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Senior Actuarial Analyst

Bengaluru, KA
Job Code:
  • Insurance
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Job Details

Candidate Profile Candidates who have knowledge of actuarial processes with a strong background in data/databases. As the analyst in this role you will have a proven track record of delivering accurate results to agreed deadlines and have had exposure of working with a variety of data sources. You should have strong communication skills and have the ability to work independently. The successful candidate will provide data support to pricing and related actuarial and analytical services for the Global Commercial businesses.Key Responsibilities would includeWork closely with the pricing actuaries globally to understand business needs and be able to deliver creative solutionsAnalyze rate monitoring, retention, pricing, and reserving dataCommunicate with underwriting to research and resolve issues quickly and escalate issues appropriatelyPrepare actuarial reports to help business effectively manage existing portfoliosContribute to and support the team s best-practices frameworkTrain junior staffContinue pursuit of actuarial designationBe a strong team player and be able to lead a junior staff if requiredSupport other corporate requirements for Actuarial PricingPerform rate monitoring and profitability reviews and recommend actions on pricing and risk selectionDevelop segmentation analyses and build risk monitoring tools to help monitor and manage profitabilityMaintain existing pricing models and assist in technical pricing Position RequirementsBachelors or Master s degree in Actuarial Science, Mathematics, Statistics, Economics or related area.Candidates who are partly qualified with good examination progress (Casualty Actuarial Society and Institute/Faculty of Actuaries UK and India) or advanced degree in Mathematics, Statistics, and Economics will be preferred.3-6 years of actuarial experience in property and casualty insurance preferred. Pricing / Modeling experience and / or reserving experience necessary.Familiarity with US and European markets will be beneficialStrong analytical and problem solving skills.Work well both independently and as part of a team.Proficiency in Excel, Access, VBA, SAS, SQL or other programming languages with ability to query/model and/or automate tasks.Effective time management skill.Strong communication skills to liaise with business.Ability to train junior staff
Degree: MCA/ PGDCA

Additional Degree: BE/ B.Tech (Engineering)

Experience: 3-6


Database Administration (DBA) | Software Engineer
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