DVP & Chief Actuarial Manager

6 days ago

Mumbai, Maharashtra, India Liberty Mutual Full time ₹ 12,00,000 - ₹ 18,00,000 per year


Description

Primary Responsibilities:

  • Motor TP modelling and reserving: create robust predictive models using Motor TP data to guide sourcing strategy and provide reserving insights at a segmented level.
  • Pricing and product development: collaborate with product management team to price new products/add-ons that achieve the Company's economic goals.
  • Risk Based Capital: assess the Company's solvency position using the prescribed capital framework and be able to communicate key insights to management.
  • Regulatory Reporting: assist with the compilation of regulatory reports like the FCR, IBNR Report, ALM, ECR etc.
  • Monitor portfolio performance: evaluate various diagnostic tools to assess how written business is performing relative to models.
  • Partner with Underwriting, Sales, Finance and Claims functions.

Working Relationships:

Internal:

  • Underwriting
  • Distribution
  • Finance & Investments
  • Compliance
  • Operations, Claims, IT

External:

  • IRDAI& GI Council

Competencies:

  • Strong knowledge of general insurance, products and pricing including relevant policy, regulatory and compliance frameworks.
  • Experience with predictive modelling and portfolio management.
  • Excellent interpersonal skills, the ability to build relationships and influence management

Key Requirement:

  • 5+ years of general insurance experience in actuarial department and 2+ years as an Actuarial Manager.
  • Expertise in Excel, SAS/SQL required.
  • Expertise in predictive modelling preferably Emblem.


Qualifications

Graduate / Postgraduate.
The candidate should have cleared 11-12 actuary papers.



About Us

**This position may have in-office requirements depending on candidate location.**

At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust and respect. Here, you'll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession.   

Liberty Mutual has proudly been recognized as a "Great Place to Work" by Great Place to Work US for the past several years. We were also selected as one of the "100 Best Places to Work in IT" on IDG's Insider Pro and Computerworld's 2020 list. For many years running, we have been named by Forbes as one of America's Best Employers for Women and one of America's Best Employers for New Graduates—as well as one of America's Best Employers for Diversity. To learn more about our commitment to diversity and inclusion please visit:

We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit:   

Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law. 

Fair Chance Notices

  • California
  • San Francisco
  • Los Angeles
  • Philadelphia

  • Chief Actuarial Manager

    2 weeks ago

    Mumbai, Maharashtra, India Liberty General Insurance Ltd Full time ₹ 20,00,000 - ₹ 25,00,000 per year

    DVP & Chief Actuarial Manager Description Primary Responsibilities:Motor TP modelling and reserving: create robust predictive models using Motor TP data to guide sourcing strategy and provide reserving insights at a segmented level. Pricing and product development: collaborate with product management team to price new products/add-ons that achieve the...

  • Actuarial Manager

    3 days ago

    Mumbai, Maharashtra, India Liberty General Insurance Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Academic Requirement - Graduate / Post Graduate degree in Mathematics, Computer Science, Economics or Statistics, Strong progress in Actuarial Exams, Should have completed atleast 5 Actuarial papersExperience: Minimum 3 years of General Insurance experience in an actuarial or analytics role preferably in Motor LOBCompetenciesAnalytical Skills : Strong...

  • Chief Marketing Actuary

    2 weeks ago

    Mumbai, Maharashtra, India Munich Re Full time ₹ 20,00,000 - ₹ 25,00,000 per year

    LocationMumbai, IndiaJob typeFull-TimeWork modeOn-siteJob levelManagement & LeadershipJob ID10770CompanyMunich ReEmployment typeRegularArea of expertiseActuarial & Risk ManagementManage and lead the business development team for India, Sri Lanka & Bangladesh geographies.Responsible for the effective client portfolio management and profitability performance...

  • Senior Actuarial Manager

    1 week ago

    Mumbai, Maharashtra, India APS Executive Search Full time ₹ 20,00,000 - ₹ 25,00,000 per year

    Job Description: Senior Actuarial Manager – General Insurance(Motor Pricing) | Mumbai | India's Leading Financial and Insurance GroupThe client is ahighly visible Indian Financial conglomerate with lines of businesses in thefinancial services, and insurance sector while having total assets upwards ofUS $7b. They are now seeking an Actuary to take up a...

  • Pricing Actuary

    3 days ago

    Mumbai, Maharashtra, India Kotak Life Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Role: Individual Pricing LeadDesignation: Assistant Vice PresidentWork Experience: 7 years +Education: Graduate / Post GraduateWork Location: Goregaon (East), MumbaiOBJECTIVE OF THE ROLEKotak Life Insurance is seeking a dynamic and experienced Mid-Level Actuarial Pricing Manager to join our growing team. The successful candidate will lead a team of few...

  • Actuarial Manager

    2 weeks ago

    Mumbai, Maharashtra, India Forward Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Role & responsibilities -Carry out pricing calculations for proposed new tenders for the Group business, re-pricing of existing business, and review relevant documents in a timely manner, having regard to risks accepted and maintaining document qualityDevelop, maintain and supervise/use generic pricing models and quotation databaseConducts quantitative and...

  • Actuarial - Group Pricing - AVP - L6 - Mumbai (Intellion Square - HO)

    2 weeks ago

    Mumbai, Maharashtra, India kotak mahindra bank, Full time ₹ 6,00,000 - ₹ 18,00,000 per year

    Job Description JOB DESCRIPTION POSITION Chief Manager/AVP Group PricingDESIGNATION Chief Manager/AVPPOSITION CODE POSITION GRADE L5/L6 depending on experienceDEPARTMENT ActuarialSUB DEPARTMENT Group Pricing Credit LifeREPORTING POSITION Sr. Vice PresidentOBJECTIVE OF THE ROLE The ideal candidate will have a strong background in pricing group life...

  • Assistant/Director, Actuarial Enablement

    1 week ago

    Mumbai, Maharashtra, India Liberty Insurance Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Are you looking to apply innovative solutions across systems spanning different countries and cultures? Join our growing team at Liberty Mutual, which has been recognized as a "Great Place to Work" and one of the "Best Employers for Diversity".This is a unique opportunity to influence and enable the strategic direction of actuarial and data science across...

  • Actuarial - Colleague - (2C) Manager

    3 days ago

    Mumbai, Maharashtra, India M&G plc Full time ₹ 12,00,000 - ₹ 24,00,000 per year

    We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited). We are a fully owned subsidiary of the M&G group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003.Our purpose is to give everyone real...

  • Social Media Manager

    3 days ago

    Navi Mumbai, Maharashtra, India Nap Chief Full time ₹ 4,00,000 - ₹ 8,00,000 per year

    Job description Social Media Manager Location: Turbhe, Navi Mumbai (on-site) Experience: 3–4 years in social media marketing / content strategy, ideally with D2C, fashion, or lifestyle brandsAbout Nap ChiefAt Nap Chief, we're redefining kidswear with bold character-led designs, luxe-quality fabrics, and a brand voice that resonates with fun-loving kids and...