Skill required: Insurance - Actuary
Designation: Management Level - Team Lead/Consultant
Job Location: Bengaluru
Qualifications: Bachelor’s in actuarial science/Master’s in actuarial science/Institute and Faculty of Actuaries (UK)/Institute of Actuaries of India (IAI)/Casualty Actuarial Society (USA)
Years of Experience: 7-11 years
About Accenture Operations
In today's business environment, growth isn't just about building value-it's fundamental to long-term business survival. So how do organizations sustain themselves? The key is a new operating model (https://www.accenture.com/in-en/insights/operations/intelligent-operations-2018) -one that's anchored around the customer and propelled by intelligence to deliver exceptional experiences across the enterprise at speed and at scale. You will deliver breakthrough business outcomes for clients-by harnessing talent, data and intelligence to revolutionize their operating models. Operations is one of four services that make up one Accenture -the others are Strategy and Consulting, Interactive and Technology. Visit us at www.accenture.com
What would you do?
You will be aligned to our Financial Services, Banking, Insurance, and Capital Market vertical which is focused on helping clients with their operations & investment portfolios.
The Insurance team helps clients and organizations transform their insurance operations into a digital, cost-efficient, agile operating model that helps drive sustainable growth and redefine customer experience. This team provides expertise in the areas of employee benefits, life and annuity, property and casualty and retirement services.
In this role, you will be working on Actuarial and help advise insurance agencies on how to compile and analyze statistics and use them to calculate insurance risks and premiums. You will support pricing analyses, performance monitoring for Insurance clients, assist in analyzing the profitability of business segments within the lines of business assigned. You will also need to identify pockets of profitable growth opportunities, monitor rate, exposure, retention, and lost business changes, monitor loss trends and relevant industry/regulatory changes, and effectively communicate to the management. You will need to conduct research, experience studies, and other more complex actuarial analysis; develop, review, and analyze changes and improvements to actuarial procedures, optimize processes to meet business needs. The role may also require you to communicate with underwriters, finance, claims, compliance, and legal departments.
What are we looking for?
We are looking for individuals who have the following skillset:
+ Detail orientation
+ Results orientation
+ Ability to work well in a team
+ Strong analytical skills
+ Ability to meet deadlines
Roles and Responsibilities
+ In this role, you need to analyze and solve moderately complex problems
+ You are required to create new solutions, leveraging and, where needed, adapting existing methods and procedures
+ You are required to understand the strategic direction set by senior management, clearly communicate team goals, deliverables, and keep the team updated on change
+ Your primary upward interactions are with your direct supervisor
+ You may interact with peers and/or management levels at a client and/or within Accenture
+ You will be provided with guidance when determining methods and procedures on new assignments
+ The decisions that are made by you will often impact your team
+ You would be an individual contributor and/or oversee a small work effort and/or team.
Please note this role may require you to work in rotational shifts.
Bachelor’s in actuarial science/Master’s in actuarial science/Institute and Faculty of Actuaries (UK)/Institute of Actuaries of India (IAI)/Casualty Actuarial Society (USA)
Accenture is a global management consulting, technology services and outsourcing company. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with its clients to help them become high-performance businesses and governments.
Working with Accenture in the United States, you can join ranks with more than 211,000 people in 120 countries and work with clients in nearly every major industry worldwide, including 96 of the Fortune Global 100, more than three-quarters of the Fortune Global 500 and government agencies around the world. Accenture’s people build careers in different areas of business, specifically Consulting, Technology and Outsourcing, as well as within our internal corporate functions.
With the breadth of talent our people have, they not only build strong careers, they offer their talents and skills to help clients and communities around the world.