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Sr. Executive - Actuarial

2.00 to 7.00 Years   Mumbai City   19 Aug, 2020
Future Generali India Life Insurance Co Ltd
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryInsurance
Functional AreaSales / BD,Acturial Science
EmploymentTypeFull-time

Job Description

Purpose of Role: Strong knowledge of Actuarial Non-Life Valuation/Pricing Education: Bachelor s or Master s I Statistics, Mathematics, Social Science, Finance, Business management with minimum 3 Actuarial papers Work Experience:

  • Minimum 2 years of experience in actuarial pricing/valuation and well versed with excel, word, R and SAS.
Primary Responsibilities:
  • Interpreting the results by identifying the patterns and trends in data
  • Provide support to a team by producing summary with computations and all findings and significant movements
  • Supporting actuarial team to establish business needs by actively involving in the team s activities and ensure timely delivery of requirements
  • To conduct, review and report the monthly reserving for various General Insurance lines of business. Communicate clearly all findings and significant movements in any of the portfolios to finance and all key stakeholders every month
  • Active involvement in preparation of Valuation/Pricing reports, FU and other necessary documents to facilitate product approval from IRDA
  • Create and review excel and/or EMBLEM models for pricing and profit testing
  • Conduct and review with the team the quarterly and annual IRDAI regulatory reporting tasks
  • Documentation of all the process and internal activities and checks
Competencies:
  • Data Analysis and Data Mining
  • Statistical Analysis Software s (R, SQL, SAS)
  • Knowledge of General insurance market and IRDAI regulations
  • Strong Communication skills
,

Keyskills :
strong communication skillsdata miningdata analysisbusiness managementmessaging platformscommunication skillsstatistical analysisregulatory reportingsassqlwordexcel

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