Job Opportunity for Graduate at Acko

Overview:

Acko is hiring an experienced Assistant Manager – Reinsurance & Reserving at their Bangalore location. You will analyze reinsurance treaty profitability by developing suitable models and periodically share insights with leadership.

The complete details of this job are as follows:

Roles and Responsibilities:

• Participate in and support treaty renewal discussions and negotiations
• Ensure bordereaux is prepared for all active treaties and be responsible for resolving any queries raised by reinsurers
• Be a SPOC for audits & compliance queries from the reinsurance team

Reserving

• Reserving for different lines of business, analyzing the performance of various LOBs, ensuring reserve adequacy, calculating margin for adverse deviations, etc.
• Develop actuarial models for liability valuation, ALM, etc.
• Assist the leader’s to manage activities such as policyholders’ liability valuation, capital management, regulatory actuarial submissions and actuarial Board submissions.
• Coordinate with other function heads such as Finance, Claims, Underwriting, etc. to streamline the daily operations
• Coordinate with Product, Technology and Analytics teams to build automated data structures and reports for corporate actuarial models

Qualifications:

• 0-2 years of experience in reinsurance or/and reserving
• Sharp analytical mind, someone who enjoys thinking on their feet and devising innovative solutions to complex problems
• Keen attention to detail, in preparing bordereaux, reviewing treaties,
• Great stakeholder management skills (both internal and external)
• Above-average educational background

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