Actuarial Analyst

About the Role

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

Key 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 software's: SAS and R
• Organization, prioritization and planning skills
• Knowledge of L&H actuarial modelling and data analytical software's

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.

Requirements

• 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