P&C – Actuarial Consultant
Mnc

Experience

1-3 Years

Salary

15-25 Lakhs

Location

Maharashtra- Mumbai
Posted - 0 days ago
Applications - 0
Vacancies- 10
The candidate will work in Reinsurance Reserving/Pricing teams for business lines like Property & Casualty, Motor, and/or Specialty lines like Aerospace and Marine. The teams provide Reserving/pricing of contracts and dynamic portfolio optimization for international clients, serviced via our international offices.
Job Description

The principal responsibilities for the candidate will be: 

  • Data cleansing and processing to facilitate actuarial analysis 

  • Assist on-shore stakeholders and Actuaries in performing Actuarial Reserving/Pricing Analysis such as Experience rating and Exposure rating for building a comprehensive, multi-dimensional loss model in accordance with client risk profiles and industry norms 

  • Estimating reinsurance reserving/pricing and determining optimal Reinsurance Strategies 

  • Prepare and provide reports and decks for the performed analyses 

  • Contribute towards the Industry studies and Benchmarking activities, that aim at promoting Gallagher Re as thought leader in reinsurance marketplace  

  • Contribute to development of innovative concepts, tools or automating current process. 

 

Skills: 

The candidate will be expected to have the following skills: 

  • Professional communication skills, both written and oral 

  • Good understanding of insurance and reinsurance concepts 

  • Strong analytical and problem-solving skills 

  • Propensity to think beyond the assignment at hand and show ability to be detail oriented 

  • Driven to take initiatives and challenging work 

  • Ability to work collaboratively in teams 

  • Ability to turn around work of professional quality within set deadlines 

  • Excellent MS Office skills, particularly Excel is essential 

  • Knowledge of VBA, SQL, Python, R, Power BI etc. is added an advantage 

Qualification: 

  • Graduate/Post-graduate, preferably in Stats/Maths/Eco/Commerce 

  • A student member of any of the following institutes: 

  • Institute of Actuaries of India (IAI)  

  • Institute of Faculties of Actuaries – UK (IFoA) 

  • Minimum 2 Actuarial exams cleared as per the new Curriculum, along with zeal of pursuing the qualification further 

  • A relevant internship or industry experience of 2 – 5 years will be an added advantage 

 

Designation

P&C - Actuarial Consultant

Key Skills
Property ManagementStatistical AnalysisValuation Techniques
Industry

Insurance

Functional Area

Insurance

Employment Type

Full Time

Education

Graduation/Diploma

Job Type

Work From Office

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