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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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48 ACKO Jobs

Senior Manager - Reserving

4-6 years

₹ 27 - 39L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Bangalore / Bengaluru

1 vacancy

Senior Manager - Reserving

ACKO

posted 3mon ago

Job Description

What You Will Do
  • Develop actuarial models for liability valuation, ALM, capital projections, reserve risk measurement, reinsurance management, etc.
  • Manage activities such as policyholders liability valuation, capital management, regulatory actuarial submissions, actuarial Board submissions and reinsurance management.
  • Coordinate with other function heads such as Finance, Claims, Underwriting, etc. to streamline the regular operations
  • Coordinate with Product, Technology and Analytics teams to build automated data structures and reports for corporate actuarial models
  • Conduct solvency projections and raise capital requirement calls
  • Reserving for different lines of business, analyzing the performance of various LOBs, ensuring reserve adequacy, calculating margin for adverse deviations, etc.
  • Manage and develop a team of 3-4 members.
Who we are looking for
  • A detail-oriented part-qualified Actuary experienced in managing reserving processes, building and managing actuarial models
  • 4-6 years of experience in reserving for insurance, consulting or reinsurance firms
  • Sharp analytical mind, someone who enjoys thinking on their feet and devising innovative solutions to complex problems
  • Keen attention to detail
  • Great stakeholder management skills (both internal and external)
  • Above-average educational background

Employment Type: Full Time, Permanent

Read full job description

Prepare for Senior Manager roles with real interview advice

Top ACKO Senior Manager Interview Questions

Q1. Flip Equivalent Binary Tree Problem Determine whether two binary trees, given by their roots 'ROOT1' and 'ROOT2', are flip equivalent. A tr ... read more
Q2. Ninja and Alternating Largest Problem Statement Ninja is given a sequence of numbers and needs to rearrange them so that every second eleme ... read more
Q3. Split Array Into Increasing Subsequences Problem Statement You are provided with an integer array ARR of size N sorted in ascending order. ... read more
View all 39 questions

What people at ACKO are saying

4.2
 Rating based on 9 Senior Manager reviews

Likes

Approach toward the customer, Tech ability, senior support.

  • Salary - Good
  • +2 more
Dislikes

work-life balance is terrible, HR is not monitoring employee lifecycle & working hours

  • Skill development - Poor
  • +1 more
Read 9 Senior Manager reviews

Senior Manager salary at ACKO

reported by 45 employees with 4-11 years exp.
₹10.5 L/yr - ₹35 L/yr
18% more than the average Senior Manager Salary in India
View more details

What ACKO employees are saying about work life

based on 510 employees
68%
71%
66%
97%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

ACKO Benefits

Submitted by Company
Cafeteria
Work From Home
Team Outings
Education Assistance
Soft Skill Training
Health Insurance +8 more
Submitted by Employees
Health Insurance
Work From Home
Cafeteria
Free Food
Job Training
Soft Skill Training +6 more
View more benefits

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ACKO Bangalore / Bengaluru Office Location

View all
Bengaluru/Bangalore, Karnataka Office
Headquarter
#36/5, Hustlehub One East, Somasandrapalya, 27th Main Rd, Sector 2, HSR Layout Bengaluru/Bangalore, Karnataka
560102

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