Actuarial Manager

1 week ago


Mumbai India Liberty General Insurance Full time

Job Description 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 LOB Competencies - Analytical Skills: Strong mathematical and statistical abilities to perform - complex calculations and analyze data effectively. - Communication Skills: Exceptional ability to explain complex actuarial - concepts to non-actuarial stakeholders and lead a team effectively. - Technical Proficiency: Familiarity with actuarial software (e.g. ResQ, Emblem) and programming languages (e.g., SQL, Python, SAS) for data analysis and predictive modeling Primary Responsibilities- - Monitoring of KPIs in Motor LOB - Drive implementation of IFRS 17 and RBC frameworks - Leverage internal and industry data to create predictive models that can be used for portfolio pricing and monitoring - Prepare supporting material for valuation submission - Collaborate with key internal stakeholders like, finance, retail and underwriting, to develop strategies to mitigate risk - Hands on with Motor LOB & Predictive modeling - Conduct independent research and present data findings as assigned - Prepare and present reports on findings and recommendations to senior management/ stakeholders. - Involve in product development and product pricing ensuring they are competitive and profitable - Ensure 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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