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We are recruiting a Non-life (General Insurance) Analyst in the Actuarial Services team.
Analyst – Non-Life Actuarial
Job Description:
Work as a core member of the actuarial team and contribute to make it a center of excellence
Analyze the historical claims data and identify potential issues and trends and document the findings
Build MS-excel based actuarial tools and be able to use triangulation methods for the purpose of estimating outstanding loss reserves for various (Re)insurance companies.
Work on Statement of Actuarial Opinions (SAO) and actuarial audits of clients
Review data, methodologies, assumptions, results and benchmark against market
Reconcile results from previous year and compare with clients’ results
Review Nonlife pricing models and carry out bespoke modeling
Assist with Solvency II Technical provisions actuarial reviews for PRA submission requirements
Validate consistency across regulatory submissions
Assist client with understanding and implementing the new regulations e.g. Solvency II, IFRS, etc.
Provide transaction and due diligence support to the client
Qualifications:
Graduate/Post graduate with a strong background in mathematics and statistics
6 months – 2 years of experience in Insurance business and finance. Member of Institute of Actuaries (UK) , SoA and CAS of US and/or Institute of Actuaries of India and must have passed at least 4 actuarial exams from any of these institutes.