General Insurance Actuary - London, United Kingdom - Tata Consultancy Services
Description
Readyto utilise your experience inactuarial functions?
Doyou have expertise in
valuation for general insurance products?
We have an exciting role for you -
GeneralInsurance Analyst.
TheRole
Keyresponsibilities:
- Carry out analysis related to the new E2Eactuarial valuation process, identifying opportunities, and proposing solutionsfor the same.
- Canvas opinion on newprocesses/initiatives/models with relevant stakeholders.
- Help to spec out model build design.
- Assist in the testing of any new modelsbuilt including implementation testing.
- Document decisions and approaches.
- Troubleshoot issues with newmodels/processes/data.
- Source new data understanding it,cleaning it, suggesting how to use it.
- Liaise with the existing valuation teamto understand issues and efficiencies arising from new processes/models.
- Work with various governance areas (EUC,iCare, FRCF) to ensure that new processes/model are compliant.
- Understanding the interconnections on thenew processes and models.
YourProfile
Keyskills/knowledge/experience:
- Reserving and Reporting of GI products.
- Significant experience in the existingvaluation process models, processes, approaches, data, TM1, AIM, MAV.
- Good understanding of the nonstandardareas such as PPOs, Healthcare etc.
- High level of analytical skill andexperience particularly in handling large data volumes.
- Good communication skills being able toexplain complex processes in terms people can understand.
- Ability to solve complex problems andmake recommendations.
- Very comfortable with change, has astrong desire to improve current processes by always looking for efficienciesand better ways of doing things.
- Graduation in Engineering OR postgraduationin Actuarial, Finance, Mathematics, Statistics, Commerce or Economics.
- Credit of actuarial exams.
- Experiencewith General Insurance clients in the UK & Ireland.
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