Actuary & Sme I - Actuarial Reserving

1 day ago

Bengaluru Karnataka, India Chubb Full time

**RESERVING TEAM**

**Location**:Bengaluru, India

**Job Summary**

This is an opportunity to be part of a well-established and growing team that supports the Reserving & Reserve Reviews Process.

**Responsibilities**
- Work closely with onshore actuaries throughout the reserving process, which includes data preparation, strategic analysis, and reconciliations.
- Analyze and document the reasons for changes in Actuals vs Expected by Region and Line of Business on a monthly and quarterly basis.
- Prepare Internal & External Audit reports and relevant Exhibits by sourcing, formatting, and aggregating data from multiple sources on a semi-annual basis.
- Validate Reserving Assumptions and selections in ResQ.
- Summarize Final exhibits like Triangles, Ultimates, and Loss ratios for Re-Insurance treaty sign-off.
- Handle ad-hoc requests from onshore and perform work with mínimal assistance.
- Guide and support junior team members by instructing them on processes and resolving their doubts.
- Actively participate in developing the team's training needs and foster a culture of learning.
- Manage and assist a team of analysts in performing the above tasks and manage stakeholder relationships.

**Required knowledge, Skills and qualifications.**
- Strong knowledge of analytical skills on large data and reserving techniques.
- Fellow Actuary from IAI or IFoA or SOA or CAS.
- Experience in P&C insurance is preferred.
- Preferably a Graduate/Postgraduate in Actuarial Science, Mathematics, Statistics, or Economics/Metrics.
- Strong analytical thinking and an eye for detail.
- Excellent communication skills to foster frequent stakeholder interactions.
- A team player with the ability to collaborate effectively to achieve team goals.
- A passion for continuous learning and a focus on building a long-term career.
- An innovative approach focused on adding value to existing processes.

**Actuarial Study Program**
- We offer an excellent study program to support those who pursue actuarial studies, including study leave and monetary benefits.

**Note**
- Shift timing: 11:00 AM to 8:00 PM

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