Save Job Back to Search Job Description Summary Similar JobsCompetitive PayOpportunity to build things from scratchAbout Our ClientThe employer is a large organization operating within the financial services and insurance sector. They are known for offering structured and growth-oriented career opportunities within a professional work environment.Job Description● Own key actuarial judgments, recommendations, and approvals within the assigned scope, escalating material issues and risks as appropriate.● Perform end to end reserving activities for relevant lines of business, including premium and claims liability valuations● Lead regulatory and statutory reserving activities, including calculation and analysis of IBNR, reserves, and key actuarial assumptions, and preparation of all regulatory submissions such as IBNR and Financial Condition Reports (FCR)● Build, maintain, and review reserving models using ResQ reserving software or similar reserving systems● Use Python or SAS to support actuarial analysis, model validation, and process automation● Participates in broader business engagements including P&C business activities, review of business plan assumptions, and partnering with senior management on topics as required.● Supports the establishment and operation of Reserving and Technical Committees in accordance with group requirements.● Advises on reinsurance structures and supports the assessment of reinsurance costs, including participation in reinsurance discussions and negotiations as appropriate.● Apply actuarial methodologies to assess reserve adequacy, experience trends, and emerging risks● Work closely with Finance, Risk, Underwriting, and Business teams to explain reserve movements, assumptions, and results● Support audits, actuarial reviews, and governance processes● Product and actuarial pricing experience in the past with experience in controlling and managing actuarial risk within products is a good to have.The Successful Applicant● 6-10 years of work experience in P&C reserving● Demonstrated ability to lead actuarial topics independently and operate effectively with limited supervision.● Hands on experience with ResQ reserving software or similar reserving systems● Strong experience in Python or SAS● Prior experience working with insurance companies● Extensive regulatory reporting experience, including IBNR and Financial Condition Reports (FCR)● 6-7 actuarial exams cleared (out of 13) from IAI (India) or IFoA (UK), (or Singapore / Paris 7 pathway is preferred)What's on OfferCompetitive salary based on experience and expertise.Comprehensive benefits package, including health and wellness programs.Opportunities for career progression within a large organization in the financial services sector.Exposure to challenging projects in the insurance industry, fostering professional growth.Quote job refJN-052026-7019013Job summaryFunctionInsuranceSub SectorActuarialWhat is your area of specialisation?InsuranceLocationMumbaiJob TypePermanentJob ReferenceJN-052026-7019013