JOB DESCRIPTION / ROLE
Technician - Product Pricing, Claims Reserving and Business Planning (Actuarial & Risk)
Core responsibility is to contribute to the actuarial and risk analysis/process used for product pricing, claims reserving and business planning.
The role will require involvement in the following areas:
Reserving
• Provide support and contribute to Quarterly Actuarial Reserving Calculations
• Undertake the data preparation and reconciliation of reserving exercises
• Assist on reserving actuarial modelling
• Prepare Quarterly Reserving Summary Reports as well as applicable statutory reports
• Support the coordination of Solvency 2 technical provision calculation
Pricing
• Assist in development and testing of Facultative pricing tools
• Assist on governance, monitoring and documentation fo all pricing tools
• Assist on development and testing of treaty pricing tools Assist in Retro Pricing Analysis
Business Planning
• Assist on the review of Forecasting Models Development
• Assist on the review in Risk Budget Modelling and reports
• Assist on the review in Planning scenarios
Other
• Undertake the Cashflow calculations and Reports
• Assist in Solvency 2 QRTs Completion
• Contribute with insight and research to relevant sections of ERM reports and assist in the preparation of such reports.
REQUIREMENTS
• Graduate in Actuarial Science from accredited university in UK or US.
• Minimum 2 – 3 years of relevant experience within the insurance industry.
Skills
• Excellent communication skills & ability to engage with employees & stakeholders at all levels
• Excellent Networking and customer service skills
• Profound organization skills and the ability to handle several tasks
• Strong analytical skills
• Excellent influencing and negotiation skills
ABOUT THE COMPANY
Human Capital House was set up in the year 2013 with a vision to be a progressive talent acquisition partner for organizations within the local and regional market in the Middle East.
As international markets get ever demanding, corporations globally are presented with the challenges of attracting the right talent. Human capital retention and recruitment remain a critical factor to the success of any company. Strategic decision to recruit the right talent is a key issue to organization as wrong candidate selection can potentially be disastrous to their efficiency.
The critical aspect of choosing the right individual with the apt experience and knowledge becomes more crucial as he/she would need to share the ambitions of the employer, while fitting in to the new culture. Human Capital House has both the experience and expertise to help its clients make the right choice of selection. From understanding client requirements, through identifying and assessing the candidates, our systematic approach strives to ensure successful executive recruitment.
