Jobs Openings

Requirements:

• Graduation in any stream. Should be a member of the Actuarial profession (enrolled to complete actuarial studies at least)’
• Should have successfully cleared at least 1 actuarial paper and/or relevant degree in Actuarial Science
• Should have a basic understanding of pension benefits and should be able to differentiate between DB and DC schemes (knowledge of UK employee benefits would be an added advantage)
• Strong quantitative and analytical skills with ability to translate data into meaningful insights
• Ability to question the objective of an exercise and prod away diligently/incrementally whenever ideas occur
• Good communication and interpersonal skills.
• Adaptive to organisational culture and business environment and Good Team Player
• Mumbai ( Required candidates based out of Local Mumbai only)

•  Assist client with understanding and implementing the new regulations e.g. Solvency II, IFRS 17, Valuation and reporting , US GAAP etc.

• Experience – 3 - 8 years in Life Actuarial
• Location -   Gurgaon / Bangalore (Hybrid mode)
• CT 5 or CM1 mandatory or degree in Actuarial Science.

• Minimum 3 papers should be cleared
• Good knowledge of SQL and Python is preferred

• Experience 2-5 years in portfolio modelling/Reinsurance only, Strong expertise in SQL required.

• Minimum 3-4 actuarial papers cleared
• Experience: 0 - 2 years

• 2+ years experience in insurance
• 2+ papers cleared

• 1+ year of experience

• Reviewing the work done by analyst, resolving their process queries, handling client queries and support in any new process transitions. Apply your analytical thinking capabilities to produce client level reports and share useful insights. Process, validate and update data in the actuarial and financial models like experience monitoring, Reserving, regulatory reporting, etc.
• Prepare and analyze actuarial and financial reports for US clients
• Peer review the reports prepared by the team members and share observations
• Liaison with onshore consultants for any data or project related queries resolution
• Participate and contribute in any special project requirements
• Support in any new transitions, documentation and creation of PMAPs and SOP

• Knowledge on Pensions domain preferred
• Any Graduate preferably with Mathematics / Statistics / Actuarial Science or any subject with sizeable mathematical content.
• 3-4 Actuarial exams cleared.
• 2-3 years of overall experience

• In this role you are required to do analysis and solving of lower-complexity problems
• Your day to day interaction is with peers within Accenture before updating supervisors
• In this role you may have limited exposure with clients and/or Accenture management
• You will be given moderate level instruction on daily work tasks and detailed instructions on new assignments
• The decisions you make impact your own work and may impact the work of others
• You will be an individual contributor as a part of a team, with a focused scope of work
• Please note that this role may require you to work in rotational shift

• Bachelor's in actuarial science
• 3 to 5 years of experience

• 1-2 years of experience - Pricing
• 5+ years of experience - Reserving

• Perform Actuarial Calculations like Valuation of DB Schemes, individual member calcs, etc.
• In-house virtual and in-person training on UK Employee Benefits
• Opportunity to contribute ideas to setting up and improvement to process templates
• Guidance on legislative changes and actuarial procedures
• Support in developing and building a robust process
• Healthy work life balance and study support to progress with professional exams

• Required candidates based out of Local Mumbai only
• Minimum 6-12 months experience
• Graduation in any stream. Should be a member of the Actuarial profession (enrolled to complete actuarial studies at least)’
• Should have successfully cleared at least 1 actuarial paper and/or relevant degree in Actuarial Science
• Should have a basic understanding of pension benefits and should be able to differentiate between DB and DC schemes (knowledge of UK employee benefits would be an added advantage)
• Strong quantitative and analytical skills with ability to translate data into meaningful insights
• Ability to question the objective of an exercise and prod away diligently/incrementally whenever ideas occur
• Good communication and interpersonal skills.
• Adaptive to organizational culture and business environment and Good Team Player.
• Masters in Statistics / Mathematics / Actuarial science
• Prior experience in team training / management
• Intermediate to advanced skills in MS-Excel will be an added advantage

• Use feedback and reflection to develop self awareness, personal strengths and address development areas.
• Delegate to others to provide stretch opportunities, coaching them to deliver results.
• Demonstrate critical thinking and the ability to bring order to unstructured problems.
• Use a broad range of tools and techniques to extract insights from current industry or sector trends.
• Review your work and that of others for quality, accuracy and relevance.
• Know how and when to use tools available for a given situation and can explain the reasons for this choice.
• Seek and embrace opportunities which give exposure to different situations, environments and perspectives.
• Use straightforward communication, in a structured way, when influencing and connecting with others.
• Able to read situations and modify behavior to build quality relationships.
• Uphold the firm's code of ethics and business conduct.

• Bachelor's degree
• Experience - 2+ years
• Knowledge of actuarial theories and insurance products
• Proficiency in computer applications, including MS Excel, Word, Access and PowerPoint
• Proficient in Moody’s Analytics AXIS
• Experience with Moody’s Analytics Risk Integrity for IFRS 17 considered an asset
• Working experience of programming languages (VBA, SQL, C++, Python, R) is an asset

• Risk Assessment: Conduct comprehensive risk assessments for crop insurance, evaluating policy vulnerabilities and assessing climate-related risks and crop loss probabilities.
• Model Development: Build and maintain actuarial models for pricing, reserving, and forecasting of crop insurance products. Ensure models are robust, accurate, and align with industry best practices.
• Data Analysis: Analyze large datasets involving crop production, weather patterns, and market data to determine probabilities and costs. Utilize advanced data analytics techniques for precise projections.
• Policy Design: Collaborate with cross-functional teams to design, test, and price crop insurance policies. Ensure policies comply with regulatory requirements and industry standards.
• Reporting: Prepare clear and concise reports, presenting complex data and actuarial findings to non-technical stakeholders, helping them make informed decisions.
• Regulatory Compliance: Stay informed on regulatory developments related to crop insurance and ensure that all actuarial processes and policies are compliant.

• Educational Background: Bachelor’s or advanced degree in Actuarial Science, Mathematics, Statistics, or related fields.
• Experience: Minimum of 5 years of experience in actuarial analysis, preferably within crop insurance or agricultural risk management. Completion of actuarial exams is strongly preferred.
• Technical Skills: Proficiency in statistical software such as Excel, SQL, and experience with actuarial tools. Strong grasp of advanced analytics, such as time series regression and other predictive modeling techniques.

• Data cleansing and processing to facilitate actuarial analysis
• Assist on-shore stakeholders and Actuaries in performing Actuarial Reserving/Pricing Analysis such as Experience rating and Exposure rating for building a comprehensive, multi-dimensional loss model in accordance with client risk profiles and industry norms
• Estimating reinsurance reserving/pricing and determining optimal Reinsurance Strategies
• Prepare and provide reports and decks for the performed analyses
• Contribute towards the Industry studies and Benchmarking activities, that aim at promoting Gallagher Re as thought leader in reinsurance marketplace
• Contribute to development of innovative concepts, tools or automating current process.

• Graduate/Post-graduate, preferably in Stats/Maths/Eco/Commerce
• A student member of any of the following institutes:
  • Institute of Actuaries of India (IAI)
  • Institute of Faculties of Actuaries – UK (IFoA)
• Minimum 2 Actuarial exams cleared as per the new Curriculum, along with zeal of pursuing the qualification further
• A relevant internship or industry experience of 2 – 5 years will be an added advantage

• Analyst 1+ years of exp
• Sr. Analyst 3+ years exp
• Deputy Manager 5+ years of exp
• Proficiency in R and Python