#206 Swiss Re – Pricing Actuary
- Have a clear independent view on current pricing or loss adequacy driven by data analysis
- Collaborate with customers and team members to develop a pricing view in and represent and develop compelling recommendations
- Translate details into impactful Executive reports with effective communication
- Translate profitability findings into corrective actions on costing models and parameters.
- Build and maintain costing parameters and tools in accordance to Swiss Re Group standards and business needs.
- Use of actuarial and statistical models to find trends and insights that can be used for risk selection or differentiation, and costing improvements
- A minimum of 4 years of experience in P&C commercial insurance. Good knowledge of Property and Casualty products in APAC markets.
- Experience in commercial insurance pricing, portfolio profitability analysis and costing model and tool development. Know-how of reinsurance treaty pricing would be an additional advantage.
- Familiarity with reserving techniques and can confidently operate between the two (reserving and costing) views, sufficiently identifying parallels and divergences in developing an independent costing assessment.
- Exposure to market/LOB portfolio ownership, acting as a go-to person for quantitative questions and solutions, but also comfortable to be both an advocate and a provider of dissenting opinions.
- A good understanding of actuarial methods, models, and related business processes.
- Statistical programming skills (e.g. R, Phyton) and know-how of data science techniques is an advantage.
Key Responsibilities : Have a clear independent view on current pricing or loss adequacy driven by data analysis Collaborate with customers and team members to develop a pricing view in and represent ...
#205 HDFC Life – Intern
- Minimum 3 Papers cleared.
- 0 to 5 months of experience.
- Candidate must be based out of Mumbai or be willing to relocate to Mumbai.
Requirements :Â Minimum 3 Papers cleared. 0 to 5 months of experience. Candidate must be based out of Mumbai or be willing to relocate to Mumbai.
#204 Aegon Life – Internship
- Graduation
Requirements : Graduation
- Work closely with line actuaries to build rating models in Radar software from a rating manual or spreadsheet.
- Validate Radar premiums against database.
- Scenario test the model for possible changes to the rates to assist decision making.
- Research, develop and suggest ideas of making the rating process better.
- Prior work experience in Radar software.
- Technical proficiency in Python or R programming.
- At least 1 to 5 years of experience.
Key Responsibilities : Work closely with line actuaries to build rating models in Radar software from a rating manual or spreadsheet. Validate Radar premiums against database. Scenario test the model ...
- Create excel models (using VBA, SQL) against client models of legacy software. Run all the models points & portfolio to ensure that model output matches with legacy software results. Fix the model for deviation. Ensure the testing and validation is successful Write model spec against each of these legacy software models first. Write procedure notes against each of these spreadsheet model developed. Performing contractual premium review of product block/policies.
- Working on Bonus, Expense review, Fund mergers etc projects
- To ensure that all enquiries are recorded correctly on the Company Systems, for work to be scheduled to the individual and the team and to provide an audit trail.
- To ensure that you are aware of the company complaint and incident identification procedure and that these are acted upon immediately to minimize regulatory breaches, customer/client detriment and business image.
- To ensure that work is processed within industry compliance and legislative requirements under the guidance of the Manager, Analysts and Technicians, ensuring compliance with controls and procedures.
- To undertake any other duties as may be deemed appropriate by your manager.
- Ensure personal and business objectives for self are met in line with the departmental business plan and monitor success.
- To ensure that regulatory and audit requirements are met. To be aware of data security from a customer and business perspective and take responsibility for the prevention of fraudulent activity. Maintaining the data protection ideals of clear desk, secure storage, and secure PC.
- To ensure that the business operating systems utilized are used correctly and professionally.
- Actuarial exam/s passed from IAI/IFOA/SOA etc.
