drjobs SME II - Actuarial Pricing

SME II - Actuarial Pricing

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Job Location drjobs

Bengaluru - India

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Description

Roles & Responsibilities:

As a key member of the Australia Business Package pricing team you will perform the quarterly portfolio reviews independently. The main responsibilities are as follows:

Collaborate closely with the Australia Business Package Pricing team on critical pricing initiatives including comprehensive portfolio reviews and actuarial pricing exercises.

Independently perform the portfolio reviews for the Business Package product to analyze product performance focusing on profitability loss ratios and emerging trends.

Present portfolio review to pricing actuaries underwriters and stakeholders facilitating informed business and strategic decisions.

Design develop and maintain pricing models that incorporate risk factors market trends and claims experience.

Leverage actuarial methodologies and data analytics to conduct thorough analyses of experience identifying areas for improvement and opportunity.

Lead initiatives aimed at enhancing the portfolio review process implementing efficiency improvements that contribute to overall business performance.

Eligibility:

Bachelors degree in Actuarial Science Mathematics Statistics or a related field.

7 to 10 years relevant actuarial work experience in Property & Casualty insurance with experience in pricing or portfolio reviews

Strong analytical skills with proficiency in statistical software (e.g. R Python SQL) and actuarial tools.

Excellent communication skills with the ability to convey complex information clearly to nontechnical stakeholders.

Strong problemsolving skills and attention to detail.

Ability to work independently and collaboratively in a team environment.

Our company and culture

Chubb Business Services India focuses on building strong capability in the areas related to technology CAT modeling risk management actuarial services and advanced analytics. The culture we would like to establish would align with the core principles of the organization as outlined below with the desire to transform and grow together.

Our culture reflects a commitment to craftsmanship and as craftspeople we adhere to certain ideals:

  • A CanDo Attitude we are optimistic about our future and we have an enthusiasm to serve our customers and business partners with utmost speed and energy. We approach our work with passion people want to live their lives with meaning. We have a shared vision to build something great to serve society and leave the world a little better place because weve been here.
  • Excellence in All We Do we hold ourselves to exacting standards of technical proficiency. Customers can count on us to pay claims fairly and quickly. Agents and brokers can rely on us for attention to detail and help them build their businesses
  • Constant Improvement we are a learning organization. We are constantly searching for ways to improve our craft. We relentlessly pursue datadriven insights to drive better smarter decisionmaking our portfolio management efforts for example.

Global Reach and Local Expertise we apply our craft locally all around the world. We appreciate differences in culture history and geography. And this enables us to adapt accordingly to best serve diverse customers markets and distribution



Qualifications

Roles & Responsibilities:

As a key member of the Australia Business Package pricing team you will perform the quarterly portfolio reviews independently. The main responsibilities are as follows:

Collaborate closely with the Australia Business Package Pricing team on critical pricing initiatives including comprehensive portfolio reviews and actuarial pricing exercises.

Independently perform the portfolio reviews for the Business Package product to analyze product performance focusing on profitability loss ratios and emerging trends.

Present portfolio review to pricing actuaries underwriters and stakeholders facilitating informed business and strategic decisions.

Design develop and maintain pricing models that incorporate risk factors market trends and claims experience.

Leverage actuarial methodologies and data analytics to conduct thorough analyses of experience identifying areas for improvement and opportunity.

Lead initiatives aimed at enhancing the portfolio review process implementing efficiency improvements that contribute to overall business performance.

Eligibility:

Bachelors degree in Actuarial Science Mathematics Statistics or a related field.

7 to 10 years relevant actuarial work experience in Property & Casualty insurance with experience in pricing or portfolio reviews

Strong analytical skills with proficiency in statistical software (e.g. R Python SQL) and actuarial tools.

Excellent communication skills with the ability to convey complex information clearly to nontechnical stakeholders.

Strong problemsolving skills and attention to detail.

Ability to work independently and collaboratively in a team environment.



Employment Type

Full-Time

Company Industry

About Company

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