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Senior Manager - Actuarial Reserving

Senior Manager - Actuarial Reserving

ConfidentialBengaluru / Bangalore
30+ days ago
Job description

Senior Manager / Manager & Actuary – RESERVING TEAM

Location : Bengaluru, India

Job Summary

This is an opportunity to be part of a well-established and growing team that supports the Reserving & Reserve Reviews Process .

We are looking for a Manager / Senior Manager with 10-12 years of experience in the P&C Insurance business and a Fellow Reserving Actuary . The ideal candidate is a self-learner and a strong team player.

Responsibilities

  • Work closely with onshore actuaries throughout the reserving process , including data preparation , strategic analysis , and reconciliations .
  • Analyze and document the reasons for changes in Actuals vs Expected by Region and Line of Business on a monthly and quarterly basis.
  • Prepare Internal & External Audit reports and relevant Exhibits by sourcing, formatting, and aggregating data from multiple sources on a semi-annual basis.
  • Validate Reserving Assumptions and selections in ResQ .
  • Summarize final exhibits like Triangles , Ultimates , and Loss ratios for Re-Insurance treaty sign-off .
  • Handle ad-hoc requests from onshore and perform work with minimal assistance.
  • Guide and support junior team members by instructing them on processes and resolving their doubts.
  • Actively participate in developing the team's training needs and foster a culture of learning.
  • Manage and assist a team of analysts in performing the above tasks and manage stakeholder relationships .

Required Knowledge, Skills, and Qualifications

  • Strong knowledge of analytical skills on large data and reserving techniques .
  • Fellow Actuary from IAI , IFoA , SOA , or CAS .
  • Experience in P&C insurance is preferred.
  • Strong knowledge of MS Office applications (especially Excel , SQL , VBA ). Experience with BRIO , Qlik , ResQ , R , Power Query / Power BI is an added advantage.
  • Preferably a Graduate / Postgraduate in Actuarial Science , Mathematics , Statistics , or Economics / Metrics .
  • Strong analytical thinking and an eye for detail .
  • Excellent communication skills to foster frequent stakeholder interactions .
  • A team player with the ability to collaborate effectively to achieve team goals.
  • A passion for continuous learning and a focus on building a long-term career.
  • An innovative approach focused on adding value to existing processes.
  • Actuarial Study Program

    We offer an excellent study program to support those who pursue actuarial studies, including study leave and monetary benefits .

    Note

  • Shift timing : 11 : 00 AM to 8 : 00 PM
  • Skills Required

    Reserving Techniques, Actuarial Analysis, P&C Insurance

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