Actuarial Analyst

Job Title: Actuarial Analyst (Contract Role)

Location: Bengaluru (Onsite)

About the Team

Part of pricing & underwriting services team with around 80+ members between Actuarial and Underwriting teams located in Bangalore. This role will be supporting SEA for reinsurance pricing - actuarial and experience studies.

Objective of Role

To support the SEA Pricing services team, by providing technical expertise in respect of product pricing, experience studies and other initiatives.

Key Accountabilities

• Work on Experience studies for APAX Market

• Assist peers in reporting ES results to management at Asia level for key treaties/benefits on monthly/quarterly basis

• Work with data and system teams for any change in the data hand-shake process for various treaties from experience studies point of view

• Work with Global team to develop/steer new platform developments

• Work with regional Pricing services team on new model development for ES

• Come up with ideas for automating and improving current processes

• Help peers to carry out periodic validation of the ES codes to ensure adherence to best practices and to control code proliferation

• Always ensuring the adherence to pricing guidelines and standard methodologies, and their consistent application.

Key Skills & Knowledge

• Excellent technical knowledge in all areas of pricing, experience studies and product development and fundamental knowledge of the products and services offered by insurers/reinsurers.

• Ability to apply actuarial judgement in a commercial environment.

• Good understanding of actuarial standard methodologies.

• Knowledge of actuarial L&H modelling and data analytical software's: SAS and R

• Organization, prioritization and planning skills.

• Knowledge of L&H actuarial modelling and data analytical software's.

Candidate Requirements

• Basic understanding of actuarial product design, pricing, and/or experience studies; familiarity with actuarial pricing tools and data workflows is preferred.

• Good progress in actuarial exams (1-3 exams) from a recognized actuarial institute.

• Skills in data analysis (SAS/R preferred) with the ability to work independently on deliverables would be an add-on.

• Strong time management and prioritization skills to meet tight timelines in a dynamic environment.

• Excellent interpersonal, communication and influencing skills.