01Overview
About Our Client
Next-generation private Indian reinsurer.
Job Description
- Certify appropriate technical reserves for general reinsurance, including IBNR and outstanding claims liabilities.
- Monitor loss development patterns, reserve adequacy, and portfolio volatility across reinsurance treaties.
- Identify emerging experience trends and reserve risks impacting the reinsurance portfolio.
- Lead actuarial pricing, experience analysis, and profitability assessments for general reinsurance treaties.
- Support underwriting teams on pricing assumptions, risk evaluation, limits, deductibles, and treaty structures.
- Analyse portfolio performance to support underwriting strategy and portfolio optimisation decisions.
- Assess solvency position, capital adequacy, and alignment with the company's risk appetite framework.
- Conduct stress testing and scenario analysis, including catastrophe and accumulation risk assessments.
- Develop and review retrocession and risk transfer strategies to manage volatility and optimise capital utilisation.
- Prepare actuarial opinions, certifications, and reports for the Board, Audit Committee, regulators, and external auditors.
- Ensure compliance with applicable actuarial standards, regulatory requirements, and professional guidelines.
- Ensure accuracy, integrity, and governance of actuarial data, models, and assumptions.
- Identify and manage actuarial risks and uncertainties inherent in general reinsurance operations.
- Lead and develop the general reinsurance actuarial team, ensuring technical capability and governance standards.
- Act as the principal actuarial advisor on non-life reinsurance matters to senior management and key stakeholders.
- Stay current with developments in general reinsurance markets, actuarial practices, and regulatory frameworks.
The Successful Applicant
- Graduate / Postgraduate degree in Actuarial Science, Mathematics, Statistics, or a related discipline
- Fellow of the Institute of Actuaries of India (IAI) or IFOA - Mandatory
- Robust exposure to non-life reserving, reinsurance pricing, and catastrophe risk modelling preferred
- Candidate should possess a valid IAI Certificate of Practice (COP) or should be able to procure
- Industry: General Insurance / Reinsurance
- Experience: 10-15+ years of relevant actuarial experience with strong regulatory and audit exposure
- At least 4 years of experience post fellowship
What's on Offer
- Opportunities to contribute to and grow
- Supportive environment for professional development. .
