Description

Roles and Responsibilities

We are recruiting a Non-life (General Insurance) Assistant Manager in the Actuarial Services team. The responsibilities of Assistant Manager will include:

- Work as a core member of the actuarial team and contribute to make it a centre of excellence

- Analyse the historical claims data and identify potential issues and trends and document the findings

- Build MS-excel based actuarial tools and be able to use triangulation methods for the purpose of estimating outstanding loss reserves for various (Re)insurance companies.

- Work on Statement of Actuarial Opinions (SAO) and actuarial audits of clients

- Review data, methodologies, assumptions, results and benchmark against market

- Reconcile results from previous year and compare with clients’ results

- Review Nonlife pricing models and carry out bespoke modelling

- Assist with Solvency II Technical provisions / Economic Balance Sheet actuarial reviews for regulatory submission requirements

- Validate consistency across regulatory submissions

- Assist client with understanding and implementing the new regulations e.g. Solvency II, IFRS, etc.

- Provide transaction and due diligence support to the client

- Provide assistance with actuarial system transformation

- Assist with actuarial review of Economic capital requirements

- Make proper commentary on the results/findings and prepare the summary report

- Assist senior members of the team in day-to-day management activities including MI reporting

- Actively participate in engagement team meeting

- Communicate with engagement managers/Directors/Partners of the onshore team and build strong professional relationship

- Provide regular updates to stakeholders and discuss solutions to potential problem areas

#KGS

Responsibilities

Roles & Responsibilities :​

We are recruiting a Non-life (General Insurance) Assistant Manager in the Actuarial Services team. The responsibilities of Assistant Manager will include:





- Work as a core member of the actuarial team and contribute to make it a centre of excellence

- Analyse the historical claims data and identify potential issues and trends and document the findings

- Build MS-excel based actuarial tools and be able to use triangulation methods for the purpose of estimating outstanding loss reserves for various (Re)insurance companies.

- Work on Statement of Actuarial Opinions (SAO) and actuarial audits of clients

- Review data, methodologies, assumptions, results and benchmark against market

- Reconcile results from previous year and compare with clients’ results

- Review Nonlife pricing models and carry out bespoke modelling

- Assist with Solvency II Technical provisions / Economic Balance Sheet actuarial reviews for regulatory submission requirements

- Validate consistency across regulatory submissions

- Assist client with understanding and implementing the new regulations e.g. Solvency II, IFRS, etc.

- Provide transaction and due diligence support to the client

- Provide assistance with actuarial system transformation

- Assist with actuarial review of Economic capital requirements

- Make proper commentary on the results/findings and prepare the summary report

- Assist senior members of the team in day-to-day management activities including MI reporting

- Actively participate in engagement team meeting

- Communicate with engagement managers/Directors/Partners of the onshore team and build strong professional relationship

- Provide regular updates to stakeholders and discuss solutions to potential problem areas

#KGS

Qualifications

Educational qualifications & Work experience​

Qualifications: Graduate/Post graduate with a solid background in mathematics and statistics

4-7 years of experience in Insurance business and finance in Actuarial role. Member of Institute of Actuaries (UK) , SoA and CAS of US and/or Institute of Actuaries of India and must have passed at least 6 actuarial exams from any of these institutes.

📌 Assistant Manager Non Life Actuarial (Gurugram)
🏢 BSR u0026
📍 Gurugram