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KGS-RC-Executive | General Insurance | Non Life

Posted: 22 Oct 2018, 10:24
by ActuaryJobs
We are recruiting for an Executive in the Actuarial Services team. Working as an executive in this team, your responsibilities 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 bespoke 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
  • Communicate with engagement managers/Directors/partners in UK and build strong professional relationship
  • Provide regular updates to stakeholders and discuss solutions to potential problem areas
Essential skills required Education / professional qualifications Graduate/Post graduate with a strong background in mathematics and statistics Prior Experience: 1-5years of experience in Insurance business and finance. Member of Institute of Actuaries (UK) and/or Institute of Actuaries of India and must of passed at least 4 actuarial exams from either of these institutes.Project and Team management exposure
  • General knowledge of Insurance business and finance
  • Familiarity with spreadsheets, databases, statistical analysis programs
  • Strong analytical and problem-solving skills with attention to details
  • Candidate will be required to interact with colleagues in the US via email, written instructions, phone, or other online collaboration protocols
  • Excellent verbal and written communication skills.
Behavioral / team skills
  • Personal drive and positive work ethic to deliver results within tight deadlines and in demanding situations
  • Flexibility to adapt to a variety of engagement types, working hours and work environments and location
  • Team player; self-driven and ability to work independently

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Re: KGS-RC-Executive | General Insurance | Non Life

Posted: 22 Oct 2018, 10:47
by Dhwani
:x :D :D