Bachelor degree (or above) in Actuarial Sciences, Mathematics or Statistics,
Preferably min. 1 years of experience in reserving,
Fluent in English (both written and spoken)
Good command on MS Office,
Command on SAS and other software languages will be considered as an asset,
Good knowledge on Reserving and Claims management (files by files, IBNR),
Result oriented personality with strong planning and analytical thinking,
Eager to learn, team player, able to work on a project basis,
Deadline, delivery and performance oriented,
Turkish Actuarial License will be considered as an asset.
Job Description:
Perform IFRS reserve calculation on all lines of business (non life and health insurance),
Ensure collection, consolidation and reconciliation of data needed for valuation purposes,
Perform regular closing process and reports,
Close follow-up on claims and UW policy and procedures in order to reflect important changes and make necessary amendments in ultimates’ estimate,
Develop claims monitoring tool to analysis trends in both frequency and average cost evolution to ease ultimate’s assessment.
Close follow-up of local regulation (including the preparation of local reports) and group standards,
Provide support to pricing team through best estimate view on particular products (e.g. UW CoR calculation to be provided to Pricing team to define tariff measures),
Contribute to the implementation of the Portfolio Management Process (in depth analysis of insurance portfolio to identify concrete actions to improve the profitability)