Pricing Actuarial - Mumbai, India - Michael Page

Description

Global leader in insurance broking and innovative risk management solutionsGrowth Opportunities

About Our Client

Leading global professional services firm in the areas of risk & strategy

Job Description

Work with the catastrophe modelling team to understand natural peril drivers of clients' financial performance and the influence of natural perils on primary pricingSupport the renewal process through reinsurance pricing analysis and support of the broking team in negotiations with reinsurers.

Analyze how the distribution of results and relevant risk measures changes as a result of applications on various proposed reinsurance alternativesUtilise cost/benefit analysis to advise brokers and clients optimal reinsurance programs based on risk tolerance levelRespond to client queries and concerns, resolving issues promptly and monitoring market trends, actuarial related development, and client changes jointly with the Client Manager;Provide technical training to clients and colleagues, and stay well informed on regulatory developments in the regionUsing intensive actuarial, insurance and products training to structure, negotiate and assist in selling reinsurance arrangements that optimize economic value for insurers/clients based on products' best estimate assumptions;Ability to work in conjunction with Global team on actuarial reserving tools, applying the various actuarial reserving methods for arriving at exposure risk analysis for insurance company's.

Client management and consistent deliverability of offerings with a focus on servicing current relationship and expanding the opportunities in the existing base in addition to new clients.

The Successful Applicant

Progress towards professional actuarial qualification, FCAS, FIAA, or FIAExcellent communication, presentation and project management skillsStrong ability to handle significant workflow through efficient time managementStrong ability to identify and solve potential problems in their speciality and develop creative solutionsUnderstanding of the product lines, and the global and regional industry conditions to identify significant considerations that insurers should address in designing their programsWell-versed in Microsoft Office software and programming languages, R-Studio, Python , AlteryxAbility to work autonomously6-9 years commercial experience, reinsurance or primary pricing experience preferred