Advisor/Senior Advisor - Actuarial

Advisor/Senior Advisor - Actuarial

Role: Actuarial Experience

Qualification: Graduation

Experience: 1-8 years

Incentives: Yes

Transport: Yes

Work Mode: Hybrid, UK Shift (2:30 Pm - 10:30 Pm)

Week off: Sat & Sun

Skills set: Any experience from Pension, Retirement, Life Insurance, Health Insurance, Employee benefits and Valuation

Tools or Skills required:

Cleared minimum 2 papers in Actuarial science, 1+ years of experience in General Insurance Should have exp. in P&C, Reserving or Pricing.

Should have willingness to be part of Actuarial team in long run.

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 company 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

- A member of any recognized Actuarial institute like Institute of Faculties of Actuaries - UK (IFoA), Institute of Actuaries of India (IAI), etc.

- 3-6 Actuarial exams cleared as per the new Curriculum, along with zeal of pursuing the qualification further.

- Excellent MS Office skills, particularly Excel is essential.

- Knowledge of VBA, SQL, Python, R, Power BI 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

About the Team:

The team currently caters to clients that provide insurance and reinsurance services through the US Market, London Market and Llyod's Syndicates. With a current strength of 30 analysts, the team aims at delivering high quality services in the most efficient and effective manner possible by assisting the stakeholders and Actuaries in performing pricing and other analysis.