P&C Actuarial Analyst- Reserving

Allianz Services; Thiruvananthapuram; On-site; INR 600,000 - 900,000; Full time

Job summary

A leading insurance firm in Thiruvananthapuram is seeking an Associate Actuarial Analyst to join their growing team. The role involves collaborating with the UK reserving team on reserve transformation projects and developing analytical tools. Candidates must possess a Master's degree in a relevant field and have at least 1 year of professional experience automating tasks using programming languages like Python. Strong communication skills and a keen eye for detail are essential for success in this position.

Qualifications

• 1+ years of experience in developing actuarial models and automating tasks using Python.
• Strong academic background in relevant fields.
• Progress in actuarial exams through membership in a recognized institute.

Responsibilities

• Collaborate with UK reserving team and finance on process improvements.
• Develop and maintain reserving models and analytical tools.
• Automate reserving processes using programming languages.
• Ensure data quality and integrity in reserving processes.

Skills

Technical reserving expertise

Coding skills (Python, R, VBA)

Analytical skills

Good communication

Attention to detail

Education

Master’s degree in Actuarial Science, Statistics, Mathematics, B.Tech

Student member of a recognized Actuarial Institute

Tools

Microsoft Office (Excel, Access, Word, PowerPoint)

Job description

As part of the growing actuarial function at Allianz Services India, you will work closely with the Allianz UK Commercial reserving team on various reserve transformation projects. This role requires strong technical reserving expertise combined with advanced coding skills to support the UK team's strategic initiatives and business‑as‑usual activities.

Duties and Responsibilities

• Work closely with the UK reserving team, finance, and IT teams on reserve transformation projects and process improvement initiatives
• Develop, optimize, and maintain reserving models and analytical tools
• Automate reserving processes using Python, R, VBA, or other programming languages
• Ensure data quality and integrity in reserving processes, including reconciliations between different data sources
• Provide technical support and training to team members
• Participate in model validation and peer review activities
• Analyze complex datasets to identify trends, anomalies, and insights

Qualification, Experience and Skills

• Master’s degree in Actuarial Science, Statistics, Mathematics, B.Tech with good academic background
• Student member of a recognized Actuarial Institute such as IFoA, IAI, SOA, etc., with good progression in actuarial exams
• Mandatory 1 or more years of professional experience in developing actuarial models and/or automating tasks using Python
• Partnering mentality with the ability to build strong working relationships with peers, management, and the business areas
• Good communication skills, both verbal and written, with the ability to interact with customers from different geographical areas
• Proficiency with Microsoft Office tools such as Excel, Access, Word, PowerPoint
• Excellent analytical skills with attention to detail

Seniority level

Associate

Employment type

Full‑time

Job function

Analyst

Industries

Insurance