Manager - Reserving

ACKO Technology & Services Private Limited; Bengaluru; On-site; INR 1,800,000 - 2,500,000; Full time

Job summary

ACKO Technology & Services Private Limited is seeking an actuarial professional with 2–4 years in the GI industry. The role focuses on reserving, IFRS 17, and risk management, working with Finance, Claims, Underwriting, Risk, and IT to deliver insights and regulatory submissions.

The candidate should clear 4 actuarial papers (CM2 preferred), demonstrate strong analytical and communication skills, and thrive in a collaborative, detail-oriented environment.

Qualifications

• 2–4 years of experience in the General Insurance (GI) industry.
• Minimum of 4 actuarial papers cleared; CM2 preferred.
• Strong analytical and problem-solving skills with the ability to think critically and develop innovative solutions to complex problems.
• High attention to detail and a strong commitment to accuracy.
• Effective stakeholder management and communication skills, with the ability to collaborate across internal and external teams.
• Strong academic background and a willingness to learn and take on new challenges.

Responsibilities

• Support reserving across multiple lines of business (LOBs) and analyze performance.
• Assess reserve adequacy and calculate margins for adverse deviations.
• Collaborate with Finance, Claims, Underwriting, Risk, and IT to drive actuarial insights.
• Contribute to regulatory actuarial submissions and Board-level reporting.
• Partner with teams on automation initiatives to improve BAU actuarial processes.
• Support IFRS 17 implementation and related actuarial activities.

Skills

Analytical thinking

Problem solving

Stakeholder management

Communication skills

Education

Actuarial exams CM2 or equivalent

Job description

About Us

ACKO is the protection destination for over 200 million tech-savvy families across India, protecting their families, assets and money. Launched in 2016, ACKO started by reimagining insurance, making it simple, hassle-free and customer-first. Today, our mission goes beyond that: we aim to touch the lives of 1 million users, building products that solve real-world problems with technology at the core.

We are not just another insurance company, our DNA is product-tech, and our approach is bold, innovative, and digital-first. From zero commission, zero paperwork, and instant renewals to same-day claims settlements and app-based tracking, ACKO is a Welcome Change from traditional insurers.

But what truly sets us apart? Our people. At ACKO, every Acker’s voice and ideas matter. We’re a vibrant, inclusive team of creators, thinkers, and doers, building products that redefine protection while ensuring each Acker grows, thrives and does meaningful work.

Join us at ACKO, where bold ideas, real impact and tech-driven innovation redefine protection and peace of mind - and where YOU can make a real difference in people's lives. ACKO is a product-tech company, launched in 2016, solving real-world problems for customers, starting with insurance. And as a customer-first organization serving the digitally-savvy, ACKO’s value proposition of ‘Welcome Change’ focuses on offerings that make insurance simple and hassle-free! With features such as zero commission, zero paperwork, instant renewal, same-day claim settlements, and app-based updates on claims, ACKO is a 'Welcome Change' from traditional insurers.

Having said that, we are not just another conventional insurance firm, or the people consulted solely for "claims"! Anchored in a tech-centric philosophy, ACKO’s approach fuels innovation, empowering us to develop comprehensive products that cater to every aspect of our customers' insurance requirements. And while we are at it, we put our Ackers at the heart of everything we do. We're not your typical 9-to-5 workplace; we're a vibrant and inclusive bunch of innovators and creators making sure every Acker’s idea matters, their voice is heard, and their growth is part of our mission.

What will you do

• Support reserving across multiple lines of business (LOBs), analyze business performance, assess reserve adequacy, and calculate margins for adverse deviations.


• Collaborate with internal stakeholders, including Finance, Claims, Underwriting, Risk, and IT, to drive actuarial insights and business outcomes.


• Contribute to regulatory actuarial submissions and Board-level actuarial reporting.


• Partner with teams on automation initiatives to streamline and improve business-as-usual (BAU) actuarial processes.


• Support IFRS 17 implementation, reporting, and related actuarial activities.


• Contribute to projects such as Risk-Based Capital (RBC) and other strategic actuarial initiatives.

Who We Are Looking For

• 2–4 years of experience in the General Insurance (GI) industry.


• Minimum of 4 actuarial papers cleared; CM2 preferred.


• Strong analytical and problem-solving skills, with the ability to think critically and develop innovative solutions to complex problems.


• High attention to detail and a strong commitment to accuracy.


• Effective stakeholder management and communication skills, with the ability to collaborate across internal and external teams.


• Strong academic background and a willingness to learn and take on new challenges.


• A collaborative team player who can work effectively across functions.