Description
- Support quarterly and annual loss reserve analyses using actuarial best practices (such as Chain Ladder, Bornhuetter-Ferguson, Expected Loss Ratio, Cape Cod, Berquist Sherman, Frequency /Severity methods).
- Prepare and analyze loss development patterns, trend, tail factors, and large loss activity.
- Identify emerging issues and explain reserve movements, variability, and key drivers.
- Maintain reserving datasets and assist in building automated analytical workflows.
- Perform exploratory data analysis to identify emerging loss trends and anomalies.
- Perform roll-forwards, AvE summaries, and other reserving analysis.
- Support the timely preparation and submission of statutory and regulatory reports, basis jurisdiction.
- Prepare actuarial exhibits, documentation, and reserve memos for reserve committee packs.
- Work closely with claims, finance, underwriting, and actuarial teams to understand claim development patterns and business changes affecting reserves.
Responsibilities
- Support quarterly and annual loss reserve analyses using actuarial best practices (such as Chain Ladder, Bornhuetter-Ferguson, Expected Loss Ratio, Cape Cod, Berquist Sherman, Frequency /Severity methods).
- Prepare and analyze loss development patterns, trend, tail factors, and large loss activity.
- Identify emerging issues and explain reserve movements, variability, and key drivers.
- Maintain reserving datasets and assist in building automated analytical workflows.
- Perform exploratory data analysis to identify emerging loss trends and anomalies.
- Perform roll-forwards, AvE summaries, and other reserving analysis.
- Support the timely preparation and submission of statutory and regulatory reports, basis jurisdiction.
- Prepare actuarial exhibits, documentation, and reserve memos for reserve committee packs.
- Work closely with claims, finance, underwriting, and actuarial teams to understand claim development patterns and business changes affecting reserves.
Qualifica
📌 Business analyst-Actuarial Consultant (Gurugram)
🏢 EXL
📍 Gurugram