Actuarial Manager

About the Position

We are seeking an Actuarial Manager with 4 to 8 years of experience in Reinsurance Pricing and Capital Modelling for a role in Gurgaon/Bangalore.

Responsibilities

Reinsurance Pricing

• In-depth understanding of Reinsurance treaty pricing (with demonstrable experience)
• End-to-end pricing across a range of (Re)insurance structures (QS, per Risk XoL, Agg XoL, Stop Loss, Indexed Layers etc)
• Exposure rating (where applicable)
• Experience rating using frequency/severity and burning cost, etc., approaches
• Dealing with large data sets preparation and manipulation for modeling, including:
  • Modeling premium and pricing (and loss-sensitive) features, e.g., reinstatements, AADs, swing-rated deals
  • Derivation and reconciliation of LDFs and development patterns
  • Support and input on increasing the efficiency of individual risk assessment, where possible e.g., automated data manipulation

Capital Modelling

• Understanding of Solvency II regulation and Capital Requirements
• Standard Formula calculations and reporting
• Internal capital modelling, calibration, validation, and reporting

Requirements

• Assistant Manager / Manager: 4 to 8 years of relevant experience in Reinsurance Pricing and Capital Modelling

We Offer

• Location: Gurgaon/Bangalore
• Role: Assistant Manager/ Manager

About the Company

[Company description if present]