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Role: Actuarial/ Actuary Experience: 2+ years Comms Skills: Excellent Location: Mumbai and Bangalore Incentives: Yes Transport: Yes Work Mode: Hybrid, UK Shift Week off: Sat & Sun Tools or Skills required: – Cleared minimum 2 papers in Actuarial science, 2+ years of experience in General Insurance (Life insurance is not accepted). – Should have exp in P&C, Reserving or Pricing. – Should have willingness to be part of Actuarial team in long run. – Stability in each Organization Candidate Responsibilities: – The candidate will work in Reinsurance Pricing/Reserving teams for business lines like Property & Casualty, Motor, and/or Specialty lines like Aerospace and Marine. – The teams provide pricing/reserving of contracts and dynamic portfolio optimization for international clients, serviced via our international offices. – The principal responsibilities for the candidate will be: – Data cleansing and processing to facilitate actuarial analysis – Assist onshore stakeholders and Actuaries in performing Actuarial Pricing/Reserving Analysis such as Experience rating and Exposure rating for building a comprehensive, multi-dimensional loss model in accordance with client risk profiles and industry norms – Estimating reinsurance pricing/reserving and determining optimal Reinsurance Strategies – Prepare and provide reports and decks for the performed analyses – Contribute towards the Industry studies and Benchmarking activities, that aim at promoting Gallagher Re as thought leader in reinsurance marketplace – Contribute to development of innovative concepts, tools or automating current process. Qualification: – Graduate/Post-graduate, preferably in Stats/Maths/Eco/Commerce – A student member of any of the following institutes: – Institute of Actuaries of India (IAI) – Institute of Faculties of Actuaries – UK (IFoA) – Min. 2 Actuarial exams cleared as per the new Curriculum, along with zeal of pursuing the qualification further – A relevant internship or industry experience of 2 – 5 years will be an added advantage