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Actuarial Trainee

Go Digit General Insurance · Bangalore

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<p>Job Opportunities: You will work with the below team: • </p><p>Actuarial Team: You can be placed in any of the following teams:</p><p> Motor Actuarial</p><p>Non-Motor Actuarial</p><p>Actuarial Life Insurance</p><p>Reporting & Reserving or any other team under the actuarial ecosystem </p><p> o Support quarterly actuarial reserving, valuation, solvency, and regulatory reporting processes. </p><p> o Assist with data extraction, validation, cleaning, and preparation to ensure accuracy and consistency. o Support pricing and product development. </p><p> o Contribute to the development and maintenance of actuarial pricing models and predictive models. o Maintain and update pricing assumptions, methodologies, and supporting documentation.</p><p> o Perform portfolio monitoring, scenario analysis, and ad-hoc actuarial/analytical studies to support business decisions. </p><p> o Analyse large insurance datasets to identify risk, pricing, underwriting, and claims insights. </p><p> o Collaborate with Actuarial, Finance, Data, Underwriting, Sales, and other stakeholders to support profitability and growth objectives. </p><p> o Provide fact- and data-driven inputs to pricing and underwriting decisions and communicate insights to stakeholders. </p><p> o Support audit queries, regulatory requirements, and internal/external reporting. o Identify opportunities to improve pricing, underwriting, claims processes, and portfolio performance. </p><p> o Ensure adherence to data quality, actuarial methodologies, industry trends, and regulatory requirements. </p><p> Job Location: Bangalore </p><p> Eligibility Criteria: UG in Eco/Statistics/Maths/Commerce (Candidates pursuing Actuarial Sciences exams preferred) </p><p> Note: Clearing Licentiate will be a mandate for confirmation and increment processing, in case you have not cleared at least one Actuarial paper or equivalent (excluding CB3) at the time of confirmation.</p>