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83 Liberty Mutual Insurance Jobs

DVP & Chief Actuarial Manager

6-13 years

Mumbai

1 vacancy

DVP & Chief Actuarial Manager

Liberty Mutual Insurance

posted 19d ago

Job Description

Primary Responsibilities:
  • Motor TP modelling and reserving : create robust predictive models using Motor TP data to guide sourcing strategy and provide reserving insights at a segmented level.
  • Pricing and product development : collaborate with product management team to price new products/add-ons that achieve the Company s economic goals.
  • Risk Based Capital : assess the Company s solvency position using the prescribed capital framework and be able to communicate key insights to management.
  • Regulatory Reporting : assist with the compilation of regulatory reports like the FCR, IBNR Report, ALM, ECR etc.
  • Monitor portfolio performance : evaluate various diagnostic tools to assess how written business is performing relative to models.
  • Partner with Underwriting, Sales, Finance and Claims functions.
Working Relationships:
Internal:
  • Underwriting
  • Distribution
  • Finance & Investments
  • Compliance
  • Operations, Claims, IT
External:
  • IRDAI& GI Council
Competencies:
  • Strong knowledge of general insurance, products and pricing including relevant policy, regulatory and compliance frameworks.
  • Experience with predictive modelling and portfolio management.
  • Excellent interpersonal skills, the ability to build relationships and influence management
Key Requirement:
  • 5+ years of general insurance experience in actuarial department and 2+ years as an Actuarial Manager.
  • Expertise in Excel, SAS/SQL required.
  • Expertise in predictive modelling preferably Emblem.
Qualifications
Graduate / Postgraduate.
The candidate should be qualified fellow of the Institute of Actuaries of India.

Employment Type: Full Time, Permanent

Read full job description

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What people at Liberty Mutual Insurance are saying

What Liberty Mutual Insurance employees are saying about work life

based on 8 employees
83%
100%
66%
100%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

Liberty Mutual Insurance Benefits

Team Outings
Work From Home
Job Training
Free Transport
Child care
Gymnasium +6 more
View more benefits

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