Actuarial Analyst

2 weeks ago

Mumbai, Maharashtra, India Swiss Re Full time

Actuarial Analyst – L&H India

Position Actuarial Analyst

Level Associate

Location Mumbai, India

Reporting to Team Lead, Medical Reinsurance, L&H Products

Objective of Role

The role will be part of the L&H India pricing team taking responsibility for product development and pricing of new Life & Health business to help the region achieve its ambitious growth plans. We aim to do this through better client experience; cutting-edge, better-informed pricing; and supporting development of innovative products for clients in the region.

We are a team of 5 members in India, with support from the regional hub. The role involves supporting development of new products and the pricing of the business written in accordance with our technical guidelines.

Major Responsibilities

  1. New Business Quotes and Tenders
  • Lead and support the pricing and modelling of new business; this includes the review on quotes prepared by other team members and authority to sign-off
  • Identify and understand clients' needs and concerns
  • Collaborate with a cross-functional team of experts from client markets, underwriting and claims towards assessing the risks associated with a particular opportunity
  1. Costing Methodology and Guidelines
  • Review pricing guidelines and ensure their correct application
  • Able to challenge status-quo and look to simplify and improve existing practices
  • Keep up to date with market, regulatory and competitive trends
  • Work with Experience Studies team to gain insight into claims and lapse experience
  • Ensure pricing guidelines are kept up-to-date via research and experience studies
  1. Strategy, Product Development and Brand Presence
  • Contribute to technical, research and project management input for product development initiatives
  • Provide strategic inputs in the running of the Swiss Re business in India including implications of regulations, market and industry developments
  1. Leadership
    • Support development of the team on technical knowledge and business acumen
    • Lead and contribute to regional projects

Qualifications & Requirements

  • Good progress towards actuarial qualification (minimum 4 exams credit) (under a recognized actuarial body - SOA/CAS/IFOA/IAI/FOA/FIA) with a Bachelor degree in Actuarial Science, Mathematics, Statistics, Economics or equivalent
  • Insurance or reinsurance working experience (including consulting); pricing experience, particularly in India and / or across the South East Asian markets is strongly desirable
  • Commercial and technical skills in Life & Health product design and pricing
  • Demonstrate maturity and flexibility at managing both internal and external stakeholders
  • Experience at using and developing pricing tools, is a plus
  • Excellent verbal and written communication skills in English

About Swiss Re


Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.


Keywords:
Reference Code: 129622

  • 1OP739-Actuarial Analyst

    4 weeks ago

    Mumbai, Maharashtra, India M&G plc Full time

    M&G Global Services Private Limited We are a subsidiary of the M&G plc group of companies, known for providing a range of services since 2003. Our diverse offerings in Digital Services, Business Transformation, Management Consulting & Strategy, and more, offer exciting career opportunities. Job Description Job Title Analyst -...

  • 1OP739-Actuarial Analyst

    2 weeks ago

    Mumbai, Maharashtra, India M&G plc Full time

    M&G Global Services Private Limited We are a subsidiary of the M&G plc group of companies, known for providing a range of services since 2003. Our diverse offerings in Digital Services, Business Transformation, Management Consulting & Strategy, and more, offer exciting career opportunities. Job Description Job Title Analyst -...

  • Actuarial Analyst

    2 weeks ago

    Mumbai, Maharashtra, India Munich Re Full time

    Actuarial AnalystJob Purpose / Brief of Job Role Assist the Head of Valuation in carrying out all functions of the team including the valuation of Munich Re India Branch Life & Health reinsurance business liabilities for Statutory and Internal reporting purposes, preparation of financial reports and analyses and ensuring compliance with internal and external...

  • Actuarial Analyst

    2 months ago

    Mumbai, Maharashtra, India Munich Re Full time

    Actuarial AnalystJob Purpose / Brief of Job Role Assist the Head of Valuation in carrying out all functions of the team including the valuation of Munich Re India Branch Life & Health reinsurance business liabilities for Statutory and Internal reporting purposes, preparation of financial reports and analyses and ensuring compliance with internal and external...

  • Oliver Wyman – Actuarial Analyst – Life

    2 weeks ago

    Mumbai, Maharashtra, India Oliver Wyman Group Full time

    Oliver Wyman – Actuarial Analyst – LifeOffice/Regions available: Bangalore, IndiaCompany OverviewThe Actuarial Consulting Practice of Oliver Wyman advises clients across a broad spectrum of risk management issues. We are a rapidly growing practice with offices across the globe. Our actuaries hold the highest professional qualifications and are nationally...

