Chief Actuarial Officer for Climate Resilience

1 day ago


Gandhinagar, Gujarat, India beBeeActuary Full time ₹ 1,50,00,000 - ₹ 2,00,00,000

Parametric Actuary for Climate Risk Solutions

We seek an experienced actuary to lead the development of cutting-edge parametric insurance models using satellite imagery and climate data.

  • Analyze complex data sets to identify trends and develop predictive models for climate-related events.
  • Design and implement innovative parametric insurance products based on satellite and climate data.
  • Apply mathematical and statistical techniques to assess probabilities and financial impacts of climate risks.
  • Collaborate with data scientists and geospatial experts to integrate satellite imagery into actuarial models.
  • Develop pricing models for parametric insurance products based on trigger events and payout structures.
  • Evaluate and minimize basis risk in parametric insurance solutions.
  • Present findings to stakeholders, including clients and management, through clear and concise reports.
  • Work closely with underwriters and claims teams to ensure successful implementation of parametric insurance products.
  • Stay up-to-date on advancements in satellite technology, climate science, and their applications in the insurance industry.

Required Skills and Qualifications:

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field.
  • Associate or Fellow designation from a recognized actuarial society (e.g., SOA, CAS).
  • 5+ years of experience in actuarial work, preferably in property and casualty insurance.
  • Strong analytical and problem-solving skills.
  • Proficiency in statistical analysis and modeling software (e.g., R, Python, SAS).
  • Experience working with geospatial data and GIS software.
  • Excellent communication skills, including the ability to convey complex information to non-technical audiences.

About This Opportunity:

This role offers an exciting chance to contribute to innovative insurance solutions, combining actuarial expertise with cutting-edge geospatial technology to address climate change and extreme weather events.

What We Offer:

  • A dynamic work environment that fosters collaboration and growth.
  • The opportunity to make a meaningful impact in the field of climate risk management.

Note:

This is a challenging yet rewarding role that requires strong technical skills and excellent communication abilities. If you are passionate about actuarial science and want to be part of a team that is shaping the future of insurance, please consider applying for this position.



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