Experience
Salary
Location
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
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