Executive/Senior Consultant - Actuarial Services - General & Life Insurance

Roles and responsibilities :

We are recruiting for an Executive in the Actuarial Services team. Working as an executive in this team, your responsibilities 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 actuarial reviews for PRA 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 in UK and build strong professional relationship

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

Essential skills required :

Education / professional qualifications :

Graduate/Post graduate with a strong background in mathematics and statistics

Please Note : (Mandatory)

Experience in General & Life Insurance business and finance. Member of Institute of Actuaries (UK) and/or Institute of Actuaries of India and must have passed at least 5 actuarial exams from either of these institutes (Except CT 9).