Senior Actuary Insurance Reserving Specialist

2 days ago


Vizag, Andhra Pradesh, India beBeeActuary Full time ₹ 1,50,00,000 - ₹ 2,00,00,000
Job Description:

As a senior actuary, you will analyze and estimate reserves for our insurance products. You will be responsible for performing loss reserve reviews and analyses, applying various reserving methods, and estimating liabilities. You will also analyze data to assess risks and determine appropriate reserve levels.

You will research industry trends and regulatory changes related to reserving, including Solvency II or IFRS 17 requirements. You will prepare and present actuarial findings and recommendations to management and other stakeholders.

You will collaborate with other departments to ensure reserve estimates align with business goals and financial reporting requirements. You will assist in the development and enhancement of reserving tools and processes.

Required Skills & Qualifications:

  • Bachelor's/Master's degree in engineering, economics, mathematics, or actuarial sciences.
  • Affiliation to IAI or IFOA, with at least 8-9 CT actuarial exams.
  • At least 5 years of 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.

About Us:

Our company offers an exciting and fast-paced environment that brings together professionals who are eager to influence business decisions. You can expect to learn many aspects of businesses and develop effective teamwork and time-management skills.

We invest heavily in training you in all aspects of analytics and leading analytical tools and techniques. We provide guidance/coaching to every employee through our mentoring program.



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