Actuarial Analyst/Senior Analyst

  • Assist\n in the development and implementation of pricing models and strategies<\/span>
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  • Assist\n in the reserving process, ensuring compliance with regulatory requirements\n and internal policies.<\/span>
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  • Work on\n the pricing for government business, including tenders.<\/span>
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  • Analyse\n historical data, market trends, competitor results and actuarial methodologies,\n and customer behavior for actuarial decisions.<\/span>
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  • Contribute\n to the development and refinement of actuarial models and methodologies.<\/span>
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  • Collaborate\n with claims, finance and underwriting teams to provide insights from\n actuarial analysis.<\/span>
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  • Support\n the actuarial team in regulatory filings, compliance and responding to\n audit/regulatory queries.<\/span>
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  • Prepare\n detailed reports, presentations and visualisation tools to communicate actuarial\n analysis, results and recommendations to senior management.<\/span>
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  • Work\n closely with data scientists to utilise spatiotemporal data and build\n granular and dynamic pricing algorithms.<\/span>
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  • Work on\n implementation of new regulatory regimes like Ind AS 117 and Risk Based\n Capital (RBC).<\/span>
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  • Stay\n updated with industry trends, regulatory changes, and best practices in\n actuarial profession.<\/span>
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  • Participate\nin cross\-functional projects and initiatives as required.<\/span><\/span><\/span>
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    Requirements<\/h3>
    • Bachelor's degree in\nactuarial science, mathematics, statistics, commerce or a related field.<\/span>
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    • Progress towards actuarial\nqualifications with a recognized actuarial body (e.g., IAI) is highly\ndesirable.<\/span>
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    • 1+ years of prior experience\nin an actuarial function within the insurance industry is advantageous.<\/span>
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    • Proficiency in MS Office\nSuite, VBA, SQL and Python along with use of emerging technologies like GPTs\nand Power Platforms is desirable.<\/span>
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    • Deep understanding of\nactuarial principles, regulatory environment, and product development processes.<\/span>
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    • Strong analytical and\nproblem\-solving skills.<\/span>
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    • Strong attention to detail\nand ability to handle complex data.<\/span>
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    • Good communication skills,\nwith the ability to present findings in a clear and concise manner.<\/span>
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    • A team player with a\nproactive approach to tasks and projects.<\/span>
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