General Insurance Actuary Role - Pricing Reserving (2-8 yrs)

General Insurance Actuary - Pricing Reserving

Technical Responsibilities:

- Be part of US Reinsurance market.

- Analyzing data and trends to help clients make informed decisions of the optimal reinsurance strategies they should adopt.

- Performing ground up analysis and loss ratio investigations to build client portfolio understanding.

- Build comprehensive loss models based on experience and exposure analysis in accordance with client's risk profiles and industry standards.

- Estimate reinsurance treaty pricing for clients mainly in P&C lines of business.

- Reinsurance structure optimisation and profitability analysis to manage earnings volatility and solvency risk for clients.

- Collaborate with cross-functional teams to ensure actuarial principles and techniques are accurately implemented in product development and pricing strategies.

- Generate reports and presentations summarizing analyses and findings to support business decision-making.

- Effectively communicating results and technical outputs to brokers, business leaders and clients.

- Contribute towards the Industry studies and benchmarking activities, that aim at promoting Gallagher Re as thought leaders in the reinsurance marketplace.

- Provide valuable insights and support to clients while continuously improving processes through innovation in the form of tool development and automation of Actuarial analysis.

Skills and Competencies:

- Good knowledge of General Insurance domain

- Working experience of pricing reserving

- P&C is a huge plus

Qualification:

- Graduate/Post-graduate, preferably in Stats/Maths/Eco/Commerce

- Minimum papers of actuarial from any recognized Actuarial institute like Institute of Faculties of Actuaries - UK (IFoA), Institute of Actuaries of India (IAI), etc.

- Relevant experience of 2 - 8 years

- Excellent MS Office skills, particularly Excel is essential

- Knowledge of VBA, SQL, Python, R, Power BI etc. is an added advantage