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Chief Reserve Estimator

3 weeks ago

Coimbatore, Tamil Nadu, India beBeeReserving Full time ₹ 1,10,57,300 - ₹ 1,71,11,500

Actuary Role in Property and Casualty Insurance

We are seeking an experienced Actuary to join our team, focusing on Property and Casualty insurance. The ideal candidate will have a strong background in actuarial science and experience with reserve estimation.

Key Responsibilities:

  • Collaborate with the Reserving Team to analyze and estimate reserves for P&C insurance products.
  • Apply various reserving methods and techniques to estimate liabilities, including loss development and loss triangle analyses.
  • Analyze data and perform actuarial calculations to assess risks and determine appropriate reserve levels.
  • Stay updated with industry trends and regulatory changes related to reserving, including Solvency II and IFRS 17 requirements.
  • Prepare and present actuarial findings and recommendations to management and other stakeholders.

Qualifications:

  • Bachelor's or Master's degree in engineering, economics, mathematics, actuarial sciences, or statistics.
  • Affiliation to professional actuarial bodies, such as IAI or IFOA, with relevant certifications.
  • At least 5 years of experience in the P&C insurance industry, with a strong background in actuarial reserving.
  • 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.

What We Offer:

  • A dynamic and innovative work environment that fosters collaboration and growth.
  • Ongoing training and development opportunities to enhance your actuarial skills and knowledge.
  • A competitive compensation package and benefits program.

Why Join Us?

  • Contribute to the success of a leading organization in the insurance industry.
  • Work with a talented team of professionals who share your passion for actuarial science.
  • Enjoy a challenging and rewarding career with opportunities for growth and advancement.