We are looking for an Actuarial Expert with experience in core reserving.
Exp : 2yrs to 9yrs
Location : Trivandrum/Pune(Hybrid)
Mandatory Skills: Reserving, Res Q, Python Or R programming skills
Overview:
You are passionate about using actuarial insight to support better commercial decision‑making and take pride in producing analysis that is accurate, well‑governed and decision‑ready.
With experience in Pricing and/or Reserving, you bring strong actuarial judgement, attention to detail and a disciplined approach to applying actuarial standards. You are comfortable working with uncertainty, explaining results clearly, and constructively challenging existing approaches where appropriate.
You are a strong team player who collaborates well across functions, supports the development of junior colleagues, and is able to step in to provide cover and continuity when required.
We're looking for:
- A strong actuarial background (qualification desirable)
- Significant experience in Pricing and/or Reserving, with valuation and claims development expertise
- Excellent working knowledge of actuarial methods and principles
- Advanced proficiency in Excel, and strong capability in data manipulation using tools such as Python and/or SAS, and actuarial tooling (e.g. ResQ)
- Strong attention to detail and commitment to actuarial standards, governance and documentation
- Comfortable challenging the norm constructively and supporting continuous improvement.
The Details
- Deliver valuation and reporting outputs that support the Pricing Best Estimate (PBE) and Pricing's independent view of claims costs.
- Develop and maintain claims development analysis (including claims triangles) and assess past and projected ultimate claims costs.
- Analyse and manipulate data using appropriate actuarial and data tools (e.g. ResQ, SAS, Python, advanced Excel) to ensure outputs are accurate, controlled and repeatable.
- Produce clear commentary and presentation material to support senior forums, including Insurance Committee, Trade Committee and Pricing & Underwriting forums.
- Apply strong actuarial standards and governance, including documentation of methods, assumptions, checks and limitations.
- Work closely with Reserving, Finance, Claims and Data to ensure assumptions and methodologies are robust, understood and consistently applied.
- Mentor and support junior members of the team through technical guidance, review and knowledge sharing.
- Deputise for the Pricing Valuation and Reporting Manager when required to ensure continuity of delivery and stakeholder engagement.
Disclaimer: At Allianz Services, we believe in fostering an inclusive workplace and in giving fair and equitable opportunities to all our employees, so everyone can succeed. We, the Allianz Services India community, welcome applications from all regardless of gender identity and/or expression, sexual orientation, race or ethnicity, age, nationality, religion, disability, or philosophy of life.
