Position: Actuarial Pricing Business Analyst
Location: Remote
Role & Responsibilities Overview:
- Doing independent research, analyze, and present data assigned
- Expected to work in close collaboration with the team and clients on general insurance actuarial projects for US markets.
- Translate business needs from clients into structured functional requirements, user stories, and business framework documents.
- Gather and document reporting requirements from clients to define the specific metrics, KPIs (e.g., loss ratios, written premiums, rate changes), and data views needed in Power BI and Tableau.
- Act as the primary functional bridge between client stakeholders and BI developers, translating business reporting needs into clear technical specifications, data mapping documents, and mockups/wireframes.
- Complete understanding of the current situation and problem statement
- Interacting with clients on regular basis, understanding their requirements and transforming that into business framework and providing actuarial solutions
- Experienced in Personal and commercial lines general insurance pricing, reserving for US insurance markets
- Should be aware of regulatory reporting requirements related to reserves (like statutory filings, IFRS 17, GAAP).
- Assist in learning and development of new team members, manage work assigned to and delivered by the team working in a hybrid (onshore/offshore) setup
- Identify and participate in continuous improvement initiatives
- Ensure compliance with Data Privacy and Protection Guidelines
Candidate Profile:
- Knowledge of general insurance domain and P&C actuarial concepts is a must
- Bachelor’s/Master's degree in economics, mathematics, actuarial sciences
- Affiliation to IAI or IFOA, with at least 6 CT actuarial exams, plus SP 7,8 will be added advantage
- 7+ years of experience in the General Insurance / P&C domain, with a deep functional understanding of P&C Actuarial Concepts and GI Pricing
- Solid conceptual knowledge of Reserving methods and models to effectively gather requirements for valuation and financial reporting projects.
- Should have a consultative mindset and drive discussions with clients independently
- Proven track record as a Business Analyst bridging the gap between business stakeholders (underwriters/ actuaries) and technical development teams (BI/Data Engineers).
- Excellent analytical and problem-solving skills, with the ability to analyze complex data and make data-driven decisions
- Outstanding written and verbal communication skills
- Able to work in fast pace continuously evolving environment and ready to take up uphill challenges
- Able to understand cross cultural differences and can work with stakeholders across the globe
- Strong data literacy and analytical skills, with advanced proficiency in SQL, Excel, and a solid functional understanding of data flows feeding into Power BI and Tableau dashboards.
- Strong communication skills, including the ability to effectively communicate actuarial concepts to both technical and non-technical stakeholders.
- Ability to work independently and collaboratively in a team-oriented environment.
- Detail-oriented with strong organizational and time management skills.
- Ability to adapt to changing priorities and deadlines in a fast-paced environment.
This is a remote position.
About
In the perfect storm of technology forces shaping the business world, the question is not whether companies need to adapt to stay competitive but which tech partner to trust for long-term business improvement and transformation needs.
That’s why iShare was founded: to be that credible IT partner that cuts through the buzzword clutter to deliver real value by real people. And that starts with doing the basics right.
Who We Are
Based in New Jersey, iShare is a boutique IT consulting firm with strategic advisory, development, and staffing services designed for specific industry verticals. iShare was founded to fill a real market need – with so much noise about cloud, big data, and information security, companies today are adopting software product after product and losing sight of which they need and why, while what they really need is credible consulting that takes the time to understand their company’s unique scenario and requirement, and then architect a solution accordingly.
Recognizing this gap, senior industry executives put their credibility on the line to form iShare and ensure they create a fulfilling experience with lasting value for all stakeholders – customers, employees and partners. iShare leadership team has 20+ years average IT experience and is well-rounded in technology, operations, account and customer management. Our experience spans C-Suite positions with Fortune 100 firms as well as mid-tier firms. Our background includes stints at multibillion-dollar ITO / BPO firms as well as startups.