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General Insurance - Manager/Associate Actuarial


Axiom Pursuits


Location

Pune | India


Job description

Job Description-Manager/Associate Actuarial

About Our Client Company

Our client is one of the leading general insurance companies in India with head quarter in Pune, India. Our client company writes insurance business for various lines of business such as motor insurance, health insurance, travel insurance, property insurance, marine insurance, aviation insurance, crop insurance, etc.

The actuarial team of company is deeply involved in analyzing all lines of business and help the management and underwriters to assess and underwrite the risks appropriately, so as to reduce the risk for the customer as well as the company.

We are looking for a candidate who can help in analyzing data and creating insightful reports for various departments or Senior Management.

The candidate would be expected to use various statistical tools and methods to analyze the data and apply actuarial principles to assess various facets that impact the business.

An experienced candidate would also be expected to come up with innovative ideas and solutions to the problems at hand and be able to supervise junior members of the team on various tasks, as and when required.

Company size: 5,001-10,000 employees

Headquarter: Pune, Maharashtra

Preference will be given to applicants that can start within 30 days! For questions please feel free to reach out to [HIDDEN TEXT].

What You Will Do

The candidate would be hired as Suitable Candidates in Actuarial depending on the previous experience. Candidate's responsibilities would include:

Computing IBNR reserves and other statistical reserves

Pricing products and/or quotes

Preparing or supporting with reports for regulatory submissions

Collecting and evaluation information and summarizing the same for use in further analysis

Developing and refining existing models to assess various key performance indicators (KPI)

Using KPIs to help in risk segmentation and appropriate pricing of insurance policies

Any other duties, as per the requirement from the Actuarial team

Experience Required For Manager

  • 3 to 5 year in GI Actuarial Experience

Experience Required. For Associate

  • For entry level 1-2 yrs Actuarial experience , GI experience not mandatory

Mandatory for both position: Minimum 3 to 5 CTC Papers cleared.

Skills: actuarial principles,computing ibnr reserves,collecting and evaluation information,3-5 ct papers


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