Actuarial Team Lead

ANSR is hiring for one of its clients:

About BRIT:

Brit India GCC is the heart of Brit Insurance's innovation engine. Their team of highly skilled professionals specializes in Data Engineering, Platform Engineering, Full-Stack Web Application Development, Data Management, and Testing. Born in 1995 in London (UK), Brit Ltd. is a leading international general insurance and reinsurance group. Boasting one of the largest and most diverse portfolios in Syndicate 2987, we hold an influential and respected presence at Lloyd's of London. Renowned for our innovative approach to commercial insurance and reinsurance, we at Brit are committed to securing an uncertain future with a hallmark of certainty.

A legacy of excellence, driving innovation and personalized service to create exceptional customer experiences.

Team Leadership:

• Oversee the work of junior colleagues in the Brit India Actuarial team including checking it for technical accuracy and clarity of presentation.
• In collaboration with Brit London Actuarial team members, mentor and guide junior colleagues in the Brit India Actuarial team to support them in the development of their technical and softer skills.
• Identify and address training and development needs for junior colleagues in the Brit India Actuarial team.
• Create and maintain an open, positive and collaborative culture within Brit India Actuarial.
• Build and maintain effective working relationships with Brit London Actuarial team and other departments as required.

Reserving:

• Contribute to the improvement of data quality, processes and controls in reserving workflows.
• Assist with reserving exercises by supporting the analysis of claims and premium data to set assumptions.
• Contribute to the preparation and analysis of any reserve estimates for Regulatory Reporting (Solvency II, IFRS 17, US Trust Funds, etc).
• Support internal and external audit processes, including Lloyd's reviews.

Pricing and Business Planning:

• Contribute to the improvement of data quality, processes and controls in pricing workflows.
• Assist with performance optimisation by supporting technical pricing.
• Assist with segmentation analysis, identifying areas of outperformance / underperformance, to inform and shape underwriting decisions.
• Minimum 3 years' experience in a non-life insurance actuarial role, preferably Lloyd's / London Market
• Experience delegating to and/or reviewing the work of other actuarial analysts
• Commenced the actuarial exams, with a willingness to complete the full qualification.
• Obtained a relevant, numerate degree (or equivalent) with a high overall grade and strong academic background with top grades at HSC (classes 11-12).
• Excellent IT skills, in particular an advanced level of MS Excel, VBA, SQL, Python or similar coding experience is required.
• A keen interest in data visualisation for business intelligence with experience in developing Power BI dashboards.

The incumbent must also:

• Demonstrate investigative, analytical and problem-solving skills.
• Have the ability and willingness to challenge the status quo in the context of the continuous improvement of processes.
• Maintain a professional, accountable, and proactive approach.
• Effectively manage time, prioritise tasks, and meet deadlines.
• Demonstrate eagerness to learn, take initiative, and develop in a dynamic environment.
• Communicate openly, clearly and effectively with all stakeholders, both technical and non-technical.
• As a term of your employment you may be required to undertake such other duties as may reasonably be required of you in the post and department mentioned above.