Senior Manager - Insurance Actuaries

Marsh & McLennan Companies Inc

Mumbai, India
On-site
Workers compensation claims analysis
Premium calculation methodologies
Financial analysis of alternative premium structures
Collect, cleanse, and validate premium and claims data from clients and insurers to ensure accuracy and reliability

Job Summary

  • Collect, cleanse, and validate premium and claims data from clients and insurers to ensure accuracy and reliability.
  • Develop and maintain bespoke reserving models tailored to client needs.
  • Continuously improve processes and methodologies, incorporating advanced actuarial techniques and emerging analytics technologies.

Matching Summary

Collect, cleanse, and validate premium and claims data from clients and insurers to ensure accuracy and reliability.

Skills & Requirements

Must-have

  • Workers compensation claims analysis
  • Premium calculation methodologies
  • Financial analysis of alternative premium structures
  • Bespoke reserving models
  • Client collaboration and insights
  • IFRS 17 reporting analytics
  • Advanced actuarial techniques

Nice-to-have

  • Machine learning techniques
  • GLM and Bayesian probability
  • Decision tree / random forest
  • Commercial awareness
  • Continuous process improvement

Key Requirements

  • Minimum 7 years of experience in P&C actuarial roles
  • Strong reserving background
  • Degree in Statistics, Mathematics, Actuarial Science, Computer Science, Engineering, or related field
  • Completion of Core Principle actuarial exams
  • Proficiency in actuarial pricing techniques
  • Advanced skills in Microsoft Excel (including VBA)
  • Programming languages such as Python or R

Work Rights

Not specified

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