Assistant Manager - RNA
Assistant Manager - RNA
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Job Description
Role: Pricing General Requirements: Knowledge of mathematics probability statistics and Commercial InsuranceBusiness Knowledge of Underwriting process and Insurance pricing methodologies (Conventional and Innovative approaches)Mandatory Requirements: Work experience in Pricing for both short tail and long tail classes of commercial insurance business (eg. property and liability lines)Work Experience on pricing modelling using Exposure and Experience rating methodologiesShould have in-depth knowledge in determining LDFs of portfolio using ILFs and Loss CurvesShould be able to analyse the ILF curves/Loss curves review them make adjustments and perform impact analysisShould have built pricing tools/ raters on Excel or RulebookShould have knowledge on Frequency Severity modelling and Loss cost modellingAdditional good to have requirements: Knowledge of Actuarial tools (EMBLEM/RADAR) data mining tools like SAS/R/Python automation using VBA macrosKnowledge of ST-8 General Insurance Pricing Actuarial science would be preferableWork experience on GLM modelling Frequency and Severity Screening parameters: Work experience in General Insurance PricingKnowledge on Pricing Exposure & Experience rating techniques (familiar with key concepts like LDF ILF loss curves) Cleared or appeared for Actuarial Science exam- ST-8: General Insurance PricingExposure to Pricing Modelling (Frequency & Severity modelling) using Emblem/R/SAS/Python
Qualifications :
Qualifications: Proficient in predictive analytics methodology and its use in the insurance in use of R Python and other open-source languages. Familiarity with AWS SAS and Willis Towers Watson modeling software knowledge of P&C insurance marketplace in the United States and the Independent Agent channel specifically. Including an understanding of best practices and the competitive landscape.
Remote Work :
No
Employment Type :
Full-time
Employment Type
Full-time
