Jul 2021 – Mar 2024 · 2 yrs 8 mos · Gurugram, Haryana, India

• Working with US based Actuaries and assisting in Rate Monitoring, Portfolio Monitoring and ad-hoc support
• Perform monthly ranking of upcoming policy renewals for US and Bermuda, and monitoring renewal rate changes and retention results by renewal grade (monthly)
• Supporting Risk Management by providing information quarterly on in force premium and policies by US and UK Profit Center
• Perform plan vs actual analysis of the loss ratio accounting for the emergence and GWP mix impact
• Perform STT analysis for various profit centers
• Automate the Commercial Property excel based rating models/ raters and extract the data using SQL
• Review the profit center level and management reports prepared by teammates

Jun 2018 – May 2021 · 2 yrs 11 mos · Bengaluru, Karnataka, India

• Work as a "Junior Actuarial Analyst" with the Rate Monitoring team for various P&C lines of business such as Energy and Engineered Risks, Aviation, Package, Workers Compensation and Credit Lines. Beside this, handle the Rate Monitoring process for various AIG acquired companies such as Validus Re, PCG, Western World and Glatfelter.
• Worked with pricing actuaries and underwriters to track the New and Renewal Business on portfolio basis and to streamline the existing business.
• Preparation of monthly and quarterly global rate monitoring reports for the P&C LOBs.
• Automation of Rate Monitoring process using SAS, SQL and R.

Jun 2017 – Aug 2017 · 2 mos · Bengaluru, Karnataka, India

• Being a member of the Model Validation Group, my responsibilities include the preparation of Actuarial Model Reserving Techniques for various LOBs such as Commercial Automobile, General Liability, Property and Workers Compensation of Property & Casualty (P&C) insurance, in order to validate them for their conceptual soundness and methodologies. The tasks include,
• Preparation of Paid & Incurred Loss Triangles for the Loss Analysis.
• Develop the Loss Development Factors (LDF’s), Loss Trends and Loss Cost Sensitivity.
• Back-testing the LDFs of some of the divisions of Reserving Models for Validation.
• Reviewing the DVR and discuss my understanding within team
• Calculating Loss reserves by various Actuarial Reserving methods like Chain Ladder method, Bornhuetter-Fergusson Method, Cape Cod Method, Munich Chain Ladder Method.
• Preparation of excel templates for estimating the ultimate loss and IBNR by using the methods such as Munich Chain Ladder, Bornhuetter-Fergusson and Chain Ladder