- VBA Programming experience
- Experience with Structured Query Language (SQL)
- Actuarial Analysis experience within Life insurance (and annuity/pension policies)
- At least 3 to 5 years of actuarial experience of Life insurance
- Experience of working within an outsourcing environment
Key Responsibilities : Create excel models (using VBA, SQL) against client models of legacy software. Run all the models points & portfolio to ensure that model output matches with legacy software...
#201 Bandhan Life – Senior Manager
- Conduct new product pricing feasibility
- Â Developing excel model for carrying out pricing of products
- Â Responsible for filing of the products and responding to IRDAI queries
- Â Maintenance of models and documents in organized way
- Â Collaborate with Reinsurer and with various internal departments (UW, marketing, legal etc)
- Monitor profitability of products and convey the results to key stakeholders
- Â Be up-to-date on Regulations - Review and maintenance of Regulations
-  Develop/Review product related calculators before sharing with the system’s team
- Â Attending to product related queries from internal stakeholders.
- 5 + years of relevant work experience in Actuarial Pricing team of a life insurance company.
- Â 6+ papers cleared (CT1, CT5 or CM1 mandatory)
-  Software – MS. Office & VBA(mandatory) + SQL basics
- Â Having good hold on preparing presentations for effective communication
Key Responsibilities : Conduct new product pricing feasibility  Developing excel model for carrying out pricing of products  Responsible for filing of the products and responding to IRDAI queries  ...
Retirement Domain Minimum one Actuarial Exam
#199 Amity University – Assistant Professor (Actuarial Science)
- Candidate must have cleared 6-7 Papers of Actuarial Science in Masters course.
- Experience in related field (Teaching preferred)
- Must have Excellent Communication skill
Requirements : Candidate must have cleared 6-7 Papers of Actuarial Science in Masters course. Experience in related field (Teaching preferred) Must have Excellent Communication skill
#198 TATA AIA – Internship
- Fresher
Requirements: Fresher
#197 ValuEnable
- At least 2 papers should be cleared
Requirements : At least 2 papers should be cleared
- Analyse data to gauge patterns and trends in the financial markets to minimise risks as an actuary.
- Create reports, sheets and presentations for stakeholders and clients that depict their financial risks in layman’s terms.
- Collaborate closely with other professionals such as accountants, economists, bankers and underwriters to curate relevant risk management schemes.
- Use complicated mathematical actuarial modelling to help businesses make the best financial decisions.
- Provide guidance and education on the financial risks and provide alternative investment strategies through actuarial analysis.
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Bachelor’s degree in business, finance, economics, statistics, mathematics or a related discipline.
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Knowledge of risk management from the actuarial science point of view.
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Strong analytical skills, along with proficiency in independent thinking and problem solving
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Awareness of financial laws in India, along with knowledge of actuarial principles.
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Additional certification in actuarial sciences
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Knowledge of common statistical software and tools
Responsibilities : Analyse data to gauge patterns and trends in the financial markets to minimise risks as an actuary. Create reports, sheets and presentations for stakeholders and clients that depict...
- Graduate in Mathematics/Statistics/Economics (2024/2023 batch only)
- Active student member of IAI or IFoA
- Should have cleared at least one CT exam (or equivalent such as ACET)
- Knowledge of CM1 is preferred
- You will be responsible to collect and analyse large datasets related to retirement plans, pension schemes and other relevant financial information
Domain: Retirement Requirements: Graduate in Mathematics/Statistics/Economics (2024/2023 batch only) Active student member of IAI or IFoA Should have cleared at least one CT exam (or equivalent such a...
#194 Narayana Health
- Good Reserving experience 3 to 5 years in General or Health
Requirements : Good Reserving experience 3 to 5 years in General or Health
Fresher / Intern (with internship experience preferably)
#192 Principal Global Services
- Strong technical skills. Knowledge of SDLC.
- Ready to relocate
- Hybrid 3 days in a week
Experience: 2-4 years Education: Graduate Bachelors degree (any ) Requirements : Strong technical skills. Knowledge of SDLC. Ready to relocate Hybrid 3 days in a week