Duties and Responsibilities:
- Analyzing, optimizing and creating financial models that form the basis of insurance products.
- Providing thorough analyses of complex data - Technical price calculation for various lines of business using methods such as frequency-severity, GLMs etc.
- Implement, maintain and enhance pricing tools on the Radar platform, contribute to the design of Radar software enhancements
- Work together with pricing and underwriting teams to understand and ensure accurate delivery of their requirements
- Ensure the quality of pricing tool updates including peer reviewing and comprehensive testing -
- Collaborate effectively with IT on the integration of the pricing tools within IT landscape -
- Provide support on the various modeling initiatives and ensure proper documentation is in place -
- Contribute to the process improvement initiatives
Qualification, Experience and Skills:
- Master's degree in Actuarial Science/Statistics/Mathematics/B.Tech with good academic background -
- Student member of a recognized Actuarial Institute such as IFoA, IAI, SOA etc. and have cleared at least 5 actuarial exams -
- Minimum 5 years of relevant experience in P&C insurance domain (, experience of successfully working in close partnership with Pricing, Underwriting and IT teams
- Delivery of Radar solutions for multiple insurance products/lines - Proficient in Radar Base, knowledge in Radar's reporting functionality preferred and experience in deploying Radar models to a Radar Live environment constitutes an advantage
- Partnering mentality with the ability to build strong working relationships with peers, management and the business areas
- Strong programming skills: Excel, VBA, SAS, Python
- Good communication skills, both verbal and written, with ability to interact with customers from different geographical areas
- Good with Microsoft Office tools such as Excel, Access, Word, PowerPoint
- Possesses basic knowledge of SQL and can work with databases - Excellent analytical skills with attention to details - Ability to work within a team
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