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  • 7 - 15 Years
  • Posted : above 1 month

Job Description:

Client Reinsurance company

Location Mumbai

Requirement

- Qualified actuary or nearing actuarial qualification with a recognized actuarial association

Other requirements

- Bachelors degree in Mathematics, Finance, Statistics, Actuarial Science or a related field

- Minimum 10-11 years- experience in handling various aspects of the actuarial or analytical function of an insurance/reinsurance company

- Excellent oral and written Communication skills and ability to communicate complex problem to variety of stakeholders so as to achieve consensus

- Strong IT skills - sound working knowledge of MS Excel, Macros, MS Word and any actuarial/statistical software Ability to work in cross-functional teams/projects

Job Description -

- Pricing standard quotes with minimal supervision and delivering within the agreed timelines and within the established quality standards by effectively mobilizing the junior resources

- Maintaining complete and accurate pricing documentation

- Completing necessary data analytics for the purpose of setting reasonable assumptions for pricing

- Interacting with clients on data and other issues to pricing is complete and accurate

- Periodic updating the pricing and treaty/addendum/amendment templates

- Pricing the Facultative cases referred and ensuring proper documentation for the same

- Drafting proposal and treaty documentation and negotiation with client to ensure timely execution

- Assist with review of business and product mandates for the local business mandate

- Work with BD, underwriting and claims to develop innovative and mutually beneficial business solution for the queries coming from clients

- Contribute to new products and reinsurance structures design

- Manage the overall R&D effort to ensure these opportunities are analyzed appropriately

- Research and develop areas of pricing expertise as required to handle non-standard quotes

- Setting pricing bases for new products by collecting and analyzing India and other markets statistics

- Liaise with Asia and Global product development and research specialists to learn from changes in international markets and how they can be implemented in the Indian market

- Enhance brand and expertise by presenting relevant research with clients

- Maintaining library of research information

- Lead a team of junior/student actuaries

Profile Summary:

Employment Type : Full Time
Salary : Not Mentioned
Deadline : 08th Apr 2020

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