Actuarial Analyst

Urgent Opening with Big 4

Actuarial Analyst

Exp- 1- 5 years

Should have cleared CM 2

Should have exp in pricing + Reserving (Exp / knowledge / Trainable)

Roles & Responsibilities :

• Non-life (General Insurance) Assistant Manager in the Non-life (General Insurance) Senior in the Actuarial Services team. The responsibilities of Senior will include :
• Work as a core member of the actuarial team and contribute to make it a center of excellence Analyze 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 be spoke modeling 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