Actuarial Manager

5 days ago

Mumbai Metropolitan Region, India RightMatch HR Services Private Limited Full time ₹ 12,00,000 - ₹ 36,00,000 per year

The role is with a leading General Insurance Firm.

About the Role

Role – Actuarial Manager (Motor Pricing)

Location – Mumbai, Head Office.

Responsibilities

  • Monitoring of KPIs in Motor LOB
  • Drive implementation of IFRS 17 and RBC frameworks
  • Leverage internal and industry data to create predictive models that can be used for portfolio pricing and monitoring
  • Prepare supporting material for valuation submission
  • Collaborate with key internal stakeholders like finance, retail and underwriting, to develop strategies to mitigate risk
  • Conduct independent research and present data findings as assigned
  • Prepare and present reports on findings and recommendations to senior management/stakeholders
  • Involve in product development and product pricing ensuring they are competitive and profitable

Qualifications

Minimum 5 Actuarial papers completed.

Required Skills

  • Experience - From General Insurance companies or consulting firms handling insurance clients with strong background in Motor Insurance
  • Skills & Tools - R, Python & Emblem

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