Manager/Sr. Manager - Reserving

Location: India
Discipline: Insurance Analytics
Job type: Permanent
Contact name: Supriya Sharan

Contact email: supriya.sharan@crescendogroup.in
Job ref: 38475
Published: 12 months ago

 

Manager/ Sr. Manager- Actuarial-Reserving , GI-P&C (4-8+ Years)

A role of Insurance in Property and Casualty-Actuarial with leading, global insurance brokerage. We are looking for a candidate with 4-8+ Years of experience in Actuarial Reserving from General Insurance, P&C background. Candidate should be NON-Life Background. Should have cleared minimum 5 Actuarial Science papers.

Location: Gurgaon

Your Future Employer:

It is a Global leading operations management and analytics company that helps businesses enhance growth and profitability in the face of relentless competition and continuous disruption.

Responsibilities:

  • Doing independent research, analyze, and present data as assigned

  • Expected to work in close collaboration with the team and clients on non-life insurance actuarial projects for UK & US markets

  • Critically examine and deep dive into models and identify possible areas of testing

  • Conduct comprehensive testing and validation of actuarial models such as unit testing, Regression testing, user acceptance testing etc.

  • Build automated models (Test ware/challenger Model) in MS Excel or any other suitable platform to test the output of actuarial models.

  • Prepare detailed end-to-end documentation for the models developed and testing done

  • Assist in learning and development of new team members

  • Identify and participate in continuous improvement initiatives

  • Ensure compliance with Data Privacy and Protection Guidelines.

  • Complete understanding of the current state of affairs and problem statement.

  • Interacting with clients on regular basis, understanding their requirements and providing actuarial solutions.

  • Model testing and validation for US & UK non-life insurance products

  • Knowledge of pricing related exercises such as rate adequacy testing, market research, stress testing etc.

  • For Reserving profile: Assisting clients with reserving on complex general insurance lines of business, resolving management and auditors’ queries, development of risk analysis tools

  • Setting up technical provisions for the purpose of solvency II balance sheet.

  • Excellent written and verbal communication skills.

Requirement:

  • Bachelor’s/Master's degree in economics, mathematics, actuarial sciences

  • Affiliation to IAI or IFOA, with exam criteria. Minimum 4 papers. CS2 is preferred for Reserving.

  • 3+ years’ experience

  • Prior Knowledge of US & UK non-life insurance products is added advantage

  • Experience with Excel,SQL,VBA is preferred and knowledge of Python, SAS is added advantage

  • Strong ability to learn technical and Business knowledge

  • Superior analytical and problem-solving skills

  • Outstanding written and verbal communication skills

  • Able to work in fast pace continuously evolving environment and ready to take up uphill challenges

  • Is able to understand cross cultural differences and can work with clients across the globe

What is in it for your:

  • Opportunity to work in a very entrepreneurial team.

  • Flexible benefits to suit your lifestyle.

Reach Us:

If you think this role is aligned with your career, kindly write me a mail along with your update’s CV on supriya.sharan@crescendogroup.in.


Disclaimer: Crescendo Global is an ISO 9001:2015 certified Leadership Hiring consulting arm of Crescendo Group with expertise in mid to senior level niche recruitment.

We are passionate about empowering job seekers and employers with an engaging memorable job search and leadership hiring experience. Crescendo Global does not discriminate on the basis of race, religion, color, origin, gender, sexual orientation, age, marital status, veteran status or disability status.

Note: We receive a lot of applications on a daily basis, so it becomes a bit difficult for us to get back to each candidate. Please assume that your profile has not been shortlisted in case you don't hear back from us in 1 week. Your patience is highly appreciated.

Profile Keywords - Crescendo Global, Crescendo, Actuary,ActuarialScience,Actuarial,IFOA, Reserving, Property,Casualty,P&C