Actuarial Analyst/ Business Analyst

leading-edge; Karachi Division; On-site; PKR 1,523,000 - 1,825,000; Full time

Job summary

leading-edge is seeking a Business Analyst with an actuarial sciences background in Karachi. The role focuses on analyzing financial data, identifying trends, and delivering actionable insights to drive business decisions.

The candidate should have 1-2 years of experience, proficiency in actuarial techniques, and strong analytical and communication skills to collaborate with multiple departments and present findings to stakeholders.

Qualifications

• Actuarial sciences background is essential.
• 1-2 years of experience required.
• Proficiency in using statistical models (ECL) is mandatory.
• Strong data analysis and financial modelling skills.
• Excellent communication abilities.

Responsibilities

• Analyze and interpret complex financial data for business decision-making.
• Develop statistical models like ECL and other methods to assess financial risks.
• Assist in forecasting and risk assessment using actuarial techniques.
• Collaborate with other departments to implement business strategies.
• Prepare reports and present findings to stakeholders.
• Ensure data accuracy and compliance with industry standards.

Skills

Actuarial sciences

Data analysis

Financial modelling

Analytical skills

Communication skills

Education

Actuarial sciences degree

Tools

Excel

Statistical tools

Job description

Job Title: Actuarial Analyst/Business Analyst

Location: Saddar, Karachi

Budget: 150k

Experience: 1-2 years

Shift: Morning (Full-time)

Commitment: 2 years

Job Overview:

We are looking for a Business Analyst with an actuarial sciences background for a position in KarachiThe ideal candidate will analyze financial data, identify trends, and provide actionable insights to help drive business decisions.

Key Responsibilities:

• Analyze and interpret complex financial data for business decision-making.
• Develop statistical model like ECL and chain ladderor any modeor any to assess financial risks and opportunities. Developed Expected Credit Loss (ECL) by computing parameters such as Probability of Default(PD), Loss Given Default (LGD), Exposure at Default (EAD), Loss Rates (LR) and CreditConversion Factor (CCF)
• Assist in forecasting and risk assessment using actuarial techniques.
• Collaborate with other departments to implement business strategies.
• Prepare reports and present findings to stakeholders.
• Ensure data accuracy and compliance with industry standards.

Requirements:

• 1-2 years of experience in a similar role.
• Background in actuarial sciences is essential.
• Use of statistical model like(expected credit loss) ECL or any is a MUST.
• Strong analytical and problem-solving skills.
• Proficiency in data analysis tools and financial modelling.
• Excellent communication skills.