Actuarial Specialist

atPORCH πŸ’šRemoteIN flagIndiaFull-timeActuaryMid-levelSeniorβ‚Ή712.5k – β‚Ή997.5k/year

Posted 1 day ago

This is a fully remote position, open to applicants in India.

πŸ“‹ Description

β€’ Oversee the development and upkeep of rating plans and indication frameworks.

β€’ Create and execute sophisticated pricing models and segmentation strategies.

β€’ Lead the preparation of nationwide rating algorithm initiatives, ensuring precision and adherence to regulations.

β€’ Set up documentation and governance standards for pricing models.

β€’ Provide mentorship and coaching to actuarial analysts; review their work for accuracy and thoroughness.

β€’ Explore enhancements in segmentation and offer strategic insights and recommendations to senior management.

β€’ Deploy innovative analytical tools and techniques to enhance the department's analytical capabilities and accelerate results.

β€’ Collaborate with teams across Product, Reserving, Data Science, Underwriting, Sales, and Claims.

β€’ Continue working towards actuarial credentials through ongoing exam completion and professional development activities, if applicable.


⛳️ Requirements

β€’ Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related discipline.

β€’ Strong preference for candidates with Associate designation or nearing completion from CAS, IFOA, or IAI.

β€’ Minimum of 5 years of experience in general insurance actuarial/pricing, including leading complex projects.

β€’ Proficiency in Excel at an expert level.

β€’ Advanced skills in SQL and Python/R.

β€’ Demonstrated ability to communicate effectively with senior leadership and regulatory bodies.

β€’ Strategic mindset and leadership skills, with a strong focus on governance and risk management.

β€’ Capability to influence and communicate proficiently with executives.

β€’ Solid experience collaborating with US-based business teams.

β€’ Exceptional written and verbal communication skills in English.

β€’ Ability to work 8 hours excluding breaks, including a 4-hour overlap with core US hours.

β€’ A quiet workspace is required.

β€’ Internet connection with a minimum of 30 Mbps download and 10 Mbps upload speed.


🏝️ Benefits

β€’ Medical insurance.

β€’ Accident insurance.

β€’ Retirement benefits.

β€’ 12 company-paid holidays.

β€’ 2 flexible holidays.

β€’ Privilege/earned leave.

β€’ Casual/sick leave.

β€’ Paid maternity and paternity leave.

β€’ Weekly wellness events.

β€’ Ongoing exam completion and professional development activities, if relevant.

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