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MarshPosted 3 weeks ago

Manager - Actuarial( Reserving- Non Life)

HybridMumbai, Maharashtra, India

Full TimeEnterprise

Job Summary

Perform actuarial, financial, and statistical analysis to assess and quantify client risks, examining issues in detail to develop recommendations for risk mitigation. Lead the preparation of client reports and presentations while managing multiple projects independently with minimal supervision. Contribute to client relationship management and identify new business opportunities, alongside driving process automation and analytics tool development. Mentor junior team members and ensure adherence to operational disciplines such as timesheets and project tracking. This hybrid role requires working at least three days a week in the office in Mumbai. We are seeking a candidate with 5+ years of P&C actuarial experience, 10+ completed actuarial exams, and proficiency in Python, R, and Excel.

Required Qualifications

  • Degree in Statistics, Mathematics, Actuarial Science, Computer Science, Engineering, or related field
  • 5+ years of experience in P&C actuarial or insurance analytics work, with exposure to pricing, reserving, capital, regulatory, or related technical areas
  • Completed at least 10 actuarial exams under the new curriculum
  • Strong technical knowledge of actuarial and analytical techniques
  • Proficiency in Python and/or R, including experience with data visualization and report generation
  • Advanced Microsoft Office skills, particularly Excel (including VBA) and PowerPoint
  • Strong analytical thinking, problem-solving, and attention to detail
  • Strong communication, interpersonal, with good people management skills
  • Must be able to work independently with minimal supervision
  • Must be able to lead multiple projects simultaneously
  • Must be able to ensure alignment with stakeholder expectations and strategic goals
  • Must be able to contribute to and lead the preparation of client reports, presentations, and other deliverables
  • Must be able to clearly structure and communicate findings
  • Must be able to participate in and lead projects
  • Must be able to take increasing responsibility for more complex assignments
  • Must be able to contribute to client relationship management
  • Must be able to identify opportunities for new business
  • Must be able to support the development, enhancement, and application of analytics-based tools, models, and solutions
  • Must be able to identify and drive opportunities to automate and improve processes
  • Must be able to deliver measurable gains in efficiency and output quality
  • Must be able to foster an environment of innovation and continuous improvement
  • Must be able to provide training, mentoring, and guidance to junior team members
  • Must be able to ensure team members maintain essential operational disciplines such as timesheets, project trackers, and leave records
  • Must be able to build broad connections across Analytics Solutions and the wider organization
  • Must be able to share knowledge to strengthen collective capability
  • Must be able to work well under pressure
  • Must be able to manage competing priorities
  • Must be able to maintain quality across a portfolio of engagements
  • Must be able to improve analytics techniques, processes, and outputs
  • Must be able to coach, develop, and provide performance feedback to junior colleagues effectively
  • Must be able to work at least three days a week in the office

Desired Qualifications

  • Preferably passed relevant papers under the old curriculum such as CT3, CT4, CT6, and ST8
  • Preferably passed relevant papers under the new curriculum such as CS1, CS2, and SP8
  • Good knowledge of regulatory and reporting requirements related to capital, solvency, or insurance financial reporting standards (IFRS 17)
  • Deep knowledge of actuarial reserving methodologies, risk transfer techniques, and exposure to quantitative methods such as cashflow projections and stochastic modelling
  • Experience with statistical modeling, including GLM and machine learning methods such as decision trees, random forest, and XGBoost
  • Good commercial judgment, with the ability to balance technical depth and business needs
  • Confidence in leading client interactions, presenting complex findings, and contributing to business development conversations
  • A proactive mindset, with the ability to improve analytics techniques, processes, and outputs

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