Actuary Role - General Insurance Business

Principal Duties/Responsibilities:

- Manage a team of actuarial analysts working in Reinsurance Pricing domain for International, North America and Specialty teams.

- Build multi-functional actuarial teams to broaden the operations.

- Build and execute efficient and sustainable operating strategy for the Actuarial team in Mumbai.

- Conceptualize projects and processes that can be transitioned to the Mumbai team and effectively delegate responsibilities within the team.

- Stakeholder Management - working with key stakeholders and managing their expectation regarding work assigned for actuarial analysis and other multi-faceted projects.

- Prepare and update workflow dashboard for the team and identify areas of improvements through KPIs.

- Perform actuarial analysis such as exposure rating and experience rating to help build loss model for client business, estimate reinsurance pricing, and determine optimal reinsurance structures given client risk profile and underwriting strategy.

- Estimate reinsurance pricing, and determine optimal reinsurance structures given client risk profile and underwriting strategy.

Required Qualifications, Skills, Knowledge, Experience:

Qualifications:

- Graduates / Post-graduates in any subject - preferably Maths / Stats / Eco / Commerce

- Should be a student member of anyone or more of the following institutes / societies:

a. Institute of Actuaries of India (IAI)

b. Institute of Actuaries - UK (IOA)

- Recently qualified as a fellow of the institute/s OR Nearly qualified - 11-12 Actuarial exams completed from anyone of the above institutes.

Knowledge/Experience:

- 8-10 years of experience in an Actuarial setup - preferably involving property and casualty insurance related actuarial work.

- Proven ability to build and manage multi-functional actuarial teams.