P&C Actuary
3 weeks ago
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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