Actuarial General Insurance - Reserving
- EY
- 0 - 5 years
- Kolkata
- 4 months ago
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Job Description
Ernst & Young Actuarial Services LLP
ROLE/PRIMARY (KRAs)
- The Incumbent will be responsible for executing projects in the Actuarial space
- We are looking for Actuaries with varying experience in the Indian/ Global insurance market. The job grade of the successful candidates for this role will depend on their respective qualities and experience. The typical responsibilities of the role include
- Play a proactive role within a multi-disciplinary EY team in supporting the various client engagements which may span across
- Reserving,
- Product development and pricing
- Statutory reporting,
- Solvency assessment,
- Ifrs17 implementation
- Business planning.
- Build appropriate Excel model for the above-mentioned projects allowing for client product features and relevant regulations.
- Lend support on strands of research and Specialisms work (e.g. solvency II updates, ifrs17) work aimed at providing key insights to help our clients / consultants
- Develop cutting edge proposals for winning new and different clients /engagements
- Work closely with the team to develop consistent standards and best practice.
- Sharing knowledge in a timely and effective way by submitting regularly to the knowledge database
- Contribute to wider opportunities within EY and to raising its profile externally
e.g. taking an active role in writing articles for The Actuary
Which Essential & Desirable skills are required?
Essential Technical Skills:
- Develop and maintain deep technical knowledge in Excel modelling skills
- Present internally and externally on areas of technical specialist knowledge
- Develop reports and presentations for the client
Good technical understanding of at least one of the following areas
- Reserving techniques
- Pricing and product filing
- Business planning and capital modeling
- IFRS 17 implementation
People Skills:
- Proven communication and interpersonal skills, including the ability to put across complex technical issues and solutions to non-actuaries.
- Good team player
Behavioral:
- Proven ability to balance priorities and manage many competing demands to agreed deadlines and to the required level of quality.
- Ability to give/receive constructive feedback
- Self-motivated, uses own initiative and is outcome-focused.
- Dealing constructively with uncertainty and ambiguity.
Desirable
- Good working knowledge of the relevant actuarial concepts and methodologies
- Working knowledge of tools like R, Python, SAS, SQL etc.
- Knowledge of the latest accounting standard (IFRS17) which is being implemented across various geographies across the world.
- Confidence in speaking and expressing views through a variety of platforms like publications (internal/external), seminars etc.
Job Classification
Industry: InsuranceFunctional Area / Department: BFSI, Investments & TradingRole Category: General InsuranceRole: Actuarial AnalystEmployement Type: Full timeContact Details:
Company: EYLocation(s): Kolkata
Keyskills: Actuarial Reserving General Insurance Non Life Property And Casualty Health reserves acturies IBNR
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