Property & Casualty (P&C;) Actuary – IFRS 17, Reserving, Pricing & Capital Modelling Location: Flexible / Hybrid
Employment Type: Full-Time
Experience: 3–10+ Years
Our client, a leading global consulting and skilled services organisation, is seeking experienced P&C; Actuaries to join its growing actuarial practice. This is an excellent opportunity to work on complex actuarial engagements across the insurance sector, supporting leading insurers on regulatory transformation, financial reporting, pricing, reserving, and capital modelling initiatives.
The role offers exposure to large-scale transformation programmes, cross-functional collaboration, and the latest actuarial modelling technologies.
Support the implementation, enhancement, and maintenance of IFRS 17 reporting frameworks.
Perform actuarial calculations including fulfilment cash flows, risk adjustment, and Contractual Service Margin (CSM).
Collaborate with finance, accounting, and technology teams to ensure accurate and timely reporting.
Contribute to the automation and optimisation of IFRS 17 processes and actuarial models.
Perform reserve analyses across multiple Property & Casualty insurance portfolios.
Apply recognised actuarial reserving techniques, including Chain Ladder, Bornhuetter-Ferguson, Expected Loss Ratio, and stochastic methods.
Prepare actuarial reports supporting management and regulatory requirements.
Develop, review, and enhance pricing models for commercial and personal lines of business.
Analyse claims experience, exposure, frequency, and severity trends.
Support portfolio profitability analysis and pricing strategy.
Provide actuarial insights to underwriting and product teams.




Capital Modelling & Risk
Develop and maintain economic and regulatory capital models.
Perform stress testing, scenario analysis, and risk quantification.
Support ORSA and enterprise risk management initiatives.
Assist with reinsurance analysis and capital optimisation projects.
Data & Analytics
Analyse large insurance datasets to generate actuarial insights.
Build, validate, and maintain actuarial models using modern analytical tools.
Automate actuarial processes and reporting.
Support data quality and governance initiatives.
Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, Economics, Engineering, or a related quantitative discipline.
~ Progress towards or completion of a recognised actuarial qualification (IFoA, CAS, SOA, Institute of Actuaries, or equivalent).
~3–10+ years of experience in Property & Casualty actuarial roles.
~ Strong understanding of general insurance principles and actuarial methodologies.

Experience in one or more of the following:
Python
SQL
SAS (preferred)
VBA
Power BI or Tableau
Radar, ResQ, Emblem, Prophet, Tyche, or similar actuarial software
Preferred Experience
IFRS 17 implementation or reporting projects.
General insurance consulting or insurer experience.
Capital modelling and regulatory reporting.
Actuarial transformation programmes.
Collaborative approach and commitment to delivering high-quality client outcomes.
Exposure to high-impact actuarial and regulatory transformation projects.
Strong career progression and professional development opportunities.
Competitive compensation and comprehensive benefits.

📌 Experienced Analysis Actuary (Maharashtra)
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📍 Maharashtra