Actuarial Analyst
4 weeks ago
Category - Non-Life Actuarial / P&C Actuarial - General Insurance - US
Brief description of the role :
- Rate and rule filing and engaging with DOIs to get approvals for different LOBs across all US states
- Assisting in rate change calculations and creating Indication templates, Actuarial Memos and other required forms
- Responsible for actual vs expected analysis of rates to be deployed with IT team
- Support the stakeholders with deep dive analysis on policy level data and creating supporting reports
- Leverage tools like R, SQL and Alteryx for data extraction and manipulation. Must have attention to detail as well as nose for understanding complex and large datasets needed for analysis.
- Must be willing to enhance understanding of insurance products from a business point of view.
- Provide actuarial support on raters to underwriters for different LOBs
- Must have strong communication skills both written and verbal to develop and maintain strong relationship with business stakeholders.
- Utilize your expert-level knowledge of analytics and R programming to create scripts capable of data access, manipulation, modeling, prediction, visualization, and reporting
- Expected to work in close collaboration with the team and clients
Candidate Profile :
Education/Qualification :
- 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.
Work Experience :
- 2-3 years actuarial experience in general insurance industry
Functional Skills :
- Good knowledge of US General Insurance products
- Familiarity with P&C rate/rule filings
- Comfortable with R, SQL, Alteryx
- Good exposure of MS excel
Other Requirements :
- Working hours will be 12:00 PM - 09:00 PM IST.
- Good communication skills - should be able to converse fluently in English and have independent discussion with client
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