11 Aug
|
Artex Risk Solutions
|
Mumbai
11 Aug
Artex Risk Solutions
Mumbai
Job Summary
We are looking for a credentialed actuary with 8+ years of experience in the Property and Casualty domain to join Gallagher as the Head of Retail Actuarial Team. The ideal candidate will possess a solid mix of technical skills, along with strong leadership experience in building and managing high-performing actuarial teams.
Responsibilities
- Technical Responsibilities (Pen Underwriting): Partner with underwriting, claims, and external stakeholders to support sustainable portfolio profitability and informed decision-making.
- Develop, enhance, and maintain pricing models across various Financial Lines underwriting divisions.
- Evaluate the impact of underwriting actions, rate changes, retention, and new/lost business to provide actionable insights.
- Apply sound reserving principles and collaborate with reserving teams to ensure alignment between pricing, performance monitoring, and reserving views.
- Oversee quarterly delivery of Profit Commission and Claims Handling Provision calculations, ensuring accuracy and timeliness for executive reporting.
- Contribute to development of innovative concepts, tools, and automating reserving/pricing processes, including streamlining underlying sources of data and databases.
- Manage competing stakeholder priorities and ensure delivery of timelines through effective planning and coordination.
- Lead end-to-end project execution across actuarial initiatives, including scoping, resource planning, progress tracking, and stakeholder communication.
- Leadership Responsibilities: Lead and develop a team of 20+ actuaries, drive high performance, engagement, and continuous career progression.
- Foster a culture of ownership and accountability, empowering teams to deliver independently without micromanagement.
- Manage and influence stakeholders across geographies and Gallagher entities, building robust relationships,
and ensuring alignment with business priorities.
- Present insights and recommendations to senior stakeholders and play a key role in onboarding new business areas and expanding actuarial support.
- Providing technical leadership and mentorship across teams, including supporting onboarding new hires and scaling newly established or pilot teams.
- Promote a cooperative working environment across pods and with other business functions, ensuring effective cross-functional development.
- Partner with Talent Acquisition to support hiring, employer branding, and building a strong actuarial talent pipeline.
- Drive internal initiatives focused on team development, identifying capability gaps, and implementing structured solutions to address them.
- Champion innovation within the team, including supporting the adoption of new tools, technologies, and AI-driven initiatives.
Qualifications / Skills Required
- Relevant experience in PC domain.
- Having worked on a wider range of geographies and lines of business is an added advantage.
- Progress towards Actuarial fellowship from a recognized institution.
- Having accreditation is ideal.
- Proficiency in Microsoft Suite (Excel in particular), including the ability to work with large datasets.
- Programming skills (R, Python, SQL) would be a nice-to-have.
- Strong analytical skills with the ability to interpret data and draw meaningful insights.
- Ability to work collaboratively in a team environment and adapt to changing priorities.
- Strong leadership skills and a collaborative outlook.
- Good business acumen for the world of insurance.
- Strong organizational skills and ability to build systems and processes.
Disclaimer : This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
📌 Senior Manager - Risk Analytics - Actuarial (Mumbai)
🏢 Artex Risk Solutions
📍 Mumbai