P&C Actuarial Specialist- Reserving

1 day ago

Trivandrum, India Allianz Services Full time
Overall Objectives of Job
As part of the growing actuarial function at Allianz Services India, you will be required to work closely with actuarial teams of other operating entities of Allianz. You will be involved with both projected based activities like model development/model testing, pricing and also BAU activities such as actuarial valuation of P&C insurance products.
Duties and 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

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