Job Description

We are recruiting for a Top Tier ICT organisation.

Require an experienced Sr. Actuarial Analyst MUST HAVE INSURANCE EXPERIENCE

focusing on risk monitoring, profitability analysis, and other key actuarial functions. This role involves conducting in-depth reviews of insurance product profitability, assessing portfolio risk, and working closely with various teams to support sound underwriting and pricing decisions. The ideal candidate will bring a blend of technical actuarial skills, analytical expertise, and experience within the general insurance industry, particularly in Property & Casualty (P&C).

Key Responsibilities

· Data extraction and preparation for pricing studies and analysis

· Conduct market and competitor research esp. filing material

· Support filing activities including indications, base rate changes, rate monitoring, dislocations etc.

· Prepare filing exhibits or regulatory requirement exhibits

· Develop internal QC processes to ensure filing accuracy and quality

· Train and upskill team members in new rating and filing tools & techniques

· Identify process enhancements opportunities and propose automation-based solutions

· Apply actuarial pricing techniques of exposure and experience rating based on data quality and availability

· Understand and incorporate product changes, rating factors and other inputs to develop new rates or revise existing rates

· Coordinate with product owners to understand pricing requirements and timelines

· Support actuarial data processing involving loss development, trend analysis and IBNR allocation

· Support data extraction, analysis and transformation to produce final

datasets for downstream analysis

· Apply advanced statistical techniques like GLMs, XGBoost, Lasso etc. to build predictive models

· Understand and incorporate external factors like inflation, CAT impact etc.to produce comprehensive rates

· Cross-Functional Collaboration:

· Partner with underwriting, finance, and data analytics teams to align on product goals and refine risk management strategies.

· Present findings to senior leadership, translating complex actuarial concepts into actionable insights.

Qualifications

· Bachelor’s degree in actuarial science, Mathematics, Statistics, or a related field; completion of actuarial exams with ASA or FSA designation preferred.

· 7+ years of actuarial experience in the insurance industry, ideally within P&C.

· Proven expertise in risk assessment, monitoring, and profitability review.

· Strong analytical and quantitative skills, with proficiency in actuarial modeling software (e.g., R, SAS, Python) and Excel.

· Familiarity with insurance regulations, rate filings, and compliance requirements.

· Excellent communication and interpersonal skills, with the ability to explain complex concepts to non-technical stakeholders.

· Ability to work independently and collaboratively in a fast-paced, dynamic environment.

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