Actuary - Property & Casualty Insurance Specialist

3 days ago

India beBeeRisk Full time US$ 90,000 - US$ 1,20,000

Actuarial professionals are in high demand, particularly those with expertise in property and casualty (P&C) insurance. The ideal candidate will have a strong background in actuarial science, mathematics, or economics, and be proficient in statistical software such as Excel, VBA, SAS, and other relevant tools for data analysis and modeling.

Key responsibilities include collaborating with the Reserving Team to analyze and estimate reserves for P&C insurance products, performing loss reserve reviews and analyses, applying various reserving methods and techniques, and analyzing data to assess risks and determine appropriate reserve levels.

The successful candidate will also conduct research on 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, and collaborate with other departments to ensure reserve estimates align with business goals and financial reporting requirements.

Required Skills and Qualifications
  • 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.
Benefits
  • An exciting, fast-paced environment that brings together sharp and entrepreneurial professionals who are eager to influence business decisions.
  • Ongoing training and development opportunities to enhance analytical skills and stay up-to-date with industry trends and technologies.
  • A supportive team-oriented culture with mentorship programs to help junior employees grow and develop their careers.
  • Opportunities for advancement and professional growth within the organization.

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