C2_Actuarial

Role Overview:

 

• 3-10 years’ of actuarial experience in life insurance.
• Should have passed 4-12 actuarial exams.
• Experience of working in international markets such as US. Experience with Indian market will also be preferred. Good working knowledge of US-GAAP LDTI is preferable.
• Must have exposure in data handling, actuarial modeling, experience analyses, EV reporting, statutory reporting, ALM and model testing & validation.
• Experience working with GGY Axis, MG Alpha and Prophet will be an added advantage. Experience in SQL/Python/R is desirable but not mandatory.
• Advanced life insurance and actuarial knowledge, strong technical, analytical, problem solving and interpersonal skills, effective communicator to superiors, peers and subordinate, good command of the English language.
• Must contribute towards new business development such as assessing pain areas for our clients, generating solutions for clients.
• Identify and participate in continuous improvement initiatives.
• Ensure compliance with Data Privacy and Protection Guidelines.

Responsibilities

• Key Responsibilities:

  • Complete understanding of the current state of affairs and problem statement
  • Interacting with clients on regular basis, understanding their requirements and transforming that into business framework and providing actuarial solutions
  • Work on transformation/automation initiative.
  • Build actuarial models for life insurance products.
  • Perform UAT testing, Unit testing, regression testing etc. for Actuarial model testing & validation.
  • Excellent written and verbal communication skills
     

Qualifications

• 
  Candidate Profile:

  • Bachelor’s/Master's degree in economics, mathematics, actuarial sciences.
  • Affiliation to IAI, SoA or IFOA. 
  • At least 3-10 years’ experience, with good understanding of Life products - pricing, experience studies, modeling, reserving and valuation.
  • Exposure to US life insurance market is preferable.
  • Experience of working in international markets such as US or India. Good working knowledge of US-GAAP LDTI is preferable but not mandatory.
  • Exposure to polysystem, MG Alpha, GGY Axis, Prophet and/or any other modelling tool will be an added advantage. Experience in SQL/Python/R is desirable but not mandatory.
  • Strong ability to learn technical and business knowledge.
  • Superior analytical and problem solving skills.
  • Outstanding written and verbal communication skills.
  • Able to work in fast pace continuously evolving environment and ready to take up uphill challenges.
  • Is able to understand cross cultural differences and can work with clients across the globe.