Associate Actuary and Senior Analyst II - Actuarial Reserving
Chubb Business Services India Private Limited
Bangalore, Karnataka, India
Full-time, Regular
Posted Oct 06, 2025
None
Compensation
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About the role
Work closely with onshore actuaries throughout the reserving process, which includes data preparation, strategic analysis, and reconciliations. Analyze and document the reasons for changes in Actuals vs Expected by Region and Line of Business on a monthly and quarterly basis. Prepare Internal & External Audit reports and relevant Exhibits by sourcing, formatting, and aggregating data from multiple sources on a semi-annual basis.
Responsibilities
- Work closely with onshore actuaries throughout the reserving process, which includes data preparation, strategic analysis, and reconciliations.
- Analyze and document the reasons for changes in Actuals vs Expected by Region and Line of Business on a monthly and quarterly basis.
- Prepare Internal & External Audit reports and relevant Exhibits by sourcing, formatting, and aggregating data from multiple sources on a semi-annual basis.
- Validate Reserving Assumptions and selections in ResQ.
- Summarize Final exhibits like Triangles, Ultimates, and Loss ratios for Re-Insurance treaty sign-off.
- Handle ad-hoc requests from onshore and perform work with minimal assistance.
- Guide and support junior team members by instructing them on processes and resolving their doubts.
- Actively participate in developing the team's training needs and foster a culture of learning.
- Manage and assist a team of analysts in performing the above tasks and manage stakeholder relationships.
Requirements
- Strong knowledge of analytical skills on large data and reserving techniques.
- Experience in P&C insurance is preferred.
- Strong knowledge of MS Office applications (especially Excel, SQL, VBA).
- Experience with BRIO, Qlik, ResQ, R, Power Query/Power BI is a added advantage.
- Preferably a Graduate/Postgraduate in Actuarial Science, Mathematics, Statistics, or Economics/Metrics.
- Strong analytical thinking and an eye for detail.
- Excellent communication skills to foster frequent stakeholder interactions.
- A team player with the ability to collaborate effectively to achieve team goals.
- A passion for continuous learning and a focus on building a long-term career.
- An innovative approach focused on adding value to existing processes.
Benefits
- Strong knowledge of analytical skills on large data and reserving techniques
- Experience in P&C insurance is preferred
- Strong knowledge of MS Office applications (especially Excel, SQL, VBA)
- Experience with BRIO, Qlik, ResQ, R, Power Query/Power BI is a added advantage
- Preferably a Graduate/Postgraduate in Actuarial Science, Mathematics, Statistics, or Economics/Metrics
- Strong analytical thinking and an eye for detail
- Excellent communication skills to foster frequent stakeholder interactions
- A team player with the ability to collaborate effectively to achieve team goals
- A passion for continuous learning and a focus on building a long-term career
- An innovative approach focused on adding value to existing processes
About the Company
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Job Details
Salary Range
Salary not disclosed
Location
Bangalore, Karnataka, India
Employment Type
Full-time, Regular
Original Posting
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