Advisor/Senior Advisor

Job Title:

Advisor/Senior Advisor - Actuarial

Reports to:

Business Support Team Supervisor

Office Location:

Mumbai

Work Shift:

Hybrid

,

UK Shift (2:30 Pm – 10:30 Pm)

The successful candidate must have a deep understanding of insurance principles and regulations and be able to effectively communicate complex technical information to non-technical stakeholders. As an important member of the team, the candidate would be responsible for the growth and development of other members of the team, ultimately contributing to the overall success of the team and organization.

Technical Responsibilities:

• Analyzing data and trends to help clients make informed decisions of the optimal reinsurance strategies they should adopt
• Performing ground up analysis and loss ratio investigations to build client portfolio understanding
• Build comprehensive loss models based on experience and exposure analysis in accordance with client's risk profiles and industry standards
• Estimate reinsurance treaty pricing for clients mainly in Property, Casualty, Marine, Aerospace, etc. lines of business (depending on the market/team)
• Reinsurance structure optimisation and profitability analysis to manage earnings volatility and solvency risk for clients
• Collaborate with cross-functional teams to ensure actuarial principles and techniques are accurately implemented in product development and pricing strategies
• Generate reports and presentations summarizing analyses and findings to support business decision-making
• Contribute towards the Industry studies and benchmarking activities, that aim at promoting as thought leaders in the reinsurance marketplace
• Provide valuable insights and support to clients while continuously improving processes through innovation in the form of tool development and automation of Actuarial analysis

Qualification

:

• Graduate/Post-graduate, preferably in Stats/Maths/Eco/Commerce
• Relevant experience of 1 - 3 years
• Should have experience in 
  P&C, Reserving or Pricing.
• Cleared minimum 
  2 papers

in Actuarial science, 
1
+ years of experience in
General Insurance
- Should have willingness to be part of Actuarial team in long run.
- Excellent MS Office skills, particularly Excel is essential.
- Knowledge of VBA, SQL, Python, R, Power BI etc.
- A member of any recognized Actuarial institute like Institute of Faculties of Actuaries – UK (IFoA), Institute of Actuaries of India (IAI), etc.

Skills and Competencies:

• Excellent verbal and written communication skills, ability to convey information clearly and effectively and active listening skills
• Strong analytical and problem-solving abilities, ability to think critically and find innovative solutions and strategies
• Strong interpersonal skills, ability to build and maintain relationships, and work effectively with diverse individuals or teams
• Propensity to think beyond the assignment at hand and show ability to be detail oriented while also ensuring accuracy of work
• Ability to prioritize tasks, meet deadlines, and manage multiple projects simultaneously
• Ability to adapt to changing circumstances, work well under pressure, and adjust to new environments or tasks