Associate Director

3 days ago

Noida, Uttar Pradesh, India Marsh McLennan Full time ₹ 15,00,000 - ₹ 20,00,000 per year
Description:
  • Works on basic to moderately complex actuarial/quantitative analysis projects with some guidance from senior project team members in order to assess and calculate costs, rates, risks and trends associated with underwriting health and welfare insurance brokering contracts, or projecting health care related costs.
  • Projecting retiree medical costs using cost/enrolment data and providing advice on projected experience and valuation, accounting reporting and management of these liabilities
  • Analysing the viability of group risk scheme and group medical scheme to insure benefits through a trust arrangement; providing clients with recommendations based on the analysis
  • Project cashflow scenarios and simulations for Insurance and Reinsurance Funds (including Captives) and recommend optimal capital management strategies, including reinsurance limits
  • Evaluating group risk and income protection benefits; making recommendations on how to manage future costs based on demographics
  • Gathers, organizes, tests, and reviews client or vendor data for accuracy, validity, and reasonableness, and to identify any discrepancies.
  • Performs basic and increasingly complex analyses and cost projections by using or modifying existing products, tools, and pricing models in Excel, SAS, and other software, with some input and feedback from senior project team members.
  • Participates in the development of company's intellectual capital in order to develop knowledge of health insurance actuarial services and products.
  • Proactively managing all stakeholders; which include internal and external clients
What you need to have:
  • Strong analytical skills, both quantitative and qualitative
  • Working knowledge of Microsoft Office—Word, Excel, and PowerPoint—and advanced programming skills are a plus (e.g. R, Python, SAS and SQL)
  • Knowledge of data analysis, project management, and presentation design
  • Excellent interpersonal, verbal, and written communication skills
  • Intellectual curiosity; seeking opportunities to develop new skills
  • Ability to work in teams and be flexible to work under tight deadlines and changing client needs
  • Superior organizational skills and strong attention to detail
  • Sound knowledge of process documentation, development of SOP, knowledge artefacts
  • Ability to prioritize and handle multiple tasks in a demanding work environment.
  • Graduation with Mathematics/Statistics/Actuarial Science or any subject with sizeable mathematical content
  • Fully / Nearly qualified actuary preferably in health domain
  • Minimum 12 years' experience overall in actuarial services (domestic or international)
What makes you stand out?
  • High attention to detail
  • Good relationship skills, proven ability to work on own initiative as well as in a team
  • Stakeholder management mainly onshore stakeholders
  • Adaptable communicator, facilitator and problem solver
  • Ability to multi-task and prioritize time effectively
  • Demonstrate quick learning skills
Why join our team:
  • We help you be your best through professional development opportunities, interesting work and supportive leaders.
  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh McLennan

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