Actuarial Analyst/Senior Analyst (Shaikpet)

Actuarial Analyst/Senior Analyst (Shaikpet)

06 Aug
|
Kshema General Insurance
|
Shaikpet

06 Aug

Kshema General Insurance

Shaikpet

- Assist in the development and implementation of pricing models and strategies

- Assist in the reserving process, ensuring compliance with regulatory requirements and internal policies.

- Work on the pricing for government business, including tenders.

- Analyse historical data, market trends, competitor results and actuarial methodologies, and customer behavior for actuarial decisions.

- Contribute to the development and refinement of actuarial models and methodologies.

- Collaborate with claims, finance and underwriting teams to provide insights from actuarial analysis.

- Support the actuarial team in regulatory filings, compliance and responding to audit/regulatory queries.

- Prepare detailed reports, presentations and visualisation tools to communicate actuarial analysis, results and recommendations to senior management.

- Work closely with data scientists to utilise spatiotemporal data and build granular and dynamic pricing algorithms.

- Work on implementation of new regulatory regimes like Ind AS 117 and Risk Based Capital (RBC).

- Stay updated with industry trends, regulatory changes,



and best practices in actuarial profession.

- Participate in cross-functional projects and initiatives as required.

Requirements

- Bachelor's degree in actuarial science, mathematics, statistics, commerce or a related field.

- Progress towards actuarial qualifications with a recognized actuarial body (e.g., IAI) is highly desirable.

- 1+ years of prior experience in an actuarial function within the insurance industry is advantageous.

- Proficiency in MS Office Suite, VBA, SQL and Python along with use of emerging technologies like GPTs and Power Platforms is desirable.

- Deep understanding of actuarial principles, regulatory environment, and product development processes.

- Strong analytical and problem-solving skills.

- Robust attention to detail and ability to handle complex data.

- Good communication skills, with the ability to present findings in a clear and concise manner.

- A team player with a proactive approach to tasks and projects.

📌 Actuarial Analyst/Senior Analyst (Shaikpet)
🏢 Kshema General Insurance
📍 Shaikpet

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