Actuarial Manager

6 days ago


Mumbai, India Liberty General Insurance Full time

Academic Requirement - Graduate / Post Graduate degree in Mathematics, Computer Science, Economics or Statistics, Strong progress in Actuarial Exams, Should have completed atleast 5 Actuarial papers Experience: Minimum 3 years of General Insurance experience in an actuarial or analytics role preferably in Motor LOBCompetenciesAnalytical Skills : Strong mathematical and statistical abilities to performcomplex calculations and analyze data effectively.Communication Skills : Exceptional ability to explain complex actuarialconcepts to non-actuarial stakeholders and lead a team effectively.: Familiarity with actuarial software (e.g. ResQ, Emblem) and programming languages (e.g., SQL, Python, SAS) for data analysis and predictive modelingPrimary Responsibilities-Monitoring of KPIs in Motor LOBDrive implementation of IFRS 17 and RBC frameworksLeverage internal and industry data to create predictive models that can be used for portfolio pricing and monitoringPrepare supporting material for valuation submissionCollaborate with key internal stakeholders like, finance, retail and underwriting, to develop strategies to mitigate riskHands on with Motor LOB & Predictive modelingConduct independent research and present data findings as assignedPrepare and present reports on findings and recommendations to senior management/ stakeholders.Involve in product development and product pricing ensuring they are competitive and profitableEnsure compliance with regulatory requirements and stay updated on industry trends and developments.Prepare documentation for rate reviews, pricing models, and regulatory filings


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