Senior Actuary

Cholamandalam MS General Insurance Co. Ltd.; Chennai District; On-site; INR 2,500,000 - 4,500,000; Full time

Job summary

Cholamandalam MS General Insurance Co. Ltd. seeks an experienced actuary to lead pricing, reserving and regulatory reporting in India's general insurance segment.

The role requires 8–10 years in actuarial work with a qualified actuary, and exposure to product development, profitability reviews, and regulator interactions. Strong analytical skills with SAS/R/Python are preferred.

Qualifications

• 8-10 years in actuarial domain with a qualified actuary.
• At least 3 years in pricing and in Indian general insurance.
• Experience in general insurance actuarial teams—pricing/reserving/reinsurance.
• Exposure to product development and portfolio profitability reviews.
• Interaction with regulators, auditors, and management reporting.

Responsibilities

• Pricing, reserving, or reinsurance in Indian general insurance.
• Involvement in product development and portfolio profitability reviews.
• Engagement with regulators, auditors and management reporting.

Skills

Excel (Advanced)

GLMs

Loss triangles

Trend analysis

Tools

Emblem

Radar

SAS

R

Python

Job description

• Pricing, reserving, reinsurance, capital modeling, solvency, and regulatory reporting.
• Proficiency in tools like Excel (advanced), Emblem, Radar
• Knowledge (intermediate to expert) in coding languages such as SAS, R and/or python
• Statistical modeling & analytics - Exposure to GLMs, loss triangles, and trend analysis.
• Understanding of IRDAI regulations, Solvency II, IFRS 17, and financial condition reporting.

Experience

• 8-10 years of experience in the actuarial domain (Qualified actuary), with at least 3 years of experience in pricing and in the Indian General insurance industry
• Experience in general insurance actuarial teams—especially in pricing, reserving, or reinsurance.
• Exposure to product development and portfolio profitability reviews.
• Prior interaction with regulators, auditors, and management reporting.