Sr. Manager/ Chief Manager- Acturial

Bellwether Talent Solutions Pvt Ltd
  • Delhi
  • 10-15 lakh
  • 5-10 years
  • 21 Oct 2015

  • HR/ Human Resources

  • Insurance
Job Description

The job holder would be responsible for:
Reporting to the Appointed Actuary
Independently handle
o All Actuarial analytic needs of the company to provide insights into root causes for experience trends
and possible corrective actions
o Make presentations to management about the findings and recommend corrective actions. Monitor
process on the actions and ensure closure.
o Set-up processes, data systems etc for regular analysis of experience. Prepare monthly and quarterly
claim cost experience reports for management and Board
o Perform need based analysis to analyze experience in a particular areas
o Develop claim cost projections for planning and set-up framework for monitoring actual experience
against plan
o Closely work with Underwriting and claims teams to work on projects to analyze actual vs expected
patterns on various key metrics
Liaison with other functions for completing above responsibilities
Coach, guide and train junior team members.
Assist in other actuarial projects as and when required
Loss ratio forecasting, taking inputs from Health Benefits Management and HRM teams. Agree on tracking
mechanism for actual vs planned metrics, translating the actions / metrics to loss ratio impact

Competencies/Skill sets for this job

Acturial Projects Loss Ratio Presentations Trends Cost Projections

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