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Health Actuary

4 months ago

Delhi, Delhi, India Badri Management Consultancy Full time
Job Description
Job Description

BADRI Management Consultancy is seeking a motivated and detail-oriented Junior Actuarial Analyst to join our consulting team, specializing in health insurance. In this role, you will support senior actuaries in data analysis, pricing, loss reserving, and risk assessment for health insurance projects. This position offers an excellent opportunity for professional growth and development in a collaborative and dynamic environment.

Key Responsibilities:

  1. Data Collection and Analysis:
  • Assist in collecting, validating, and analyzing health insurance data.
  • Support the development and maintenance of actuarial models.
  • Prepare and maintain databases for actuarial analysis.
Pricing and Product Support:
  • Assist in pricing analyses for health insurance products.
  • Support product development teams with actuarial input.
  • Ensure pricing models comply with regulatory requirements and industry standards.
Loss Reserving:
  • Assist in performing loss reserving analyses.
  • Support the development and implementation of reserving methodologies and models.
Risk Assessment:
  • Help assess and quantify risks associated with health insurance products.
  • Assist in developing risk management strategies and recommendations.
Reporting and Documentation:
  • Prepare actuarial reports, summaries, and presentations.
  • Document methodologies, assumptions, and results for review.
Client Support:
  • Assist in providing actuarial consulting services to clients.
  • Support senior actuaries in client meetings and presentations.
  • Help build and maintain strong client relationships.
Professional Development:
  • Stay updated on industry trends, regulatory changes, and emerging best practices in health insurance.
  • Pursue actuarial exams and professional development opportunities.
Requirements
  • Bachelors in Actuarial Sciences or relevant degree (Candidates with 1-2 exams will be preferred)
  • 1 to 2 years' of professional actuarial experience in the health insurance industry.