Actuarial Forecasting Lead
Full Time
Part Time
Remote
TECHNEPTUNE CONSULTING INC
Fitment
Dice Job Match Score™
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Job Details
Skills
- DATA SCIENCE
Summary
Job Title: Actuarial Forecasting Lead
Location: Remote
Duration: Contract
The candidate must experience across warranty programs, mobile device protection, supply chain, and actuarial functions, with exposure to warranty claims and forecasting. Since this role reports directly to the Global Head, we need a candidate with strong actuarial leadership experience and expertise in warranty programs, personal and commercial lines, pricing, reserving, and profitability analysis.
Description:
12-15 years experienced Actuarial Forecasting Lead who understands claims behaviour, loss development and the financial performance of insurance and protection products. The person should be able to work closely with actuarial, finance and technology teams to strengthen claims projections, loss estimates and actuarial modelling capabilities.
Experience:
Strong experience in actuarial modelling, claims frequency and severity analysis, loss ratio projections and claims cost estimation.
Good understanding of extended warranty, device protection, service contracts or specialty insurance products.
Experience in claims reserving, loss development analysis and ultimate loss projections.
Hands on experience in building and reviewing actuarial models using historical claims experience, exposure data, product mix and cost assumptions.
Understanding of repair and replacement costs, claim incidence rates, product failure patterns and their impact on loss projections.
Experience with actuarial and analytical tools.
Exposure to statistical modelling, and AI ML techniques applied to claims and loss estimation.
Experience working with actuarial, claims, underwriting and finance teams.
Responsibilities:
Review existing actuarial forecasting models, methodologies and assumptions used to project warranty claims, device failures and replacement demand.
Analyse historical claims, failure rates, product behaviour, repair and replacement patterns to understand the factors influencing future claims volumes.
Assess the reliability of actuarial forecasts and identify gaps in modelling approaches, data quality and underlying assumptions.
Evaluate and recommend suitable statistical, actuarial and predictive modelling techniques to improve forecast accuracy.
Work with actuarial, supply chain, data science and engineering teams to improve forecasting models and ensure their outputs meet supply chain planning needs.
Validate forecast results through actual-versus-expected analysis, back-testing and scenario analysis.
Lead functional discussions, model validation, and business acceptance of the forecasting solution.
Qualifications:
Bachelor's or Master's degree in Actuarial Science, Statistics, Mathematics or a related quantitative discipline.
Professional actuarial qualifications or progress towards actuarial certification would be an added advantage, but are not mandatory.
Practical experience in actuarial modelling, claims forecasting and applying actuarial projections to business planning is essential
Location: Remote
Duration: Contract
The candidate must experience across warranty programs, mobile device protection, supply chain, and actuarial functions, with exposure to warranty claims and forecasting. Since this role reports directly to the Global Head, we need a candidate with strong actuarial leadership experience and expertise in warranty programs, personal and commercial lines, pricing, reserving, and profitability analysis.
Description:
12-15 years experienced Actuarial Forecasting Lead who understands claims behaviour, loss development and the financial performance of insurance and protection products. The person should be able to work closely with actuarial, finance and technology teams to strengthen claims projections, loss estimates and actuarial modelling capabilities.
Experience:
Strong experience in actuarial modelling, claims frequency and severity analysis, loss ratio projections and claims cost estimation.
Good understanding of extended warranty, device protection, service contracts or specialty insurance products.
Experience in claims reserving, loss development analysis and ultimate loss projections.
Hands on experience in building and reviewing actuarial models using historical claims experience, exposure data, product mix and cost assumptions.
Understanding of repair and replacement costs, claim incidence rates, product failure patterns and their impact on loss projections.
Experience with actuarial and analytical tools.
Exposure to statistical modelling, and AI ML techniques applied to claims and loss estimation.
Experience working with actuarial, claims, underwriting and finance teams.
Responsibilities:
Review existing actuarial forecasting models, methodologies and assumptions used to project warranty claims, device failures and replacement demand.
Analyse historical claims, failure rates, product behaviour, repair and replacement patterns to understand the factors influencing future claims volumes.
Assess the reliability of actuarial forecasts and identify gaps in modelling approaches, data quality and underlying assumptions.
Evaluate and recommend suitable statistical, actuarial and predictive modelling techniques to improve forecast accuracy.
Work with actuarial, supply chain, data science and engineering teams to improve forecasting models and ensure their outputs meet supply chain planning needs.
Validate forecast results through actual-versus-expected analysis, back-testing and scenario analysis.
Lead functional discussions, model validation, and business acceptance of the forecasting solution.
Qualifications:
Bachelor's or Master's degree in Actuarial Science, Statistics, Mathematics or a related quantitative discipline.
Professional actuarial qualifications or progress towards actuarial certification would be an added advantage, but are not mandatory.
Practical experience in actuarial modelling, claims forecasting and applying actuarial projections to business planning is essential
Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.
- Dice Id: 91173198
- Position Id: OOJ - 1169-173-1792164262
- Posted 3 hours ago
Company Info
About TECHNEPTUNE CONSULTING INC
TechNeptune Consulting is a reputed company with 60 years of expertise in cumulative services in staffing, recruiting, and sales. With dedicated team management and visionary leadership, we have served local and international companies, including regulatory bodies, professional associations, and small & medium-sized enterprises. Our expertise in staffing services positions TechNeptune as a valuable partner for businesses looking to streamline their workforce, sales processes, and recruiting services globally efficiently.
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