Actuarial Analyst

Actuarial Analyst

Technical Responsibilities: ·       Analyzing data and trends to help clients make informed decisions of the optimal reinsurance strategies they should adopt ·       Performing ground up analysis and loss ratio investigations to build client portfolio understanding ·       Build comprehensive loss models based on experience and exposure analysis in accordance with client’s risk profiles and industry standards ·       Estimate reinsurance treaty pricing for clients mainly in Property Casualty Marine Aerospace etc. lines of business (depending on the market/team) ·       Reinsurance structure optimisation and profitability analysis to manage earnings volatility and solvency risk for clients ·       Collaborate with cross-functional teams to ensure actuarial principles and techniques are accurately implemented in product development and pricing strategies ·       Generate reports and presentations summarizing analyses and findings to support business decision-making ·       Contribute towards the Industry studies and benchmarking activities that aim at promoting Gallagher Re as thought leaders in the reinsurance marketplace ·       Provide valuable insights and support to clients while continuously improving processes through innovation in the form of tool development and automation of Actuarial analysis   Skills and Competencies: ·       Excellent verbal and written communication skills ability to convey information clearly and effectively and active listening skills ·       Strong analytical and problem-solving abilities ability to think critically and find innovative solutions and strategies ·       Strong interpersonal skills ability to build and maintain relationships and work effectively with diverse individuals or teams ·       Propensity to think beyond the assignment at hand and show ability to be detail oriented while also ensuring accuracy of work ·       Ability to prioritize tasks meet deadlines and manage multiple projects simultaneously ·       Ability to adapt to changing circumstances work well under pressure and adjust to new environments or tasks   Qualification: ·       Graduate/Post-graduate preferably in Stats/Maths/Eco/Commerce ·       A member of any recognized Actuarial institute like Institute of Faculties of Actuaries – UK (IFoA) Institute of Actuaries of India (IAI) etc. ·       3-6 Actuarial exams cleared as per the new Curriculum along with zeal of pursuing the qualification further. ·       Relevant experience of 1 - 3 years ·       Excellent MS Office skills particularly Excel is essential. ·       Knowledge of VBA SQL Python R Power BI etc. is an added advantage.

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