Reserving Actuary

6 days ago


Jamnagar, Gujarat, India beBeeRisk Full time ₹ 1,50,00,000 - ₹ 2,00,00,000

As a senior reserving actuary in the P&C insurance sector, you will leverage your expertise in quantitative analysis and thought leadership to drive business growth.

Key Responsibilities:
  • Analyze and estimate reserves for various insurance products, applying loss reserve reviews and analyses to inform decision-making.
  • Apply reserving methods and techniques, including loss development, loss ratio, and loss triangle analyses, to estimate liabilities and assess risk.
  • Collaborate with cross-functional teams to analyze data and perform actuarial calculations, ensuring accurate reserve levels and mitigating risk.
  • Stay up-to-date on industry trends and regulatory changes, including Solvency II and IFRS 17 requirements, to maintain compliance and competitiveness.
Requirements:
  • Bachelor's or Master's degree in engineering, economics, mathematics, actuarial sciences, or statistics.
  • Affiliation to a recognized professional body, such as the Institute of Actuaries (IAI) or the Institute of Financial Ombudsmen (IFOA), with completion of relevant professional exams.
  • Minimum 5 years of experience in the P&C insurance industry, with a strong background in reserving and analytics.
  • Proficiency in solvency regulation and risk management principles.
  • Familiarity with industry-standard software and tools, including spreadsheet applications and statistical packages.