Business Analyst - Actuarial Pricing

Role & Responsibilities Overview:

• Doing independent research, analyze, and present data assigned
• Expected to work in close collaboration with the team and clients on general insurance actuarial projects for US markets.
• Translate business needs from clients into structured functional requirements, user stories, and business framework documents.
• Gather and document reporting requirements from clients to define the specific metrics, KPIs (e.g., loss ratios, written premiums, rate changes), and data views needed in Power BI and Tableau.
• Act as the primary functional bridge between client stakeholders and BI developers, translating business reporting needs into clear technical specifications, data mapping documents, and mockups/wireframes.
• Complete understanding of the current situation and problem statement
• Interacting with clients on regular basis, understanding their requirements and transforming that into business framework and providing actuarial solutions
• Experienced in Personal and commercial lines general insurance pricing, reserving for US insurance markets
• Should be aware of regulatory reporting requirements related to reserves (like statutory filings, IFRS 17, GAAP).
• Assist in learning and development of new team members, manage work assigned to and delivered by the team working in a hybrid (onshore/offshore) setup
• Identify and participate in continuous improvement initiatives
• Ensure compliance with Data Privacy and Protection Guidelines

Candidate Profile:

• Knowledge of general insurance domain and P&C actuarial concepts is a must
• Bachelor's/Master's degree in economics, mathematics, actuarial sciences
• Affiliation to IAI or IFOA, with at least 6 CT actuarial exams, plus SP 7,8 will be added advantage
• 7+ years of experience in the General Insurance / P&C domain, with a deep functional understanding of P&C Actuarial Concepts and GI Pricing
• Solid conceptual knowledge of Reserving methods and models to effectively gather requirements for valuation and financial reporting projects.
• Should have a consultative mindset and drive discussions with clients independently
• Proven track record as a Business Analyst bridging the gap between business stakeholders (underwriters/ actuaries) and technical development teams (BI/Data Engineers).
• Excellent analytical and problem-solving skills, with the ability to analyze complex data and make data-driven decisions
• Outstanding written and verbal communication skills
• Able to work in fast pace continuously evolving environment and ready to take up uphill challenges
• Able to understand cross cultural differences and can work with stakeholders across the globe
• Strong data literacy and analytical skills, with advanced proficiency in SQL, Excel, and a solid functional understanding of data flows feeding into Power BI and Tableau dashboards.
• Strong communication skills, including the ability to effectively communicate actuarial concepts to both technical and non-technical stakeholders.
• Ability to work independently and collaboratively in a team-oriented environment.
• Detail-oriented with strong organizational and time management skills.
• Ability to adapt to changing priorities and deadlines in a fast-paced environment.