
P&C Actuarial Reserving Specialist
3 days ago
EXL Analytics offers a challenging and innovative work environment that brings together a team of experienced analytics professionals. As an Actuarial Reserving Professional, you will play a key role in analyzing and estimating reserves for our Property & Casualty insurance products.
This involves collaborating with the Reserving Team to review and analyze loss reserves, applying various reserving methods and techniques to estimate liabilities, and conducting research to stay updated with industry trends and regulatory changes.
- Responsibilities:
- Analyze data and perform actuarial calculations to assess risks and determine appropriate reserve levels.
- Collaborate with other departments, such as underwriting and finance, to ensure reserve estimates align with business goals and financial reporting requirements.
- Develop and enhance reserving tools, models, and processes to improve accuracy and efficiency.
- Provide support in the preparation of financial reports, including reserve-related disclosures.
- Stay updated with best practices in actuarial reserving methodologies and techniques.
- Mentor and provide guidance to junior team members as needed.
Qualifications:
- Bachelor's or Master's degree in engineering, economics, mathematics, actuarial sciences, statistics.
- Affiliation to IAI or IFOA, with at least 8-9 CT actuarial exams.
- At least 5 years of experience in the P&C insurance industry.
- Strong reserving experience or good knowledge of reserving methods and techniques.
- Advanced skills in Excel, VBA, SAS, and other relevant tools for data analysis and modeling.
- Excellent analytical and problem-solving skills, with the ability to analyze complex data and make data-driven decisions.
- Strong communication skills, including the ability to effectively communicate actuarial concepts to both technical and non-technical stakeholders.
- Ability to work independently and collaboratively in a team-oriented environment.
- Detail-oriented with strong organizational and time management skills.
- Ability to adapt to changing priorities and deadlines in a fast-paced environment.
What We Offer:
- Opportunities for professional growth and development.
- Challenging projects and assignments.
- Collaborative and supportive work environment.
- Training and mentoring programs.
- Competitive compensation and benefits package.
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