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Actuarial Analyst

Assurant·Mumbai

Pay not stated8–14 yrsFull-time

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About the role

The Actuarial Analyst will be responsible for evaluating, underwriting, and managing reinsurance risks in line with the branch's underwriting strategy, risk appetite, and regulatory requirements. The role will support profitable business growth while ensuring compliance with IFSCA regulations, internal underwriting guidelines, and group policies applicable to the Foreign Reinsurance Branch operating as an IFSC Insurance Office (IIO).

What you'll do

  • Assess, evaluate, and approve facultative and treaty reinsurance risks in line with approved underwriting guidelines, delegated authority limits, and risk appetite
  • Develop, maintain, and periodically review pricing models, risk selection criteria, underwriting frameworks, and exposure management standards
  • Ensure adherence to approved risk appetite, underwriting governance requirements, accumulation controls, and exposure limits
  • Work closely with brokers, cedants, and business partners to support business development, client retention, and profitable portfolio growth
  • Monitor portfolio performance, loss ratios, claims trends, premium adequacy, and overall underwriting profitability

What you need

  • 8–14 yrs of experience
  • Actuarial
  • Underwriting
  • Statistics
  • AML
  • Reporting
  • Compliance
  • Any graduate

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