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Business Analyst-Actuarial Consultant
Posted on May 25, 2026
- Hr, India
- 0 - 0 USD (yearly)
- Full Time
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- Job Description: Support quarterly and annual loss reserve analyses using actuarial best practices (such as Chain Ladder, Bornhuetter-Ferguson, Expected Loss Ratio, Cape Cod, Berquist Sherman, Frequency /Severity methods).
- Prepare and analyze loss development patterns, trend, tail factors, and large loss activity.
- Identify emerging issues and explain reserve movements, variability, and key drivers.
- Maintain reserving datasets and assist in building automated analytical workflows.
- Perform exploratory data analysis to identify emerging loss trends and anomalies.
- Perform roll-forwards, AvE summaries, and other reserving analysis.
- Support the timely preparation and submission of statutory and regulatory reports, basis jurisdiction.
- Prepare actuarial exhibits, documentation, and reserve memos for reserve committee packs.
- Work closely with claims, finance, underwriting, and actuarial teams to understand claim development patterns and business changes affecting reserves.
- Responsibilities: Support quarterly and annual loss reserve analyses using actuarial best practices (such as Chain Ladder, Bornhuetter-Ferguson, Expected Loss Ratio, Cape Cod, Berquist Sherman, Frequency /Severity methods).
- Prepare and analyze loss development patterns, trend, tail factors, and large loss activity.
- Identify emerging issues and explain reserve movements, variability, and key drivers.
- Maintain reserving datasets and assist in building automated analytical workflows.
- Perform exploratory data analysis to identify emerging loss trends and anomalies.
- Perform roll-forwards, AvE summaries, and other reserving analysis.
- Support the timely preparation and submission of statutory and regulatory reports, basis jurisdiction.
- Prepare actuarial exhibits, documentation, and reserve memos for reserve committee packs.
- Work closely with claims, finance, underwriting, and actuarial teams to understand claim development patterns and business changes affecting reserves.
- Qualifications: Bachelor’s/Master's degree in engineering, economics, mathematics, actuarial sciences, statistics.
- Affiliation to IAI, IFOA, CAS or SOA with 4+ actuarial exams.
- 4-6 years of experience in P&C reserving and regulatory filings.
- Knowledge of general insurance domain and P&C actuarial concepts is a must.
- Experience of Solvency II, IFRS 4, IFRS 17 and/or GAAP reporting is desirable.
- Working experience in reserving tools such as ResQ, Reservepro, Arius and other relevant tools for data analysis and reserves valuation.
- Excellent analytical and problem-solving skills, with the ability to analyze large datasets and make data-driven decisions.
- Strong communication skills, including the ability to effectively communicate complex actuarial concepts to both technical and non-technical stakeholders.
- Ability to work independently and collaboratively in a team-oriented environment.
- Detail-oriented with strong organizational and time management skills.
- Ability to adapt to changing priorities and deadlines in a fast-paced environment.
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