01Overview
Responsibilities
As a Staff member within the Actuarial team your role involves developing and implementing solutions both within the Insurance service line and in collaboration with other services lines.
Be responsible for providing high quality results and generating effective solutions working along with Seniors, Managers or Senior Managers in delivering the project
Establish/manage priorities, communicate the status of activities, and accumulate/report all chargeable hours
Maintain/develop productive working relationships with stakeholders and other team members
Within the actuarial practice you will:
Estimate actuarial liability for general insurance lines of business which involves data preparation, data loading to tools, analysis of liabilities and presenting results
Analyze the historical claims data and identify potential issues and trends and report the findings
Perform valuation of reserves through IBNR model using the data supplied for estimation
Review data, methodologies, assumptions, results and benchmark against the market
Assessment of technical provisions and standard formula/ other capital calculations
Large loss analysis, rating factor analysis and CAT benchmarking
Updating the report/memo sent to stakeholders showing results of the analysis
Maintain strong focus in finishing Actuarial exams along with developing a strong subject matter expertise
Requirements
1+ years experience in the General Insurance industry, either within a consulting firm or an Insurer or an organisation providing Insurance services (such as reserving, capital modelling, pricing, rate filling, CAT modelling, IFRS17, technical provision, solvency II and risk management)
Ability to multi-task and flexible work attitude packed with good analytical skills
Proficiency in MS-Office Suite, VBA, SAS, R Programming, Python, SQL, Alteryx etc., will be a plus
Good exam progress
Strong academic background with a bachelors degree with an emphasis in actuarial science, mathematics, statistics or finance related supplemented ideally with a professional qualification
Strong written and verbal communication skills for report writing, industry studies and stakeholder presentations
Overseas exposure (especially Australia/UK/US/Europe market experience)
Core Competencies
Demonstrates expertise in actuarial analysis, including estimating liabilities, performing reserve valuations, and analyzing claims data. Proficient in utilizing programming languages and tools such as R, Python, and SQL to deliver high-quality results in the General Insurance industry.
Highest-signal resume keywords
Actuarial Analysis
General Insurance Experience
R Programming
SQL
Data Analysis
Hard Skills
Actuarial Liability Estimation
Valuation of Reserves
Data Preparation
Claims Data Analysis
Capital Modelling
Technical Provision Assessment
CAT Benchmarking
IFRS17
Solvency II
Risk Management
Soft Skills
Analytical Skills
Communication Skills
Multi-tasking
Flexibility
Relationship Management
Certifications & Qualifications
Professional Qualification in Actuarial Science
Industry Keywords
General Insurance
Consulting
Reserving
Rate Filling
Overseas Exposure
Stakeholder Presentations
Tools & Technologies
MS-Office Suite
VBA
SAS
Alteryx .
