Jobs Openings

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Responsibilities

• Focused data intensive tasks like compilation, validation, reconciliations, manipulation and transformation to prepare data for analysis
• Undertake allocation of the data acquisition/enrichment, calculation and reporting production tasks required to support pricing/ reserving activities, including ensuring a strong quality control element
• Perform preliminary pricing/ reserving analyses and ensures data accuracy & data readiness for actuarial modeling
• Perform routine work assignments utilizing actuarial software and excel templates driven models and ensures data accuracy & data readiness for actuarial analyses
• Based on established processes validate data, reviews data trends and generates Actuarial reports. May be required to make adjustments and improvements to templates and data when appropriate
• Projects will be completed independently with some supervision.Compile reports or exhibits with supervisor’s review
• Measures performance of actual vs. plan and performs some beginning analysis to identify drivers and flagging events for further analysis identifying unfavorable trends/data discrepancies
• Technical documentation for the actuarial analysis performed

Minimum Qualifications

• Bachelor’s Degree in Math, Accounting, Economics, Statistics, Business, Risk Management or a similar field.
• Completion of 1- 2 CT series exams of actuarial Institute of UK/India or equivalent exams of Society of Actuaries (USA) preferred
• Knowledge of VBA/SQL
• Relevant years relevant business experience in an international (re) insurance company or in Financial business

Preferred Qualifications/ Skills

• Proficiency in MS Excel
• Ability to work occasional extended hours and travel on business as required.
• Good communication and articulation skills is a must
• Work well both independently and as part of a team
• Strong business and collaboration skills
• Effective time management skill
• Excellent written and verbal communication skills
• Highly developed conceptual, analytical, and innovative problem-solving abilities
• Ability to work effectively and collaboratively with others in an international and global team.
• Keen attention to detail
• Ability to manage priorities under
• pressure and time constraints

Candidates should have 4-12 years of experience in Pricing. Preferably from Indian Life Insurance company. Responsibilities

• Pricing of individual products- premium & benefit rate generation
•  Responsible for filing of documents to PMC/IRDAI and responding to IRDAI queries
•  Liaison with various departments like products, sales, investments to finalise the product design Work closely with products team to create product strategies for efficient utilization of capital and maximization of profits
•  Propose new product/benefit features basis market research
•  Participate in risk mitigation plans

Job Specifications Modelling:

•  New product assessment, methodology and assumption setting - (cashflow modelling (Linked/Non-linked products).
•  Be responsible for daily actuarial working, mainly financial reporting and other actuarial analytic related issues
•  Propose and review the new methodology, assumption and model development
•  Provide support to Model and Financial Analytics teams, including valuation of new product/methodology/assumptions conversion onto the Prophet system, implementation of new methodology and assumptions and conduct the UAT in accordance with standards
•  Engaging and working with internal and external stakeholder to priorities the development of the business requirements and solutions as they relate to the company

Skills Required: Retirement Solutions - Actuarial Analysis Qualifications: Master’s in actuarial science/Institute and Faculty of Actuaries (UK)/Institute of Actuaries of India (IAI) Years of Experience:3 to 5 years Requirement: Actuarial skills with SQL, Excel and AXIS knowledge Roles and Responsibilities:

• In this role you are required to do analysis and solving of lower-complexity problems
• Your day to day interaction is with peers within Accenture before updating supervisors
• In this role you may have limited exposure with clients and/or Accenture management
• You will be given moderate level instruction on daily work tasks and detailed instructions on new assignments
• The decisions you make impact your own work and may impact the work of others
• You will be an individual contributor as a part of a team, with a focused scope of work
• Please note that this role may require you to work in rotational shifts

Company Name- Ageas Federal Location- Mumbai Position- Senior Executive/ Junior Manager/Assistant Manager in the Reinsurance team Key Requirements: -At least 2 years of work experience in a Life Insurance/Reinsurance company in Reinsurance admin profile. -Role requires a very good understanding of RENOVA software. -Hands on Experience in Oracle SQL (or PL/SQL) & MS Excel. -Candidates having sound knowledge of reinsurance treaties will be preferred. Responsibilities: ➢ Administration and calculation of monthly reinsurance premium through RENOVA. ➢ Input data and output validation and Bordereaux preparation. Regularly reviewing data quality in core systems and reinsurance admin systems, implementing effective control measures to minimize errors proactively. ➢ Analyzing root cause of incorrect premiums and reporting to development in case of bugs. ➢ Setting up of new products and treaties into RENOVA and evaluating updates to the production environment to ensure smooth operations. ➢ Providing support to internal departments regarding reinsurance audits, accounting matters, and compliance. Co-ordinating with different department such as Finance, Claims, IT and underwriting for any Reinsurance related queries. ➢ Managing reinsurance accounting processes, reconciling financial transactions and maintaining accurate records. ➢ Compiling regulatory and financial reports at quarterly and annual intervals, ensuring compliance with industry standards and regulations. ➢ Working on PL/SQL codes to automate the manual activities, data fetching or manipulating as per the Business requirement.

Requirements: Minimum 5 years of experience in Actuarial (2-3 years in Life Insurance) Minimum 7 Actuarial Exams as per new curriculum

Designation- Actuarial professional Team- Life/Non-Life Key Requirements: 2-6 years of relevant experience in Life Modelling (mainly GGY Axis)

• Shareholders Reporting Team
• Minimum two Actuarial exams
• Graduate/Post-graduate with strong excel skills
• Good communication skills

 

Requirements :

• Good Actuarial Progress
• 8-12 Months of experience
• Skills : Data Analytical Proficiency

Company Name- Xceedance Position: Assistant Manager/ Senior Analyst Opportunity to work with clients in US/UK/EMEA regions on product development, building Pricing models/Raters, Analytics, Reporting & Filings etc. Location: Bengaluru/Gurgaon (Hybrid work mode) Key Requirements: P&C Actuaries with 2-6 years of pricing experience Proven python programming skills are desired Candidates who can join within a month time will be preferred.

Requirement: 2 to 5 years of experience in GI Industry Role will involve looking at the Motor Underwriting from Actuarial perspective

Requirements- cleared at least 4 actuarial papers (including CM1) Only apply if willing to relocate to Mumbai Before applying, make sure your resume mentions the following- (1) Number of actuarial exams cleared (2) Whether CM1 cleared (3) Year of graduation (4) Current location

Department - Pricing General Insurance Requirements i) 4+ years of experience in the Actuarial field (preferably in the pricing domain) with minimum 5 Actuarial papers. ii) Well versed with statistical tools such as R programming language, SAS and MS-Excel. iii) Experience in preparation of regulatory documents such as technical note, F&U form etc. iv) Knowledge of the regulatory landscape of the Indian insurance industry.

  Position - Actuarial Intern/Actuarial Consultant Actuarial Exams - 4 to 5 Exams 2024 graduates can apply

Company Name- KPMG Global Services Position: Actuarial Executive - Life Actuarial Location: Gurugram, Bengaluru Key Requirements: Experience: 1-3 years CM1 exam cleared Responsibilities Actuarial Audits: Ensure true and fair view of client’s half-yearly and yearly valuations. IFRS 17 Review: Dive into the current and proposed IFRS 17, scrutinizing assumptions, methodology, controls, and results. Valuation Expertise: Apply your knowledge in UK GAAP and Solvency II valuations. Modelling: Engage in modelling reserves, risk adjustments, and embedded value for life products, including migration and validation of actuarial models. Appraisal & Transactions: Offer transaction support and validate Embedded Value calculations.

Requirements :

• 3-4 Actuarial Exams Cleared
• Graduates Only
• Skills : Excel and VBA