Associate Actuary and Senior Analyst II

4 days ago

Bengaluru, Karnataka, India Chubb Insurance Full time ₹ 20,00,000 - ₹ 25,00,000 per year

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 minimal 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.
  • Experience in P&C insurance is preferred.
  • Strong knowledge of MS Office applications (especially Excel, SQL, VBA). Experience with BRIO, Qlik, ResQ, R, Power Query/Power BI is a added advantage.
  • 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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