Actuary

4 days ago

Delhi, India Parati Full time

**Job Role**:
Actuary

We are seeking a skilled and experienced actuary with expertise in breakage analysis to join our team. As an actuary specializing in breakage analysis, you will play a crucial role in redemption and revenue recognition analysis and financial impact assessments. A background in the aviation industry is not required, however, a strong background in actuarial science and a proven track record in breakage analysis are essential.

**Responsibilities**:

- Conduct breakage analysis to evaluate the financial impact of unused ticket credits, loyalty program points, redemption rates and other contractual obligations within the aviation industry.
- Conduct in-depth analysis of historical data, industry trends and benchmarks, and market dynamics to identify patterns, anomalies, and factors influencing breakage rates and customer redemption behavior.
- Perform financial modelling and forecasting to evaluate the impact of breakage rate assumption and expiration policies on costs of redemption, revenue recognition and financial statement outcomes.
- Forecast future breakage rates and incorporate them into financial projections of loyalty program revenues and overall airline performance.
- Prepare comprehensive reports and presentations to communicate breakage analysis results that can be incorporated into financial reporting processes, ensuring compliance with relevant accounting standards.
- Analyze revenue recognition policies across different contract terms, under both IFRS and GAAP.
- Collaborate with auditors to address inquiries and provide necessary documentation and support.
- Stay up to date with industry regulations, accounting standards, and best practices related to financial reporting and compliance with regulatory standards.

**Requirements**:

- Bachelor's or Master’s degree in Actuarial Science, Accounting, Finance, Mathematics Statistics, or a related field.
- Proven experience as an actuary with expertise in breakage analysis and revenue recognition.
- Proficiency in statistical analysis software and actuarial modelling tools.
- Strong analytical and problem-solving skills with meticulous attention to detail.
- Excellent communication and presentation skills to convey complex concepts effectively.
- Ability to work independently and collaborate with cross-functional teams in the aviation industry.

**Job Type**: Contract
Contract length: 3 months

**Salary**: ₹410,410.03 - ₹1,489,827.72 per year

Ability to commute/relocate:

- Delhi, Delhi: Reliably commute or planning to relocate before starting work (required)

Application Question(s):

- How many years of experience do you have in breakage analysis?
- How many years of experience do you have in statistical analysis?
- Are you willing to work on a contract basis? (Kindly note this is a contractual opportunity)
- Are you a qualified actuary?

**Experience**:

- an Actuary ? (required)

Work Location: One location

  • Health Actuary

    1 day ago

    Delhi, India Badri Management Consultancy Full time

    Job DescriptionBADRI Management Consultancy is seeking a motivated and detail-oriented Junior Actuarial Analyst to join our consulting team, specializing in health insurance. In this role, you will support senior actuaries in data analysis, pricing, loss reserving, and risk assessment for health insurance projects. This position offers an excellent...

  • Health Actuary

    19 hours ago

    Delhi, Delhi, India Badri Management Consultancy Full time

    Job DescriptionBADRI Management Consultancy is seeking a motivated and detail-oriented Junior Actuarial Analyst to join our consulting team, specializing in health insurance. In this role, you will support senior actuaries in data analysis, pricing, loss reserving, and risk assessment for health insurance projects. This position offers an excellent...

  • Senior Actuary

    4 days ago

    Delhi, India GreenTree Advisory Services Pvt Ltd Full time

    Hiring for Lead Actuary 10-14yrs Exp Key Skillset – Senior Actuary with Pricing, Risk, Capital, Reserving Experience Level – SAVP/AVP Location – Open for Remote (12-9PM IST) Qualifications Experience level required ranges from 10-14 years Prior experience in Pricing, Reserving, and Capital Modeling is preferred. Affiliation to IAI, IFOA, or SoA, with a...

  • Actuarial Consultant

    2 weeks ago

    Delhi, Delhi, India timesjobs Full time

    Position: Actuarial Consultant - General InsuranceExperience: 4 yearsLocation: GurgaonDiscipline: Actuarial ScienceJob Type: PermanentContact Name: Vibha SinghContact Email:Job Ref: 39915Published: 2 days agoActuarial Consultant - General Insurance - 4 years - GurgaonWe are looking for a professional having 5 years of experience in General Insurance...

  • Actuarial Consultant

    1 month ago

    Delhi, Delhi, India timesjobs Full time

    Position: Actuarial Consultant - General InsuranceExperience: 4 yearsLocation: GurgaonDiscipline: Actuarial ScienceJob Type: PermanentContact Name: Vibha SinghContact Email:Job Ref: 39915Published: 2 days agoActuarial Consultant - General Insurance - 4 years - GurgaonWe are looking for a professional having 5 years of experience in General Insurance...

  • Actuarial Consultant

    4 weeks ago

    Delhi, Delhi, India timesjobs Full time

    Position: Actuarial Consultant - General InsuranceExperience: 4 yearsLocation: GurgaonDiscipline: Actuarial ScienceJob Type: PermanentContact Name: Vibha SinghContact Email:Job Ref: 39915Published: 2 days agoActuarial Consultant - General Insurance - 4 years - GurgaonWe are looking for a professional having 5 years of experience in General Insurance...

  • Health Actuary

    19 hours ago

    Delhi, Delhi, India Badri Management Consultancy Full time

    Job DescriptionBADRI Management Consultancy is seeking a highly skilled and motivated Health Actuary - Assistant Manager to join our dynamic consulting team. In this role, you will lead and support a variety of actuarial projects, focusing on health insurance. You will be responsible for data analysis, pricing, loss reserving, risk assessment, and providing...

