int(6567)
Bangalore, India

AVP / VP Pricing Actuary

Our client is a leading global reinsurance company having their analytics and operations centre in India and are looking for mid- senior level professionals with exceptional pricing actuarial skills.

 

This position is an exciting opportunity to join the Group’s Actuarial function in Bangalore. The focus of the role will be to identify drivers to portfolio performance by working with counterparts in Underwriting, Reserving, Claims and Finance to have a 360° view on your portfolio and develop an independent Actuarial Pricing opinion on the portfolio’s expected performance.

 

Please contact Anamika Bhattacharjee or email your cv directly in word format with job reference no. JO0000005319 to banking-India@theedgepartnership.com 

 

Please note that due to the high number of applications only shortlisted candidates will be contacted. If you do not hear from us in the next 5 business days we regret to inform you that your application for this position was unsuccessful.

Apply for this Job

Key responsibilities

  • Present pricing view in stakeholder (Underwriting, Reserving, Claims and Finance) meetings and develop compelling recommendations.
  • Translate details into impactful Executive reports with effective communication.
  • Translate profitability findings into corrective actions on costing models and parameters.
  • Develop and maintain costing parameters and tools in accordance with the Group standards and business needs.
  • Use actuarial and data science techniques to develop insights and trends that can be used for risk selection or differentiation, and costing improvements.
  • Model and price deal transactions.

Role requirements

  • Above 5+ years’ actuarial experience, in P&C commercial insurance. Good knowledge of Property and Casualty products in APAC markets.
  • Master’s degree in Mathematics, Statistics, Economics, or equivalent quantitative/ statistical fields
  • Experience of commercial insurance pricing, portfolio profitability analysis and costing models. Understanding of reinsurance treaty pricing and statistical programming skills (e.g. R, Phyton) would be an additional advantage
  • Knowledge of reserving techniques and can confidently operate between reserving and costing.
  • Experience in market/LOB portfolio ownership, being a go-to person for quantitative questions and solutions.
  • You can review analytical results, derive recommendations, and communicate implications to all partners- from peers to senior leaders