Job Description

Skill required: Insurance - Actuary

Designation: Management Level - Senior Manager

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)

Years of Experience: 16-25 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-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 tax preparations, insurance coverage, and 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:

  • Problem-solving skills
  • Ability to establish strong client relationship
  • Strong analytical skills
  • Ability to manage multiple stakeholders
  • Thought leadership

It would be a value add if you are proficient in:

  • SAS Analytics

Roles and Responsibilities

  • In this role you are required to identify and assess complex problems for area(s) of responsibility
  • You will create solutions for situations in which analysis requires in-depth knowledge of organizational objectives
  • You will be involved in setting strategic direction to establish near-term goals for area(s) of responsibility
  • You will have to work in calibration with subordinate teams and senior management levels at a client and/or within Accenture, involving negotiating or influencing on significant matters
  • You will need to have an innovative and transformation mindset to identify improvement opportunities to optimize processes, decrease costs and increase client value
  • You should have latitude in decision-making and determination of objectives and approaches to critical assignments
  • The decisions you may make can have a lasting impact on area of responsibility with the potential to impact areas outside of own responsibility
  • You will manage large teams and/or work efforts at a client or within Accenture.
  • Please note this role may require you to work in rotational shifts.



Qualifications

Bachelor’s in actuarial science/Master’s in actuarial science/Institute and Faculty of Actuaries (UK)/Institute of Actuaries of India (IAI)

We have been alerted to the existence of fraudulent messages asking job seekers to set up payment to cover various costs associated with establishing employment at Accenture. No one is ever required to pay for employment at Accenture. If you are contacted by someone asking for payment, please do not respond, and contact us at india.fc.check@accenture.com immediately.

All employment decisions shall be made without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by federal, state, or local law.

Job candidates will not be obligated to disclose sealed or expunged records of conviction or arrest as part of the hiring process.

Accenture is committed to providing veteran employment opportunities to our service men and women.

COVID-19 update:  The safety and well-being of our candidates, our people and their families continues to be a top priority. Until travel restrictions change, interviews will continue to be conducted virtually. 

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