Business analyst-Actuarial Consultant

• 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.