Actuarial Reserving Role
4 weeks ago
P&C Actuarial Reserving Role - & Responsibilities:
- Work on IFRS17 reporting activities to support he monthly/quarterly closing related tasks -
- Analyzing, optimizing and creating financial models that form the basis of insurance products -
- Providing thorough analyses of complex data -
- Work together with pricing and underwriting teams to understand and ensure accurate delivery of their requirements. -
- Ensure the quality of pricing tool updates including peer reviewing and comprehensive testing
- Collaborate effectively with IT on the integration of the pricing tools within IT landscape -
- Provide support on the various modeling initiatives and ensure proper documentation is in place
- Contribute to the process improvement initiatives
Qualification, Experience and Skills:
- Master's degree in Actuarial Science/Statistics/Mathematics/B.Tech with good academic background
- Student member of a recognized Actuarial Institute such as IFoA, IAI, SOA etc. and have cleared at least 5 actuarial exams
- Minimum 5 years of relevant experience in P&C insurance domain (experience of successfully working in close partnership with Reserving and IT teams
- Prior IFRS17 reporting experience
- Partnering mentality with the ability to build strong working relationships with peers, management and the business areas
- Strong programming skills: Excel, VBA, Python. ResQ - Good communication skills, both verbal and written, with ability to interact with customers from different geographical areas
- Good with Microsoft Office tools such as Excel, Access, Word, PowerPoint
- Possesses basic knowledge of SQL and can work with databases - Excellent analytical skills with attention to details
- Ability to work within a team (ref:iimjobs.com)
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