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Job description
About the Role
Hannover Re – as one of the world's leading reinsurers, we provide coverage for the risks of yesterday, today and tomorrow. We are hiring for Senior Actuarial Associate role.
Key Responsibilities
- Capable of independently applying actuarial techniques to support business activities including pricing, underwriting, accounting, financial reporting, data analytics and valuation
- Pricing standard quotes with minimal supervision and delivering within agreed timelines.
- Completing necessary data analytics for setting reasonable best estimate assumptions for pricing.
- Setting pricing basis for all agreed lines of business by collecting and analysing available information and other market statistics.
- Periodic updating of any pricing & addendum templates.
- Performing experience analysis as a part of In-Force management activity.
- Drafting proposal and treaty documentation.
- Capable of establishing & developing symmetric partnerships with potential new clients, design innovative distribution and product solutions.
- Creating robust and profitable (as per Group standards) client portfolio.
- Providing input for strategy planning of India Branch.
- Collaborate with all L&H stakeholders, including Medical Underwriting, Claims, Technical Accounts and Valuation and other Hannover Re offices.
Qualifications
- Nearly Qualified actuary/Qualified Actuary with minimum 15 years of work experience in life insurance or reinsurance industry particularly in areas of pricing.
- Must have the capability to initiate, organize and manage projects independently.
- Self-motivated with high level of personal and professional integrity & ownership, negotiation and quick decision-making skills
- Strong analytical skills and adept in interpreting strategic vision into an operational and tactical model.
- Team Player and Effective communicator with strong oral, written and persuasive skills and capability to deal with people at all levels in the organization.
- Must be willing to travel across India and outside India as and when required.
- Must be willing to take part in local and global actuarial and non-actuarial but business-related seminars and conferences
- Regular interaction with key actuarial personnel of current or prospective clients is desirable.
- Has the ability to develop her/his own competencies and to support others in their development
You will complete your application on Hannover Re’s website. You’ll be asked to sign in to S.MONK first, so we can track your placement journey.