Insurance Actuary

1 week ago

Udaipur, Rajasthan, India beBeeReserving Full time ₹ 1,60,00,000 - ₹ 2,02,00,000

Actuarial Reserving Specialist

We are seeking an experienced Actuarial Reserving Specialist to join our team. As a key member of our actuarial practice, you will be responsible for analyzing and estimating reserves for our P&C insurance products.

Key Responsibilities:

  • Collaborate with the Reserving Team to analyze and estimate reserves for our P&C insurance products.
  • Apply various reserving methods and techniques to estimate liabilities.
  • Analyze data and perform actuarial calculations to assess risks and determine appropriate reserve levels.
  • Conduct research and stay updated with industry trends and regulatory changes related to reserving.
  • Prepare and present actuarial findings and recommendations to management and other stakeholders.
  • Collaborate with other departments to ensure reserve estimates align with business goals and financial reporting requirements.
  • Assist in the development and enhancement of reserving tools, models, and processes.
  • Provide support in the preparation of financial reports.
  • Mentor and provide guidance to junior team members as needed.

Requirements:

  • Bachelor's/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 5yrs+ Actuarial experience in the P&C insurance industry.
  • Strong reserving experience or good knowledge of reserving methods and techniques.
  • Experience with Solvency II or IFRS 17 is a plus.
  • Advanced skills in Excel, VBA, SAS, and other relevant tools for data analysis and modeling.
  • Excellent analytical and problem-solving skills.
  • Strong communication skills.
  • Ability to work independently and collaboratively in a team-oriented environment.

What We Offer:

  • A dynamic and innovative environment that brings together a group of sharp and entrepreneurial professionals who are eager to influence business decisions.
  • The opportunity to learn many aspects of businesses that our clients engage in.
  • Effective teamwork and time-management skills - key aspects for personal and professional growth.
  • Guidance/coaching through our mentoring program.
  • Sky is the limit for our team members. The unique experiences gathered sets the stage for further growth and development in our company and beyond.

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