams from any of these institutes.

- Fully or nearly qualified actuary

Preferred Skills

- Personal drive and positive work ethic to deliver results within tight deadlines and in demanding situations without compromising on quality, and ethical standards and values

- Excellent written and verbal communication skills

- Team player

- Self-driven

- Ability to work independently and motivate team members

- Proficient in use of modelling software like Axis, Prophet, VBA etc