Assistant Manager - UK Non-Life Actuarial job in Gurgaon

Gurgaon KPMG

Job Ref:	300004767987269
Employer:	KPMG
Sector:	Professional/Financial Services Actuarial Consultancy Risk Management
Qualifications:	Unclassified
Software:	Alteryx R
Job Type:	Full Time
Salary and Benefits:	Competitive
Remote:	No
Location
Country:	India
City:	Gurgaon
Post Code:	122002
Map:	(Show on map)
Description
Job Description Roles and Responsibilities Designation Assistant Manager Reporting to Manager Role type Individual contributor Employment type Full-time We are recruiting a Non-life (General Insurance) Assistant Manager in the Actuarial Services team. The responsibilities of Assistant Manager will include: 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 Provide assistance with actuarial system transformation Assist with actuarial review of Economic capital requirements Make proper commentary on the results/findings and prepare the summary report Assist senior members of the team in day-to-day management activities including MI reporting Actively participate in engagement team meeting Communicate with engagement managers/Directors/partners in UK and build strong professional relationship Provide regular updates to stakeholders and discuss solutions to potential problem areas Job Requirements Mandatory Skills Qualifications: Graduate/Post graduate with a strong background in mathematics and statistics 6.5+ 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 7 actuarial exams from any of these institutes. Preferred Skills Personal drive and positive work ethic to deliver results within tight deadlines and in demanding situations without compromising on quality, and ethical standards and values Excellent written and verbal communication skills Team player Self-driven Ability to work independently and motivate team members Proficient in use of technology like Alteryx, Power BI, R, SaS, etc Responsibilities Roles and Responsibilities Designation Assistant Manager Reporting to Manager Role type Individual contributor Employment type Full-time We are recruiting a Non-life (General Insurance) Assistant Manager in the Actuarial Services team. The responsibilities of Assistant Manager will include: 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 Provide assistance with actuarial system transformation Assist with actuarial review of Economic capital requirements Make proper commentary on the results/findings and prepare the summary report Assist senior members of the team in day-to-day management activities including MI reporting Actively participate in engagement team meeting Communicate with engagement managers/Directors/partners in UK and build strong professional relationship Provide regular updates to stakeholders and discuss solutions to potential problem areas Job Requirements Mandatory Skills Qualifications: Graduate/Post graduate with a strong background in mathematics and statistics 6.5+ 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 7 actuarial exams from any of these institutes. Preferred Skills Personal drive and positive work ethic to deliver results within tight deadlines and in demanding situations without compromising on quality, and ethical standards and values Excellent written and verbal communication skills Team player Self-driven Ability to work independently and motivate team members Proficient in use of technology like Alteryx, Power BI, R, SaS, etc

ref: (300004767987269) 8 days ago

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