Actuarial Reserving Professional

Actuarial Reserving

Designation:

Sr. Manager/ AVP- Actuarial Reserving.

Location:

Mumbai

Organisation:

One of the Leading General Insurance Companies in India.

Reporting to:

Head- Actuarial Reserving.

Role Summary:

Handle actuarial reserving and regulatory reporting for various lines of General Insurance.

Responsibilities:

Perform monthly/quarterly reserve calculations, estimate IBNR and ultimate losses, conduct Actual vs Expected analysis, investigate unusual claims/large losses/catastrophes, and present reserving results. The role also handles IRDAI-related reporting such as IBNR, FCR and STNL, improves data-quality controls and reserving processes, automates reporting, reviews junior analysts work, and coordinates with Claims, Underwriting, Finance, Reinsurance, IT and Operations.

Requirements:

• Atleast 3-6 years Reserving experience in General Insurance or GI consulting.
• Good progress in actuarial examinations.
• Strong analytical/statistical skills and Excel proficiency.
• Comfortable with ResQ, SAS and Python.
• Strong communication, presentation, model-validation and stakeholder-management capability.
• Understanding of the GI market, regulatory environment and product/commercial considerations.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.