Senior Manager - Actuarial Reserving
- Bangalore, Karnataka
- Permanent
- Full-time
- Work closely with onshore actuaries throughout the reserving process, which includes data preparation, strategic analysis, and reconciliations.
- Analyze and document the reasons for changes in Actuals vs Expected by Region and Line of Business on a monthly and quarterly basis.
- Prepare Internal & External Audit reports and relevant Exhibits by sourcing, formatting, and aggregating data from multiple sources on a semi-annual basis.
- Validate Reserving Assumptions and selections in ResQ.
- Summarize Final exhibits like Triangles, Ultimates, and Loss ratios for Re-Insurance treaty sign-off.
- Handle ad-hoc requests from onshore and perform work with minimal assistance.
- Guide and support junior team members by instructing them on processes and resolving their doubts.
- Actively participate in developing the team's training needs and foster a culture of learning.
- Manage and assist a team of analysts in performing the above tasks and manage stakeholder relationships.
- Strong knowledge of analytical skills on large data and reserving techniques.
- Fellow Actuary from IAI or IFoA or SOA or CAS.
- Experience in P&C insurance is preferred.
- Strong knowledge of MS Office applications (especially Excel, SQL, VBA). Experience with BRIO, Qlik, ResQ, R, Power Query/Power BI is a added advantage.
- Preferably a Graduate/Postgraduate in Actuarial Science, Mathematics, Statistics, or Economics/Metrics.
- Strong analytical thinking and an eye for detail.
- Excellent communication skills to foster frequent stakeholder interactions.
- A team player with the ability to collaborate effectively to achieve team goals.
- A passion for continuous learning and a focus on building a long-term career.
- An innovative approach focused on adding value to existing processes.
- We offer an excellent study program to support those who pursue actuarial studies, including study leave and monetary benefits.
- Shift timing: 11:00 AM to 8:00 PM
- Work closely with onshore actuaries throughout the reserving process, which includes data preparation, strategic analysis, and reconciliations.
- Analyze and document the reasons for changes in Actuals vs Expected by Region and Line of Business on a monthly and quarterly basis.
- Prepare Internal & External Audit reports and relevant Exhibits by sourcing, formatting, and aggregating data from multiple sources on a semi-annual basis.
- Validate Reserving Assumptions and selections in ResQ.
- Summarize Final exhibits like Triangles, Ultimates, and Loss ratios for Re-Insurance treaty sign-off.
- Handle ad-hoc requests from onshore and perform work with minimal assistance.
- Guide and support junior team members by instructing them on processes and resolving their doubts.
- Actively participate in developing the team's training needs and foster a culture of learning.
- Manage and assist a team of analysts in performing the above tasks and manage stakeholder relationships.
- Strong knowledge of analytical skills on large data and reserving techniques.
- Fellow Actuary from IAI or IFoA or SOA or CAS.
- Experience in P&C insurance is preferred.
- Strong knowledge of MS Office applications (especially Excel, SQL, VBA). Experience with BRIO, Qlik, ResQ, R, Power Query/Power BI is a added advantage.
- Preferably a Graduate/Postgraduate in Actuarial Science, Mathematics, Statistics, or Economics/Metrics.
- Strong analytical thinking and an eye for detail.
- Excellent communication skills to foster frequent stakeholder interactions.
- A team player with the ability to collaborate effectively to achieve team goals.
- A passion for continuous learning and a focus on building a long-term career.
- An innovative approach focused on adding value to existing processes.
- We offer an excellent study program to support those who pursue actuarial studies, including study leave and monetary benefits.
- Shift timing: 11:00 AM to 8:00 PM