Team Member - Actuarial - Knowledge Services - Insurance

Opening for Actuarial Team Member - Knowledge Services

Reporting to : Team Leader

Job Summary : Provide actuarial reinsurance pricing and dynamic portfolio optimization support for Willis Re North Americas senior analysts in their work for clients and prospects.

Principal Duties/Responsibilities :

- Account Analysis and Support

- Cleanse data in preparation for actuarial analysis

- Perform actuarial analysis such as exposure rating and experience rating to help build loss model for client business, estimate reinsurance pricing, and determine optimal reinsurance structures given client risk profile and underwriting strategy

- Prepare and present analyses in clear terms appropriate to the audience

- Provide value-added service to clients as needed

- Market Research and Development

- Assist senior analysts in market and line of business studies to credentialize Willis Re as a thought leader in reinsurance and primary marketplace

Required Qualifications, Skills, Knowledge, Experience :

A) Qualifications :

- Graduates / Post-graduates in any subject, preferably Maths / Stats / Eco / Commerce

- Should be a student member of any one or more of the following institutes/societies:

1. Institute of Actuaries of India (IAI)

2. Institute of Actuaries, UK (IOA)

3. Society of Actuaries, US (SOA) / Casualty Actuarial Society, US (CAS)

- 3 or more Actuarial exams cleared from any one of the above institutes

B) Skills :

- Good understanding of insurance concepts

- Strong analytical skills

- Excellent communication skills both verbal and written

- Excellent knowledge of Microsoft office is essential, and in particular advanced Excel skills. Knowledge of SQL would be an added advantage

C) Knowledge/Experience :

- 1 to 3 years of experience in an Actuarial setup, preferably involving property and casualty insurance related actuarial work.

D) Experience : 1 - 3 Year

Domain : Banking/Financial Services/Insurance

Work Location : Mumbai (Thane)

Annual Salary : INR 10 LPA

Snehal Khaire
Recruitment Associate
The Talent Fishers Group - The recruitment specialist for Asia