Business Analyst – Actuarial Analyst

Jobtailor; Gurugram District; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Jobtailor is seeking an Actuarial Reserving Analyst to support loss reserve analyses for P&C lines. You will work on established methods like Chain Ladder, Bornhuetter-Ferguson, and IFRS/GAAP reporting while collaborating with claims, finance, underwriting, and actuarial teams.

The role requires 0–3 years of reserving experience, strong analytical skills, and familiarity with reserving tools. A relevant degree and professional affiliation are essential for success in this position.

Qualifications

• Bachelor's or Master's degree in engineering, economics, mathematics, actuarial sciences or statistics.
• IAI, IFOA, CAS or SOA affiliation with 4+ actuarial exams.
• 0–3 years of experience in P&C reserving and regulatory filings.
• Knowledge of general insurance domain and P&C actuarial concepts is essential.
• Experience with Solvency II, IFRS 4, IFRS 17 and/or GAAP reporting is desirable.
• Familiarity with reserving tools for data analysis and reserves valuation.

Responsibilities

• Support quarterly and annual loss reserve analyses using standard actuarial methods.
• Prepare analyses of loss development patterns, trends, tail factors, and large loss activity.
• Explain reserve movements, drivers, and variability to stakeholders.
• Maintain reserving datasets and assist in automating analytical workflows.
• Collaborate with claims, finance, underwriting, and actuarial teams to understand claim development patterns.
• Support statutory and regulatory reporting by jurisdiction and prepare reserve memos.

Skills

Actuarial data analysis

Communication skills

Problem solving

Independent working

Team collaboration

Education

Bachelor's/Master's in engineering, economics, mathematics, actuarial sciences, statistics

IAI/IFOA/CAS/SOA affiliation with 4+ exams

Tools

ResQ

Reservepro

Arius

Job description

Support quarterly and annual loss reserve analyses using actuarial best practices, including Chain Ladder, Bornhuetter-Ferguson, Expected Loss Ratio, Cape Cod, Berquist Sherman, and Frequency/Severity methods
Prepare and analyze loss development patterns, trend, tail factors, and large loss activity
Identify emerging issues and explain reserve movements, variability, and key drivers
Maintain reserving datasets and assist in building automated analytical workflows
Perform exploratory data analysis to identify emerging loss trends and anomalies
Perform roll-forwards, AvE summaries, and other reserving analysis
Support the timely preparation and submission of statutory and regulatory reports by jurisdiction
Prepare actuarial exhibits, documentation, and reserve memos for reserve committee packs
Work closely with claims, finance, underwriting, and actuarial teams to understand claim development patterns and business changes affecting reserves

Requirements

• Bachelor's/Master's degree in engineering, economics, mathematics, actuarial sciences, statistics
• Affiliation to IAI, IFOA, CAS or SOA with 4+ actuarial exams
• 0-3 years of experience in P&C reserving and regulatory filings
• Knowledge of general insurance domain and P&C actuarial concepts is a must
• Experience of Solvency II, IFRS 4, IFRS 17 and/or GAAP reporting is desirable
• Working experience in reserving tools such as ResQ, Reservepro, Arius and other relevant tools for data analysis and reserves valuation
• Excellent analytical and problem-solving skills, with the ability to analyze large datasets and make data-driven decisions
• Strong communication skills, including the ability to effectively communicate complex 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

Core Competencies

Demonstrates expertise in actuarial methodologies and loss reserving practices, with a strong foundation in data analysis and regulatory reporting. Proficient in collaborating with cross-functional teams to drive insights and support decision-making in the property and casualty insurance domain.

Highest-signal resume keywords

• Actuarial Best Practices
• P&C Reserving Experience
• Data Analysis
• Regulatory Reporting
• Communication Skills

ATS Optimization Keywords

Hard Skills

• Chain Ladder Method
• Bornhuetter-Ferguson Method
• Expected Loss Ratio
• Cape Cod Method
• Berquist Sherman Method
• Frequency/Severity Methods
• Loss Development Patterns
• Statutory Reporting
• Exploratory Data Analysis
• Reserving Analysis

Soft Skills

• Analytical Skills
• Problem-Solving Skills
• Detail-Oriented
• Organizational Skills
• Time Management Skills

Certifications & Qualifications

• Bachelor's Degree
• Master's Degree
• IAI Affiliation
• IFOA Affiliation
• CAS Affiliation
• SOA Affiliation

Industry Keywords

• P&C Insurance
• Actuarial Sciences
• Solvency II
• IFRS 4
• IFRS 17
• GAAP Reporting

Tools & Technologies

• ResQ
• Reservepro
• Arius