  • Specialist, Corporate Actuary

    6 hours ago

    Delhi, India Vrinda Global Full time

    GENERAL INSURANCE Analysts work in teams with other actuaries, financial reporting analysts and actuarial IT teams to deliver Valuation, reserving and actuarial risk analytics analysis results. Actuarial Analyst has the opportunity to support or develop cutting-edge analyses, strategies and solutions addressing the wide range of actuarial risks and/or issues...

  • Senior Actuarial Analyst

    4 weeks ago

    Delhi, India AGF Talent Full time

    Job DescriptionThis is a remote position.About The CompanyAGF Talent, representing a renowned leader in patient-focused healthcare, is conducting a search for a Senior Actuarial Analyst, Valuation. Our client values innovation, integrity, and commitment to excellence, offering a dynamic environment for professional growth.About The RoleAs a Senior Actuarial...

  • Senior Actuarial Analyst

    3 weeks ago

    Delhi, India Badri Management Consultancy Full time

    Job DescriptionElevate your actuarial expertise as a Senior Actuarial Analyst, leading data analysis, loss reserving, reinsurance support, capital modeling, and comprehensive pricing solutions across life, non-life, and health insurance. Join us in a multifaceted role, encompassing data analytics, reporting, and contributing to diverse consulting endeavors....

  • Senior Actuarial Analyst

    2 weeks ago

    Delhi, Delhi, India Badri Management Consultancy Full time

    Job DescriptionElevate your actuarial expertise as a Senior Actuarial Analyst, leading data analysis, loss reserving, reinsurance support, capital modeling, and comprehensive pricing solutions across life, non-life, and health insurance. Join us in a multifaceted role, encompassing data analytics, reporting, and contributing to diverse consulting endeavors....

  • Senior Actuarial Analyst

    3 weeks ago

    Delhi, Delhi, India Badri Management Consultancy Full time

    Job DescriptionElevate your actuarial expertise as a Senior Actuarial Analyst, leading data analysis, loss reserving, reinsurance support, capital modeling, and comprehensive pricing solutions across life, non-life, and health insurance. Join us in a multifaceted role, encompassing data analytics, reporting, and contributing to diverse consulting endeavors....

  • Senior Actuarial Analyst

    2 weeks ago

    Delhi, Delhi, India Aviva India Full time

    Role: Analyst/SrAnalyst- ActuarialBand:C1 or D2 | AM/DM/ManagerActuarial @Aviva India (HO)Product:Aviva Life InsuranceThe OpportunityAs part of our life actuarial team, you'll focus on high-impact opportunities to apply your knowledge and experience that will shape our services. You'll build valuable relationships with clients and develop strong...

  • Actuarial Specialist

    2 weeks ago

    Delhi, Delhi, India EXL Full time

    EXL's 15+ years old ACTUARIAL practice is a multi-disciplinary group with an industry focus on the insurance sector (like Property & Casualty, Life Insurance, Health care, Retirement Benefits, Reinsurance). Our actuarial practice has a reputation for strong quantitative expertise and thought leadership in the industry. Through these years, our experienced...

  • Chief Actuary

    4 weeks ago

    delhi, India Leading Life Insurance Company Full time

    minimum 10th Paper cleared or a Qualified in Actuary. Ideal candidate having prior experience in Valuation, Life insurance and Modelling

  • Chief Actuary

    2 weeks ago

    Delhi, Delhi, India Leading Life Insurance Company Full time

    minimum 10th Paper cleared or a Qualified in Actuary. Ideal candidate having prior experience in Valuation, Life insurance and Modelling

  • Actuarial Data Scientist

    2 weeks ago

    Delhi, Delhi, India Qumata Full time

    Company DescriptionA New Standard for Life and Health Insurance UnderwritingBe part of the Tech and Data transformation of an entire sector from its core. We need you to help scale up a pioneer and write history.The Qumata model uses digital data to calculate the related risks used to smoothen onboarding journeys in the Life Insurance space.Founded 2017Total...

  • P&C Actuarial Expert

    7 days ago

    Delhi, India EmpHire Full time

    Job DescriptionJob Title: Property and Casualty (P&C) Actuarial ExpertLocation: BelgiumJob Type: Full-timeCompany Overview:Our client is a leading insurance company committed to delivering innovative and reliable solutions to their clients. As they continue to strengthen their actuarial team, they are seeking a highly skilled and experienced Property and...

  • Health Actuary

    1 day ago

    Delhi, India Badri Management Consultancy Full time

    Job DescriptionBADRI Management Consultancy is seeking a highly skilled and motivated Health Actuary - Assistant Manager to join our dynamic consulting team. In this role, you will lead and support a variety of actuarial projects, focusing on health insurance. You will be responsible for data analysis, pricing, loss reserving, risk assessment, and providing...

  • Fc Actuarial Srv Supervisor

    3 weeks ago

    Sushant Lok, Delhi, Delhi, India RSM US LLP Full time

    University degree in Actuarial Science, Statistics, Mathematics or similar - 5+ years of relevant work experience - Active working toward Fellowship of the Casualty Actuarial Society (CAS) - Experience in P&C insurance pricing, reserving, data analytics, risk management, financial reporting, capital modeling and/or stress testing - Experience managing and...