Manager/Arius Reserving Analyst

3 weeks ago


GurgaonGurugramDelhi NCRNoidaFaridabad, India iimjobs Full time

Manager - Actuarial ( Arius Reserving Analyst)

Responsibilities:

- Collaborate with the Reserving Team to analyze and estimate reserves for our P&C insurance products, including performing loss reserve reviews and analyses.

- Apply various reserving methods and techniques to estimate liabilities, such as loss development, loss ratio, and loss triangle analyses.

- Help Perform regular reserving runs and reporting- monthly, quarterly and yearly

- Analyze data and perform actuarial calculations to assess risks and determine appropriate reserve levels.

- Conduct research and stay updated with industry trends and regulatory changes related to reserving, including Solvency II or IFRS 17 requirements.

- Prepare and present actuarial findings and recommendations to management and other stakeholders.

- Collaborate with other departments, such as underwriting and finance, to ensure reserve estimates align with business goals and financial reporting requirements.

- Assist in the development and enhancement of reserving tools, models, and processes to improve accuracy and efficiency.

- Provide support in the preparation of financial reports, including reserve-related disclosures.

- Stay updated with best practices in actuarial reserving methodologies and techniques.

- Mentor and provide guidance to junior team members as needed.

Qualifications:

- Bachelor's/Master's degree in engineering, economics, mathematics, actuarial sciences, statistics.

- Affiliation to IAI or IFOA, with 2-6 CT actuarial exams will be an added advantage

- 3-5 years Actuarial experience in the P&C insurance industry



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