Mumbai, Maharashtra, India
Hybrid
Key Responsibilities
Data
Support team members with developing, updating and maintaining actuarial data sources to ensure the data within remains appropriate, accurate and complete, including carrying out appropriate validation checks.
Identify opportunities and suggest improvements to make better use of data and produce more insightful actuarial analysis.
Reserving
Contribute to the quarterly and year-end reserving calculations and production of all required Technical Provisions, QRTs and outputs for financial reporting (eg SFCR, financial statements, etc).
Contribute to regular performance monitoring of insurance schemes, including monthly loss ratio analysis.
Contribute to the development and embedding of processes to ensure factor reserves and earning patterns are robust.
Other
Contribute to the production of documented actuarial outputs for sign-off by the Chief Actuary, any relevant committees, and the external auditors (as required).
Automate processes relating to data preparation and transformation, data visualisation, reporting, etc and generate concise summary dashboards to share with the business.
Support with reinsurer requests for data and respond to queries promptly.
Ensure professional qualifications and any CPD requirements are adequately maintained.
Knowledge, skills and experience required
Studying towards Fellowship of the Institute of Actuaries (FIA) or equivalent actuarial exams.
1+ years non-life insurance modelling experience.
An analytical mindset, commercial awareness and strong written and verbal communication skills.
An ability to work proactively and autonomously to take ideas from proof of concept through to delivery.
Collinson Group is a global leader in driving loyalty and engagement for many of the world’s largest companies. Predominantly through the provision of travel related benefits within a market leading digital travel ecosystem. The group offers a unique blend of industry and sector specialists who together provide market-leading experience in delivering products and services across four core capabilities: Loyalty, Lifestyle Benefits and Insurance.
The group provides unrivalled insight and expertise around affluent consumers and frequent travellers, creating and delivering products and services now accessible to over 400m end consumers.
We have more than 25 years’ experience, with 28 global locations, servicing over 800 clients in 170 countries, employing 1,800 people.
We have been bringing innovation to the market since inception – from launching the first independent global VIP lounge access Programme, Priority Pass to being the first to sell direct travel insurance in the UK through Columbus Direct and creating the first loyalty agency of its kind in the travel sector with ICLP. Today we still invest heavily in innovation to ensure that we continue to deliver superior customer experiences.
Key clients include: Visa, Mastercard, American Express, Cathay Pacific, British Airways, LATAM, Flying Blue, Accor, EasyJet, HSBC, Chase, HDFC.
Our mission is focused on doing good beyond profit, which for us means we seek out opportunities for our people to share in our success and that we give back to the communities and people within which we work.
Never short of ambition, the success of our business is delivered through the diverse and talented team of over 1,800 colleagues globally.
Collinson is an equal opportunity employer and welcomes differences in all their forms including: colour, race, ethnicity, gender identity, sexual orientation, neurodivergence, family status, age, individuals with disabilities and people from all backgrounds, cultures and experiences as we strongly believe this contributes to our on-going success.
We are focused on continually evolving our purpose driven, high performing culture, providing an environment where our people have the opportunity to achieve their full potential and do interesting and meaningful work. Our company values are: Act smarter, Do the right thing, One team and Be insight led. These help guide everything we do internally in terms of how we think, act and interact, right through to how we deliver value to our customers and clients.
If you need any extra support throughout the interview process, then please email us at recruitment@collinson.com
You can look forward to a competitive salary and benefit plan including but not limited to:
Hybrid work arrangement (work from home/office)
26 calendar days Annual Leave
Health Insurance
Maternity leave (6 months- Paid)
Paternity leave (15 days- Paid)
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