🔔 FCM Loaded

Reserving

Magma General Insurance Limited

2 - 5 years

Mumbai

Posted: 12/02/2026

Getting a referral is 5x more effective than applying directly

Job Description

  • Lead the reserving and reporting activities within the team including periodic valuation of all portfolios backed with the analysis of key trends.
  • Provide key insights to the senior management related to different LOBs post valuation activity.
  • Submission of various regulatory requirements from time to time. This includes the predefined regulatory submissions as well as the ad-hoc requirements.
  • Lead Annual reporting activity including Financial Condition Report, IBNR report and their respective forms.
  • Review data, methodologies, assumptions, results and benchmark against market.
  • Automation of various manual activities on SAS Viya. Building reserving models/ other statistical models on SAS Viya.
  • Develop towards a culture of strong checks and balances and high levels of documentation standard and consistency across regulatory submissions.
  • Discussions with underwriting, claims, Finance, RI, etc. and distribution teams for various activities related to reserving and regulatory reporting.
  • Involvement in budgeting activity for various key performance indicators.

Services you might be interested in

Improve Your Resume Today

Boost your chances with professional resume services!

Get expert-reviewed, ATS-optimized resumes tailored for your experience level. Start your journey now.