Ey - Actuarial Role - General Insurance - Reserving Indian Market

3 weeks ago

Kolkata, West Bengal, India ERNST YOUNG LLP Full time

- Specialization in non-life / general insurance

- 10+ years of relevant actuarial experience

- Minimum 5+ years of experience in Domestic insurance market

- Experience in reserving and IFRS 17 / IND AS 117

JOB DESCRIPTION:

COMPANY NAME : Ernst & Young Actuarial Services LLP

ROLE/PRIMARY (KRAs):

- The Incumbent will be responsible for executing projects in the Actuarial space

- We are looking for Actuaries with varying experience in the Indian/ Global insurance market.

The job grade of the successful candidates for this role will depend on their respective qualities and experience.

The typical responsibilities of the role include

- Play a proactive role within a multi-disciplinary EY team in supporting the various client engagements which may span across

- Reserving,

- Product development and pricing

- Statutory reporting,

- Solvency assessment,

- Ifrs17 implementation

- Business planning.

- Build appropriate Excel model for the above-mentioned projects allowing for client product features and relevant regulations.

- Lend support on strands of research and Specialisms work (e.g.

solvency II updates, ifrs17) work aimed at providing key insights to help our clients / consultants

- Develop cutting edge proposals for winning new and different clients /engagements

- Work closely with the team to develop consistent standards and best practice.

- Sharing knowledge in a timely and effective way by submitting regularly to the knowledge database

- Contribute to wider opportunities within EY and to raising its profile externally e.g.

taking an active role in writing articles for The Actuary

Which Essential & Desirable skills are required?

Essential Technical Skills:

- Develop and maintain deep technical knowledge in Excel modelling skills

- Present internally and externally on areas of technical specialist knowledge

- Develop reports and presentations for the client

Good technical understanding of at least one of the following areas:

- Reserving techniques

- Pricing and product filing

- Business planning and capital modeling

- IFRS 17 implementation

People Skills:

- Proven communication and interpersonal skills, including the ability to put across complex technical issues and solutions to non-actuaries.

- Good team player

Behavioral:

- Proven ability to balance priorities and manage many competing demands to agreed deadlines and to the required level of quality.

- Ability to give/receive constructive feedback

- Self-motivated, uses own initiative and is outcome-focused.

- Dealing constructively with uncertainty and Good working knowledge of the relevant actuarial concepts and methodologies

- Working knowledge of tools like R, Python, SAS, SQL etc.

- Knowledge of the latest accounting standard (IFRS17) which is being implemented across various geographies across the world.

- Confidence in speaking and expressing views through a variety of platforms like publications (internal/external), seminars etc.

(ref:iimjobs.com)

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