Responsibilities :

• Develop actuarial models to determine pricing strategies for parametric insurance products.
• Analyze climate and disaster risk data to assess exposure and inform product design.
• Collaborate with product managers and engineers to design innovative insurance solutions.
• Assist in defining payout triggers and thresholds for parametric insurance products.
• Support claims monitoring processes, ensuring triggers are objectively assessed and payouts are accurate.
• Evaluate product performance using statistical and actuarial methods, providing recommendations for optimization.
• Work with data scientists to analyze weather and disaster datasets for risk assessment.
• Generate insights for market research, customer needs, and competitive positioning.
• Ensure compliance with regulatory requirements, collaborating with legal and compliance teams.
• Prepare reports and visualizations for internal and external stakeholders to communicate risk assessments and product performance.

Requirements :

• Bachelor’s or Master’s degree in Actuarial Science, Statistics, Mathematics, Data Science, or related fields, preferably from top-tier institutions.
• 0-2 years of experience in actuarial analysis, risk modeling, or insurance product development.
• Expertise in product development, pricing strategies, claims monitoring, and operations.
• Proficient in coding in any programming language.