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Actuarial Analyst, Strategic Risk Consulting

3.00 to 5.00 Years   Mumbai (Maharashtra), Gurgaon (Haryana)   14 May, 2025
Job LocationMumbai (Maharashtra), Gurgaon (Haryana)
EducationMBA/ PGDMAny Graduate
SalaryAs per Industry Standards
IndustryConsulting Services
Functional AreaBanks/Insurance/Financial Services
EmploymentTypeFull-time

Job Description

P&C Pricing and Optimisation

  • Help clients to optimise their insurance strategy by ensuring that the price they pay is optimum for the level of risk being transferred.
  • Construct forward looking actuarial loss forecast models for corporations across all geographies and industries.
  • Produce strategic recommendations based on model results to help clients manage their risks more effectively.
Capital Modelling and Solvency II
  • Providing an objective view of the profitability and financial strength of captive insurers.
  • Actively contribute to the Actuarial Function of these Captive Insurers and review their Solvency Capital Requirements (SCR) and Technical Provision (TPs), periodically.
  • Assist in developing assumptions, and challenging them where required, to ensure a robust risk management framework.
  • Support ongoing compliance with regulations and timely completion of regulatory returns across a number of domiciles.
P&C Reserving
  • Work collaboratively with fellow colleagues to produce actuarial reserving analysis for both our corporate clients and captive insurance clients.
  • Write client deliverables / reports in a clear, concise and appropriate style.
Aside from the core activities described above, the successful candidate will also be expected to assist with ad-hoc projects which could include, but are not limited to:
  • Bespoke modelling.
  • Development of modelling tools.
  • Assisting with client pitches and Request for Proposals (RfPs).
  • Researching prospects and markets.
  • ERM projects.
The successful candidate will receive training and study support within a stimulating, multi-disciplined team of actuaries and other risk professionals to develop their technical, commercial and management skills.
  • Highly numerate with a recognised degree.
  • Spoken and written English must be at native speaker level. Spanish would be a bonus.
  • A commitment to pursuing actuarial qualifications.
  • Excellent MS Office skills.
  • Proficiency in one of R/R Shiny, Python, Power BI, RADAR, Igloo, and ResQ.
  • Strong communication skills.
  • A natural team player and ready to do whatever it takes to deliver high quality services to our clients, on time.
  • Willingness to travel to both Mumbai and Gurugram offices.
Locations: Gurgaon, Haryana, India

Keyskills :
actuarial modeling risk management client deliverables regulatory compliance data analysis management skillsstrong communication skillsoffice skillstravel

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