AM/Manager - Actuarial Services (General Insurance/ Property & Casualty) Bangalore.

AM/Manager - Actuarial Services (General Insurance/ Property & Casualty) Bangalore.

 

Roles and responsibilities:

We are recruiting for an Executive in the Actuarial Services team. Working as an AM/Manager (General Insurance/ Property & Casualty) in this team, your responsibilities will include:

 

  • Work as a core member of the actuarial team and contribute to make it a center of excellence
  • Analyze the historical claims data and identify potential issues and trends and document the findings
  • Build MS-excel based actuarial tools and be able to use triangulation methods for the purpose of estimating outstanding loss reserves for various (Re)insurance companies.
  • Work on Statement of Actuarial Opinions (SAO) and actuarial audits of clients
  • Review data, methodologies, assumptions, results and benchmark against market
  • Reconcile results from previous year and compare with clients’ results
  • Review Nonlife pricing models and carry out bespoke modeling
  • Assist with Solvency II Technical provisions actuarial reviews for PRA submission requirements
  • Validate consistency across regulatory submissions
  • Assist client with understanding and implementing the new regulations e.g. Solvency II, IFRS, etc.
  • Provide transaction and due diligence support to the client
  • Provide assistance with actuarial system transformation
  • Assist with actuarial review of Economic capital requirements
  • Make proper commentary on the results/findings and prepare the summary report
  • Assist senior members of the team in day-to-day management activities including MI reporting
  • Actively participate in engagement team meeting
  • Communicate with engagement managers/Directors/partners in UK and build strong professional relationship
  • Provide regular updates to stakeholders and discuss solutions to potential problem areas

Essential skills required:

Education / professional qualifications

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

 

 

Project and Team management exposure

  • General knowledge of Insurance business and finance
  • Familiarity with spreadsheets, databases, statistical analysis programs
  • Strong analytical and problem-solving skills with attention to details
  • Candidate will be required to interact with colleagues in the US via email, written instructions, phone, or other online collaboration protocols.
  • Excellent verbal and written communication skills.

 

Behavioral / team skills

  • Personal drive and positive work ethic to deliver results within tight deadlines and in demanding situations
  • Flexibility to adapt to a variety of engagement types, working hours and work environments and locations
  • Team player; self-driven and ability to work independently

 

Prior Experience:

6 - 12 years of experience in Insurance business and finance (General Insurance/ Property & Casualty). Member of Institute of Actuaries (UK) and/or Institute of Actuaries of India and must have passed at least 7 actuarial exams from either of these institutes.

 

You can also share this opening with any of your suitable friends you know.

 

For any further clarifications/updates feel free to call up on any of the co-ordinates mentioned below.

 

 

Advice:

a) In-case of interest, kindly mail your profile in Word/ PDF Format

b) References would be truly appreciated.

c) In event of non-interest, request you to share this mail with individuals within your network, who you think would be suitable for the above opportunity.

 

Thanks & Regards

VIVEK SHARMA

Metaphor Infotech (JOBPOINT)

Executive Search, Talent Acquisition, Recruitment, Headhunting

Direct: +91- 22- 2854 5599.

Email: vivek@jobpoint.co.in

LinkedIn: http://www.linkedin.com/in/jobpoint    

Career Opportunities: http://jobpoint.co.in/current.php