Junior Actuary Pricing Tool Associate For a Leading Reinsurance MNC

2 - 4 Years
Not Disclosed by Recruiter
Posted: 17 days agoOpenings: 1Job Applicants: 47Job Views: 107

Job Description

About The Role :

The Tools and Systems Asia team is a team within Tools and Systems being part of Property and Casualty Reinsurance. You will be joining the Tools and Systems Asia team involved in:
  • Development and productive maintenance of major Property and Casualty costing/pricing tools, with the main focus on portfolio rating (treaty), and subsequent implementation following company standards and reinsurance business needs and requirements in close collaboration with the existing Tools and Systems team
  • Building the future tool landscape, with focus on treaty business, considering the full end-to-end underwriting process with key areas costing and pricing in close collaboration with the existing Tools and Systems team
  • Ensuring operations are implemented according to internal guidelines and best practices 
  • Providing tool support, knowledge, documentation, training and best practices as well as transactional support during peak treaty renewals
  • Ensuring governance process around tool development, focusing on costing/pricing including tool reviews Ad hoc work within the underwriting and actuarial area, like development of new actuarial models, data analysis, creating reports, performing business intelligence activities, etc.  
About The Team :

This position is an exciting opportunity to join the Tools and Systems Asia team located in Bangalore. The main focus of the Junior Actuary Pricing Tools will be analyzing business requirements, programming and testing for the existing and future costing, pricing, and underwriting tool landscape. You will also engage in activities of the global Tools and Systems team and closely collaborate with its team members.

Required Candidate profile

About You:
  • Education University degree M.Sc., B.Tech (Mathematics, Physics, Statistics, Computer Science, Actuarial Science, Engineering, etc.) with numerical, mathematical, statistical or similar background 
  • Experience with programming a strong advantage 
  • Flair and basic knowledge in designing, specifying, implementing and testing of (actuarial) functionality in IT systems according to business requirements 
  • Sound conceptual capabilities and good analytical skills 
Skills And Experience:
  • 2-4 years working experience in Insurance or Reinsurance - preferably with knowledge in costing/pricing systems and tool development  
  • Preferably basic knowledge in property and casualty reinsurance 
  • Capable of understanding and prioritizing business requirements, evaluating different implementation options and translating them into viable IT solutions
  • Able to work independently as well as in a team environment 
  • Accomplished interpersonal and communication skills - demonstrates a clear and articulate standard of written and verbal English communication in a complex environment
If interested to explore this career opportunity, please share your updated resume to nadas@allegisglobalsolutions.com

Salary: Not Disclosed by Recruiter


Desired Candidate Profile

Please refer to the Job description above


Doctorate:Doctorate Not Required

Company Profile

Allegis Services India Pvt. Ltd.

Allegis Group is a US based Staffing and Recruiting Company providing Human capital and work force management solutions to over 6000 customers globally including 90% of Fortune 500 firms. Our offering includes Managed Services (MSP) and Recruitment Process Outsourcing (RPO).
View Contact Details+

Recruiter Name:Nayanika Das

Contact Company:Allegis Services India Pvt. Ltd.

Role Category

Life Insurance/Financial Services


Actuary Manager

Employment Type

Full Time, Permanent

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