Inizio Partners

Business Analyst - Actuarial Pricing

Inizio Partners  •  Ontario, CA (Onsite)  •  3 hours ago
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Job Description

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.
Inizio Partners

About Inizio Partners

Inizio Partners is a full-service recruitment agency specializing in executive search, permanent placements, and contingency staffing. We are proud to partner with some of the most innovative and influential companies in the world helping them in identifying premier talent across business and technology.

Our founding team members are industry veterans with over 25 years of business and technology experience leading global companies, and they possess expertise in identifying top talent.

Our recruitment process is highly personalized and tailored to each customer's unique needs. We take the time to thoroughly understand our customer's business, products, market position, corporate culture, employee benefits, and candidate expectations, to ensure that we are delivering top-quality candidates that are an ideal fit for their organization.

Our services:

1) Executive Search

2) Business & IT Fulltime Placements

3) Contingency Staffing

4) Retained Search

Our differentiators:

- 40%+ faster turnaround time compared to market

- 30%+ cost-effective compared to big firms

- 90%+ profile acceptance

- Ability to serve across industries and technology

- Personalized / Tailored approach

- Easily accessible to our customers

Industries we serve:

- Software

- IT & Business Consulting Services

- Insurance

- Pharma & Medical Devices

- Financial Services

- PE & VC Backed Businesses

- Utility

- Manufacturing

- Defense

- Retail

Our Expertise:

C-Suite, Senior Leadership (Business & IT), Oracle ERP, SAP S/4 HANA, Salesforce, CPQ, Cyber Security, Data Science, Data Privacy, Project Management, Business Analysis, Six Sigma, ServiceNow, MuleSoft, Solution Architect, Enterprise Architect, M&A, Analytics, HRIS, Workday, PMO, Business Process Analysis, Infrastructure, AWS, Azure, Google Cloud etc.

Industry
HR & Recruiting
Company Size
1-10 employees
Headquarters
Warren, NJ
Year Founded
2022
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