  • Oliver Wyman – Actuarial Analyst – Life

    3 weeks ago

    Mumbai, Maharashtra, India Oliver Wyman Group Full time

    Oliver Wyman – Actuarial Analyst – LifeOffice/Regions available: Bangalore, IndiaCompany OverviewThe Actuarial Consulting Practice of Oliver Wyman advises clients across a broad spectrum of risk management issues. We are a rapidly growing practice with offices across the globe. Our actuaries hold the highest professional qualifications and are nationally...

  • Actuarial - Analyst

    3 weeks ago

    Mumbai, Maharashtra, India M&G plc Full time

    We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited). We are a fully owned subsidiary of the M&G plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. The company has rapidly...

  • Actuarial - Analyst

    2 weeks ago

    Mumbai, Maharashtra, India M&G plc Full time

    We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited). We are a fully owned subsidiary of the M&G plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. The company has rapidly...

  • Actuarial - Analyst

    2 weeks ago

    Mumbai, Maharashtra, India M&G plc Full time

    We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited). We are a fully owned subsidiary of the M&G plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. The company has rapidly...

  • Actuarial - Analyst

    2 months ago

    Mumbai, Maharashtra, India M&G plc Full time

    We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited). We are a fully owned subsidiary of the M&G plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. The company has rapidly...

  • Actuarial Analyst

    3 days ago

    Mumbai, Maharashtra, India M&G plc Full time

    We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited). We are a fully owned subsidiary of the M&G plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. The company has rapidly...

  • Oliver Wyman – Manager – Actuarial P&C

    2 weeks ago

    Mumbai, Maharashtra, India Oliver Wyman Group Full time

    Oliver Wyman – Manager – Actuarial P&COffice/Regions available: Mumbai, IndiaCompany OverviewThe Actuarial Practice of Oliver Wyman advises clients across a broad spectrum of risk management issues. We are a rapidly growing group with offices expanding across the globe. Our actuaries hold the highest professional qualifications and are nationally...

  • Oliver Wyman – Manager – Actuarial P&C

    3 weeks ago

    Mumbai, Maharashtra, India Oliver Wyman Group Full time

    Oliver Wyman – Manager – Actuarial P&COffice/Regions available: Mumbai, IndiaCompany OverviewThe Actuarial Practice of Oliver Wyman advises clients across a broad spectrum of risk management issues. We are a rapidly growing group with offices expanding across the globe. Our actuaries hold the highest professional qualifications and are nationally...

  • Actuarial Analyst

    2 weeks ago

    Mumbai, Maharashtra, India M&G plc Full time

    We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited). We are a fully owned subsidiary of the M&G plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. The company has rapidly...

  • Actuarial Analyst

    2 weeks ago

    Mumbai, Maharashtra, India M&G plc Full time

    We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited). We are a fully owned subsidiary of the M&G plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. The company has rapidly...

  • Actuarial Analyst

    2 months ago

    Mumbai, Maharashtra, India M&G plc Full time

    We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited). We are a fully owned subsidiary of the M&G plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. The company has rapidly...

  • Pension Valuation Actuary

    2 weeks ago

    Mumbai, Maharashtra, India WTW Full time

    Principal Duties/Responsibilities Perform detailed technical review of all work products. Projects include: annual funding and expense valuations for qualified, non-qualified and post retirement welfare plans, reconciling client data and assets, government forms and statements. Respond to queries from consultants with respect to plan provisions and...

  • Pension Valuation Actuary

    2 weeks ago

    Mumbai, Maharashtra, India Willis Towers Watson Full time

    Job DescriptionPrincipal Duties/ResponsibilitiesPerform detailed technical review of all work products. Projects include: annual funding and expense valuations for qualified, non-qualified and post retirement welfare plans, reconciling client data and assets, government forms and statements. Respond to queries from consultants with respect to plan provisions...

  • Pension Valuation Actuary

    4 weeks ago

    Mumbai, Maharashtra, India Willis Towers Watson Full time

    Job DescriptionPrincipal Duties/ResponsibilitiesPerform detailed technical review of all work products. Projects include: annual funding and expense valuations for qualified, non-qualified and post retirement welfare plans, reconciling client data and assets, government forms and statements. Respond to queries from consultants with respect to plan provisions...

  • Pension Valuation Actuary

    4 weeks ago

    Mumbai, Maharashtra, India WTW Full time

    Principal Duties/Responsibilities Perform detailed technical review of all work products. Projects include: annual funding and expense valuations for qualified, non-qualified and post retirement welfare plans, reconciling client data and assets, government forms and statements. Respond to queries from consultants with respect to plan provisions and...