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.

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.

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