AIG has an immediate opening for Actuarial Analyst at Manager level to be based at Bangalore . Exposure to Property n Casualty in Insurance domain will be a distinct plus.
Profile:
Partly qualified actuaries with very good understanding and knowledge of non-life (property & casualty) actuarial analytics functions. As managing actuary, you will be supervising a team of actuarial personnel performing actuarial studies and statistical analysis of data such as rate indications, profitability study, model development etc. You should have proven track record of leading actuarial team in delivering accurate results to agreed deadlines. You should have good communication skills and have the ability to work on own initiative with strong technical and leadership skills. Responsibilities include providing technical oversight and guidance to staff and coordinate actuarial projects, ensuring effective staff training/cross training, team expansion and hiring, evaluate staff performance, compensation management, and teams- career management. The successful candidate will manage the developments and implementation of actuarial reports and process to align group performance with business needs and goals with the primary focus on following:
- Work closely with the casualty pricing functional managers globally to understand business needs and deliver creative solutions
- Perform profitability reviews and recommend actions on pricing and risk selection
- Develop segmentation analyses and build risk monitoring tools to help manage profitability
- Build new pricing models as needed, and update and maintain existing pricing models
- Prepare rate monitoring, AQI and actual versus expected monthly and quarterly reports
- Transactional Pricing - prospective loss estimates for large clients.
Qualifications n Exp:
- Member of international affiliated actuarial organization (CAS, IoA - UK, IoA- India etc.) with good examination progress.
- A strong quantitative background with major in mathematics, statistics, econometrics
- Strong analytical and problem-solving skills
- Proficiency in Excel, Access, VBA, SAS, SQL or other programming languages strongly preferred.
- Excellent communication, presentation, and interpersonal skills with customer focus
Preferred Exp: 7+ yrs post qualification
If you are keen pls revert with your updated resume. Compensation will be competitive and shall not be a constraint.
This is an urgent indent, hence prompt response will be appreciated. AIG is amongst the best employer globally.
Ajay
M-09810105767
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