Actuarial Manager
2 days ago
Academic Requirement - Graduate / Post Graduate degree in Mathematics, Computer Science, Economics or Statistics, Strong progress in Actuarial Exams, Should have completed atleast 5 Actuarial papers
Experience: Minimum 3 years of General Insurance experience in an actuarial or analytics role preferably in Motor LOB
Competencies
- Analytical Skills
: Strong mathematical and statistical abilities to perform - complex calculations and analyze data effectively.
- Communication Skills
: Exceptional ability to explain complex actuarial - concepts to non-actuarial stakeholders and lead a team effectively.
- Technical Proficiency
: Familiarity with actuarial software (e.g. ResQ, Emblem) and programming languages (e.g., SQL, Python, SAS) for data analysis and predictive modeling
Primary 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
- Hands on with Motor LOB & Predictive modeling
- 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
- Ensure compliance with regulatory requirements and stay updated on industry trends and developments.
- Prepare documentation for rate reviews, pricing models, and regulatory filings
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