Senior - Non Life Actuarial

2 months ago


Gurgaon, India KPMG Full time
Job Description
• Non-life (General Insurance) Assistant Manager in the Non-life (General Insurance) Senior in the Actuarial Services team. The responsibilities of Senior 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 be spoke 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

Responsibilities
• Non-life (General Insurance) Assistant Manager in the Non-life (General Insurance) Senior in the Actuarial Services team. The responsibilities of Senior 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 be spoke 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

Qualifications

Educational qualifications
• Qualifications: Graduate/Post-graduate with a strong background in mathematics and statistics
• Member of Institute of Actuaries (UK) , SoA and CAS of US and/or Institute of Actuaries of India and must have passed at least 5 actuarial exams from any of these institutes.

Work experience
• 4 to 6 years of experience in Insurance business and finance.
• Work on actuarial audits and experience in Reserving, Solvency 2, IFRS 17, Technical Provisions and Capital Modelling Further we are looking at.

  • Gurgaon, India Milliman Full time

    Job Details Description **About Milliman** Milliman is among the world's largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major...


  • Gurgaon, India KPMG Full time

    Job DescriptionWe are recruiting a Senior in the Actuarial Services team. The responsibilities will include:Primary ResponsibilitiesActuarial Audits: Audit of the client's half-yearly and yearly valuation systems for true and fair view.IFRS current and proposed IFRS 17[Assumptions, methodology, controls and results] review Solvency II [Assumptions,...


  • Gurgaon, India Willis Towers Watson Full time

    Job DescriptionThe Role This role is based in Gurgaon (India) to support the insurance consulting team of Willis Towers Watson in India We are looking for an analytical insurance practitioner with at least 10+ years of experience in actuarial non-life insurance domain, enthusiastic to join as an associate director in our non-life consulting practice. Our...

  • Actuarial Consultant

    4 months ago


    Gurgaon, India Willis Towers Watson Full time

    Job DescriptionWe are looking for an analytical individual with experience of financial modelling in actuarial software within life insurance industry, with keen interest in developing business automation solutions to join WTW as part of a team focussed on automation & transformation within life actuarial consulting practice. This is a unique and exciting...

  • Actuarial Consultant

    2 months ago


    Gurgaon, India Willis Towers Watson Full time

    Job DescriptionThe RoleWillis Towers Watson operates a number of outsourced actuarial function projects for a variety of Life Insurance companies in the UK. Such projects are delivered by a strong collaborative outsourcing team across WTW India and WTW UK offices. As a nearly or recently qualified actuary in the Life Actuarial Outsourcing team, you will be...


  • Gurgaon, India KPMG Full time

    Job DescriptionWe are recruiting a Life Actuarial Executive in the Actuarial Services team. The responsibilities of Executive will include:Primary ResponsibilitiesActuarial Audits: Audit of the client's half-yearly and yearly valuation systems for true and fair view. IFRS current and proposed IFRS 17 [Assumptions, methodology, controls and results] review....

  • Actuarial Associate

    4 months ago


    Gurgaon, India Milliman Full time

    Job Details Description Milliman is seeking actuarial professionals with strong analytical, problem-solving, technical and communication skills to join our life practice based in Gurgaon. This is an ideal opportunity for actuarial students to join and collaborate with our team of experts from across the world in a fast-paced, challenging and rewarding...

  • Assistant Manager

    3 weeks ago


    Gurgaon, India Sun Life Financial Inc. Full time

    You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll...

  • Analyst - Actuarial

    1 month ago


    Gurgaon, Haryana, India Sun Life Financial Inc. Full time

    You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll...

  • Analyst - Actuarial

    1 month ago


    Gurgaon, India Sun Life Financial Inc. Full time

    You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll...

  • Actuarial Manager

    1 week ago


    Gurgaon, India Genpact Full time

    Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose – the relentless pursuit of a world that works better for people – we...


  • gurgaon, India EXL Full time

    EXL’s 15+ years old ACTUARIAL practice is a multi-disciplinary group with an industry focus on the insurance sector (like Property & Casualty, Life Insurance, Health care, Retirement Benefits, Reinsurance). Our actuarial practice has a reputation for strong quantitative expertise and thought leadership in the industry. Through these years, our experienced...

  • Manager : Actuarial

    4 weeks ago


    Gurgaon, India Genpact Full time

    Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose - the relentless pursuit of a world that works better for people - we...

  • Actuarial Manager

    1 week ago


    gurgaon, India Genpact Full time

    Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose – the relentless pursuit of a world that works better for people – we...


  • Gurgaon, India EXL Full time

    EXL’s 15+ years old ACTUARIAL practice is a multi-disciplinary group with an industry focus on the insurance sector (like Property & Casualty, Life Insurance, Health care, Retirement Benefits, Reinsurance). Our actuarial practice has a reputation for strong quantitative expertise and thought leadership in the industry. Through these years, our experienced...


  • Gurgaon, India Aon Corporation Full time

    Analyst I - Retirement ActuarialAon Role Level - 8Solution Line- UK RetirementPosition type- Full Time Work Location- Gurugram, NoidaWorking style- HybridCab Facility- YesShift Time - 12:00 pm - 9:00 pmRequired education and certifications critical for the role- Graduation or Post Graduation in Mathematics/Statistics/Economics, Pursuing Actuarial Exams,...


  • Gurgaon, India Genpact Full time

    Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose - the relentless pursuit of a world that works better for people - we...


  • Gurgaon, India AXA XL Full time

    Senior Actuarial Specialist Gurgaon, Haryana, India We invent the new to help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative solutions, we free up our clients' potential, thereby fulfilling our own. Take it seriously. Make it fun. Know it matters. DISCOVER your opportunity What will your...


  • gurgaon, India EXL Full time

    EXL’s 15+ years old ACTUARIAL practice is a multi-disciplinary group with an industry focus on the insurance sector (like Property & Casualty, Life Insurance, Health care, Retirement Benefits, Reinsurance). Our actuarial practice has a reputation for strong quantitative expertise and thought leadership in the industry. Through these years, our experienced...


  • Gurgaon, India EXL Full time

    EXL’s 15+ years old ACTUARIAL practice is a multi-disciplinary group with an industry focus on the insurance sector (like Property & Casualty, Life Insurance, Health care, Retirement Benefits, Reinsurance). Our actuarial practice has a reputation for strong quantitative expertise and thought leadership in the industry. Through these years, our experienced...