Acko Recruitment drive 2023: Acko is hiring Assistant Manager through off campus Placement for Bangalore. A student from various disciplines can apply for the Acko off campus drive 2023. Interested and eligible candidates can read more details below. Details are given below:

About Acko:

Acko is an Insurance company. It was established in 2016 by Varun Dua, and the headquarters are in Mumbai. Varun Dua has been CEO of the firm. Acko Technology and Services Private Limited is its parent organization.

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Acko Recruitment 2023:

Company Name Acko
Post Name Assistant Manager
Salary up to ₹7.4 LPA*
Experience Freshers/Experienced
Job Location Bangalore
Last date to apply Apply ASAP

Acko Job Responsibilities:

  • Analyze reinsurance treaty profitability by developing suitable models and periodically share insights with leadership
  • Participate in and support treaty renewal discussions and negotiations
  • Ensure bordereaux is prepared for all active treaties and be responsible for resolving any queries raised by reinsurers
  • Be a SPOC for audits & compliance queries from the reinsurance team
    Reserving
  • Reserving for different lines of business, analyzing the performance of various LOBs, ensuring reserve adequacy, calculating margin for adverse deviations, etc.
  • Develop actuarial models for liability valuation, ALM, etc.
  • Assist the leader’s to manage activities such as policyholders’ liability valuation, capital management, regulatory actuarial submissions and actuarial Board submissions.
  • Coordinate with other function heads such as Finance, Claims, Underwriting, etc. to streamline the daily operations
  • Coordinate with Product, Technology and Analytics teams to build automated data structures and reports for corporate actuarial models

Acko Eligibility Criteria:

  • Bachelor’s degree from any stream.

Preferred skill:

  • 0-2 years of experience in reinsurance or/and reserving
  • Sharp analytical mind, someone who enjoys thinking on their feet and devising innovative solutions to complex problems
  • Keen attention to detail, in preparing bordereaux, reviewing treaties,
  • Great stakeholder management skills (both internal and external)
  • Above-average educational background

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How to Apply for Acko Recruitment 2023?

To apply for this Off Campus Drive, interested candidates must follow the procedure outlined below:

  1. Click on the “Apply here” button provided below. You will be redirected to the official career page.
  2. Click on “Apply”.
  3. If you have not registered before, create an account.
  4. After registration, log in and fill in the application form with all the necessary details.
  5. Submit all relevant documents, if requested (e.g. resume, mark sheet, ID proof).
  6. Verify that all the details entered are correct.
  7. Submit the application form after verification.

If you face any issues while applying. Do let us know in the comment section.

What is the role of an Assistant Manager at Acko in Bangalore?

An Assistant Manager at Acko in Bangalore has various responsibilities related to reinsurance treaty profitability analysis, reserving, actuarial modeling, compliance, and more.

What is the salary range for an Assistant Manager at Acko?

The expected salary for an Assistant Manager at Acko can go up to ₹7.4 LPA, depending on the candidate's experience and qualifications.

Is this position for Assistant Manager open to both freshers and experienced candidates?

Yes, Acko is considering both freshers and candidates with up to 2 years of experience for this position.

What are the key responsibilities related to reinsurance treaty profitability?

The responsibilities include analyzing reinsurance treaty profitability, participating in treaty renewal discussions, preparing bordereaux, and being a point of contact for audits and compliance queries.

Can you explain the reserving responsibilities for Assistant Manager role?

Reserving responsibilities include reserving for different lines of business, analyzing performance, ensuring reserve adequacy, and assisting with liability valuation and capital management.

Are there any specific skills required for Assistant Manager position?

Skills important for this role include analytical thinking, attention to detail, stakeholder management, and an above-average educational background.

What is the educational requirement for Assistant Manager role?

Candidates should have at least a Bachelor's degree from any stream to be eligible for this position.