Analyst/Sr Analyst| Actuarial Experience 2-4yrs|Mumbai Bengaluru

5 days ago

Bengaluru Mumbai, India Gryphon Hytech Services Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Role : Actuarial Experience

Designation :

  • Advisor
  • Senior Advisor
  • Analyst
  • Senior Analyst

Experience : 2-4 years

Location Mumbai and Bangalore

Work Mode : Hybrid, UK Shift

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*IMMEDIATE JOINERS ALERT*

We're looking for candidates who can *join immediately*.

If you're available, please *send your CV via WhatsApp only* to: * *

Please note: *No calls* will be entertained.

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Tools or Skills required

Cleared minimum 2 papers in Actuarial science, 2+ years of experience in General Insurance (Pension and Life insurance is not accepted). Should have exp in P&C, Reserving or Pricing. Should have willingness to be part of Actuarial team in long run. Stability in each Organization

Candidate Responsibilities:

The candidate will work in Reinsurance Reserving/Pricing teams for business lines like Property & Casualty, Motor, and/or Specialty lines like Aerospace and Marine. The teams provide Reserving/pricing of contracts and dynamic portfolio optimization for international clients, serviced via our international offices. The principal responsibilities for the candidate will be:

  • Data cleansing and processing to facilitate actuarial analysis
  • Assist on-shore stakeholders and Actuaries in performing Actuarial Reserving/Pricing Analysis such as Experience rating and Exposure rating for building a comprehensive, multi-dimensional loss model in accordance with client risk profiles and industry norms
  • Estimating reinsurance reserving/pricing and determining optimal Reinsurance Strategies
  • Prepare and provide reports and decks for the performed analyses
  • Contribute towards the Industry studies and Benchmarking activities, that aim at promoting Re as thought leader in reinsurance marketplace
  • Contribute to development of innovative concepts, tools or automating current process.

Skills:

The candidate will be expected to have the following skills:

  • Professional communication skills, both written and oral
  • Good understanding of insurance and reinsurance concepts
  • Strong analytical and problem-solving skills
  • Propensity to think beyond the assignment at hand and show ability to be detail oriented
  • Driven to take initiatives and challenging work
  • Ability to work collaboratively in teams
  • Ability to turn around work of professional quality within set deadlines
  • Excellent MS Office skills, particularly Excel is essential
  • Knowledge of VBA, SQL, Python, R, Power BI etc. is added an advantage

Qualification:

  • Graduate/Post-graduate, preferably in Stats/Maths/Eco/Commerce
  • A student member of any of the following institutes:

1) Institute of Actuaries of India (IAI)

2) Institute of Faculties of Actuaries UK (IFoA)

  • Minimum 2 Actuarial exams cleared as per the new Curriculum, along with zeal of pursuing the qualification further
  • A relevant internship or industry experience of 2 5 years will be an added advantage

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