Analyst/Consultant – Colombo

We are looking for Analyst and Consultant level talent to support our team based in Colombo providing project work that ranges from reserving, pricing & capital modelling to strategic advisory covering M&A, distribution & management consulting.

Company Overview

NMG has been providing advisory services to the Sri Lankan market for over 20 years and is the largest provider of general insurance actuarial services supporting 10 of the 13 general insurance companies in the market. In addition, NMG provides specialised strategic consulting services to life insurers, banks and conglomerates in Sri Lanka around portfolio segmentation, distribution optimisation and strategy development. Our consulting team in Colombo forms part of NMG’s global ‘Data & Analytics’ practice adding value to clients across life, health and general insurance using a range of capabilities including predictive analytics, data visualisation and advanced modelling & analytics solutions.

Summary Statement

We are looking for Analyst and Consultant level talent to support our team based in Colombo providing project work that ranges from reserving, pricing & capital modelling to strategic advisory covering M&A, distribution & management consulting. The Colombo office is part of NMG’s Asia consulting practice which includes office locations in Kuala Lumpur and Singapore. While specialised actuarial services covering both statutory and strategic advisory are a key component of NMG’s consulting proposition in Asia, we also provide advanced statistical, predictive analytics and modelling capabilities to support NMG’s consulting work & bespoke propositions globally.

Within this role you will be working on various projects across developing and developed countries, allowing you to build knowledge and insights of these markets. Given our significant footprint in Sri Lanka there will be a client-facing element to this role with exposure to business development. There will also opportunity to collaborate with other parts of NMG Group. A competitive study package is available for eligible candidates. Some travel within the region will be required.

Role

Analyst/Consultant - Colombo

Location:

Colombo

Industry:

Key Responsibilities

  • Providing assistance to senior colleagues in conducting quarterly and yearly IBNR reserve reviews including model preparation, data processing and manipulations, analysis, reporting and communication of the results

  • Programming using statistical software and learning to use new software

  • Applying statistical techniques and methods to data to build models, with guidance provided if necessary. • Updating existing models and reports and provide additional insights

  • Liaising with clients on data and queries. Providing support services on wider consultancy projects

  • Living the NMG Values of Curiosity, Collaboration, Go for it and Make it Count in all interactions across the business, supporting and participating in a positive team environment locally and in your global interactions

Competencies, Qualifications & Experience

  • 2 - 7 years’ experience in a consultancy or insurance environment with a Bachelor’s Degree in Actuarial Science / Mathematics / Statistics or other quantitative discipline with a focus on quantitative methods

  • Strong analytical capabilities; good interpersonal and communication skills, both written and verbal; and high attention to detail and high quality standards

  • Highly motivated with ability to work independently and use initiative; strong can-do attitude, willingness to learn

  • Proficient in Microsoft Word, Excel and PowerPoint; good knowledge of statistical software such as SAS, SPSS, R, Python would be desirable

  • Good exam progress with a recognised international actuarial body; familiar with general insurance market and regulatory requirements

Related Job Openings

Scroll to Top