P&C Actuary

3 weeks ago


Gurgaon, Haryana, India Elements HR Services Pvt Ltd Full time

Job Overview

We are seeking an experienced P&C actuary to join our team at Elements HR Services Pvt Ltd. The ideal candidate will have 2 to 5 years of experience in P&C actuarial work with proven expertise in Reserving, Solvency II, and IFRS17.

About the Role

The successful candidate will be responsible for providing actuarial services to P&C (Re)Insurers and Lloyd's Syndicates. This includes assisting clients with Solvency II Technical Provision and Capital modelling calculations and reporting, as well as implementing and complying with IFRS 17.

Key Responsibilities

  • Provide expert advice on the impact of IFRS17 on financial reporting.
  • Conduct actuarial analysis and prepare reports for regulatory reporting.
  • Lead/Assist multiple actuarial projects, ensuring timely and high-quality delivery.
  • Collaborate with cross-functional teams for seamless project execution.
  • Identify opportunities for process improvement, automation, and transformation.
  • Build and maintain strong client relationships, identifying new service opportunities.
  • Mentor junior actuaries and promote a collaborative team environment.
  • Provide technical guidance on complex actuarial issues.

Requirements

  • Bachelor's degree in actuarial science, Mathematics, Statistics, Finance, or a related field.
  • Member of IFoA or IAI and making good exam progress towards the Fellowship.
  • 2 to 5 years of experience in P&C actuarial work, with a strong focus on Reserving, Solvency II, and IFRS17.
  • Good understanding of the interaction between various insurance functions and ability to liaise with functional heads.
  • Excellent client management skills, with a track record of building and maintaining strong client relationships.
  • Strong analytical and problem-solving skills, with attention to detail.
  • Excellent communication and interpersonal skills, with the ability to explain complex actuarial concepts to non-technical stakeholders.

Salary Range

$85,000 - $120,000 per year, depending on experience.


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