Full-Time
Bangalore
Posted 10 months ago

About Us

ACKO is India’s first and only fully-digital Insurtech (product) company to have taken insurance by storm. You might have seen our cool ads or are already a customer and we hope you have noticed how we are rewriting the rules of the insurance game constantly and persistently.

Based out of Bangalore, we are solving for the Indian market. But we are a part of a global wave of insurtech startups such as ZhongAn in China , Oscar, Lemonade, Metromile in the US, that are known to succeed owing to their business models and technology.

We are a unicorn backed by a slate of marquee investors like Binny Bansal, Amazon, Ascent capital, Accel, SAIF, Catamaran, General Atlantic and Multiples. In only four years since our inception and operations, our products have reached ~75M unique users. We have partnered with some of the biggest names of the digital ecosystem such as Amazon, Ola, RedBus, Oyo, Lendingkart, ZestMoney, GOMMT group etc.

At ACKO, job roles are focused at impact and we’re here to transform the way the industry operates. Innovation drives us and our products, and we are poised to disrupt insurance, powered by our pioneering products. We have changed the landscape of this age old sector in a growing economy like India and have miles to go from here.

After having crossed the $1B valuation mark, our eyes set on even bigger milestones. If you think we’re just about growth and numbers, employee wellbeing lies at the core of all our programs and policies. We are a regular ‘Great Place to Work’ winner and consistently feature on Linkedin’s list of top startups. Currently 1000 strong, we are hiring across all functions.

Job Description

Join the Acker Club (Acko team)

Powered by digital innovation, ACKO is disrupting and rejigging the insurance space. We are India’s first

and only all-digital Insurtech product company, and after planting our feet firmly on the ground we are

looking for talent to help us fly.

Why should you join us?

Let’s cut to the chase. We are changing the rules of the game and giving it quite a facelift, wouldn’t you like

to be a part of this evolution? Besides, we are also ‘Great Place to Work’ certified and consistently feature on

Linkedin’s list of top startups. Currently 700 strong, we are growing at an unstoppable pace and would love

for you to join the force.

What You Will Do

 

  • Reserving for different lines of business, analyzing the performance of various LOBs, ensuring reserve adequacy, calculating margin for adverse deviations, etc.
  • Develop actuarial models for liability valuation, ALM, etc.
  • Assist the leaders to manage activities such as policyholders’ liability valuation, capital management, regulatory actuarial submissions and actuarial Board submissions.
  • Coordinate with other function heads such as Finance, Claims, Underwriting, etc. to streamline the daily operations
  • Coordinate with Product, Technology and Analytics teams to build automated data structures and reports for corporate actuarial models
  • Conduct solvency projections and raise capital requirement calls

Who We Are Looking For

 

  • 0-2 years of experience in reinsurance or/and reserving
  • Sharp analytical mind, someone who enjoys thinking on their feet and devising innovative solutions to complex problems
  • Keen attention to detail
  • Great stakeholder management skills (both internal and external)
  • Above-average educational background

Apply Online