Actuarial Analyst

Job Summary

To support the ANZ Pricing & ES team, by providing technical expertise in respect of product pricing, experience studies and other initiatives.

Responsibilities

• Support the pricing actuaries in pricing treaties for ANZ market; responsibilities will focus on Open Treaty Reviews
• Support ES requirements for the region if any
• Provide Quote support/advisory recommendation for various Lines of Business and maintenance of pricing Terms of Trade.
• Provide support in inputs through analysis and maintenance of pricing Terms of Trade.
• Support the ANZ pricing actuaries in any local/regional projects as required.
• Work effectively with a cross-functional team of experts from client markets, underwriting, and claims towards assessing the risk associated with a treaty or opportunity.
• Provide technical, research and project management input for product development initiatives and pricing policy.
• Always ensuring the adherence to pricing guidelines and standard methodologies, and their consistent application.
• Mentoring the junior associates of the team.

Key Skills & Knowledge

• Excellent technical knowledge in all areas of pricing, experience studies and product development and fundamental knowledge of the products and services offered by insurers/reinsurers.
• Ability to apply actuarial judgement in a commercial environment.
• Good understanding of actuarial standard methodologies.
• Knowledge of actuarial L&H modelling and data analytical softwares: SAS and R
• Organization, prioritization and planning skills.
• Knowledge of L&H actuarial modelling and data analytical softwares.

About the Team

Part of pricing & underwriting services team with around 80+ members between Actuarial and Underwriting teams located in Bangalore. This role will be supporting Australia and New Zealand market (ANZ) for reinsurance pricing - actuarial and experience studies.

About you

• Strong actuarial experience in insurance/reinsurance sector, ideally 2+ years of experience preferably pricing or ES.
• Experience in actuarial product design, pricing & ES, including use of any actuarial pricing tools will be an advantage.
• Good actuarial exam progress for actuarial institutes
• Excellent interpersonal, communication and influencing skills.

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