- Play a crucial role in the ongoing valuation requirements of large reinsurance blocks of business.
- Support key strategic initiatives associated with the ongoing running and monitoring these blocks such as experience analysis, periodic audits etc.
- Display ability to work across teams and collaborate to make ongoing processes more robust and efficient.
- Proactively look for areas within the valuation process to remove redundancies and bring in automation to reduce runtimes and eliminate the possibility of human errors.
- Communicate actuarial results to different internal and external stakeholders.
- US Life and Retirement Products exposure. Experience on Annuity products such as FIA and MYGA preferred.
- Steady exam progress with a clear path to attaining fellowship from IAI, IFOA or SOA.
- At least 5+ years of insurance experiencerelated to pricing, valuation, risk management, model development, model validation, cashflow testing, ALM.
- Experience with actuarial projection or valuation software preferred. Should be well versed with MS Excel and ideally proficient at any programming language such as Python.
- Strong analytical skills and ability to adopt a creative approach to solving complex process problems.
- Ability to manage multiple work assignments and meet time commitments.
- Strong oral and written communication skills.
Responsibilities: Play a crucial role in the ongoing valuation requirements of large reinsurance blocks of business. Support key strategic initiatives associated with the ongoing running and monitorin...
- 1-2 paper must be cleared
- Immediate joiners
Requirements : 1-2 paper must be cleared Immediate joiners
#394 MetLife – Actuary
- 0-2 papers cleared
- 0-1 year of experience
Requirements : 0-2 papers cleared 0-1 year of experience
#393 MetLife – Actuary
- 5 years experience in Actuarial (2-3 years in Life Insurance)
- Min 6 papers cleared as per new curriculum.
Requirements : 5 years experience in Actuarial (2-3 years in Life Insurance) Min 6 papers cleared as per new curriculum.
#392 Principal Global Services – Actuary
- 1 actuarial exam should be cleared
- Minimum 1.5 years experience
- Working knowledge of SQL is mandatory
Requirements : 1 actuarial exam should be cleared Minimum 1.5 years experience Working knowledge of SQL is mandatory
#391 Liberty Insurance – Actuary
- Minimum 6 months or 1 year experience in General insurance
- Work Profile: reserving for all LoBs, regulatory work, product pricing and motor TP portfolio (analytics and modelling)
Requirements : Minimum 6 months or 1 year experience in General insurance Work Profile: reserving for all LoBs, regulatory work, product pricing and motor TP portfolio (analytics and modelling)
#390 Agam Capital – Actuarial Analyst
- Assist in conversion and valuation of various blocks of business
- Assist in model testing and validation exercise post model conversion
- Develop cashflow models for insurance liabilities, investments and derivatives
- Perform experience analysis on insurance blocks
- Prepare income statement and balance sheet for financial model
- Perform movement analysis to monitor and explain the changes in the company’s capital position
- Develop new functionalities and enhancements to the model as necessary, including improved efficiencies
- Support new business activities by evaluating capital requirements for potential acquisitions and reinsurance blocks
- Provide ad hoc capital analysis and financial projections to support strategic initiatives as necessary
- US Life Products exposure. Traditional and/or Annuity products.
- On track to becoming an Associate or Fellow, with minimum 2-5 papers cleared.
- 2 - 3 years of life insurance experience related to pricing, valuation, risk management, model development, model validation, cashflow testing, ALM.
- Experience with AXIS or similar actuarial projection or valuation software
- Strong analytical skills and ability to adopt a creative approach to solving complex process problems
- Ability to manage multiple work assignments and meet time commitments
- Strong oral and written communication skills
Responsibilities: Assist in conversion and valuation of various blocks of business Assist in model testing and validation exercise post model conversion Develop cashflow models for insurance liabiliti...
#389 Kandoi & Co – Actuary
- Minimum 2 papers should be cleared.
- Skills required - MS Office( word, excel, power point), communication and analytical skills.
Requirements : Minimum 2 papers should be cleared. Skills required – MS Office( word, excel, power point), communication and analytical skills.
- Support in model conversion & Modeling new regulatory concepts in the AXIS system by providing cover, review and coding development support as required
- Support on annual statements from end to end to deliver the required exhibits & statutory reports with the analysis of variance (AOV)
- Support life insurance asset modeling
- Provide support in reviewing the experience of mortality & Lapse assumption on the overall business and by products
- Ensure delivery of actuarial valuation numbers (STAT & GAAP) on timely basis with analysis
- Assist in model validation while creating & running new models in AXIS from first principles
- Provide pro-active analysis supporting the calculation and change to actuarial numbers
- Ensure on providing the supporting actuarial document, calculations and reports for internal/external Audits
- Together with Systems & Data Processes, work with Actuarial teams, and other senior stakeholders to ensure change is aligned with needs of business
- Working towards contributing to the team as a true CoE for actuarial processes
- Automation of reports and tools to proactively review reports and look for data anomalies and calculation methodologies and perform further analysis if needed
- Exhibits strong understanding of core business processes and the purpose of the team and become an SME for few actuarial process
- Simplifies complex ideas and data into something understandable and actionable by business partners
- Bachelors or Masters degree in a quantitative discipline (Applied Mathematics, Statistics, Operations Research, Actuarial Sciences or related field), Candidates with actuarial qualifications will be given preference
- Should have completed 4-6 Actuarial papers with CM1 or CS2 as Mandatory.
- 4-6years’ experience in Actuarial field in Life Insurance for Senior Consultant
- In pursuit of Actuarial papers from US/UK/India and making good progress towards certification (minimum 3 papers- CM1 or equivalent exam from another institute is Mandatory)
- Knowledge of US Life insurance and financial services market,
- Candidates with Knowledge of Actuarial aspects of Life& annuity/pension products and all related statutory rules and regulations will be preferred
- Knowledge and experience of any Actuarial Platforms/Tools like Moses, AXIS (GGY/Moody’s), ARCVAL/CASE, Prophet, MGAlfa, Polysystem etc.
- Proficiency in MS Office, Knowledge in tools like R/SAS, SQL are added advantage
Responsibilities : Support in model conversion & Modeling new regulatory concepts in the AXIS system by providing cover, review and coding development support as required Support on annual stateme...
#387 Onsurity – Actuary
- Experience: 0-3 years
- Advanced Excel is must. Knowledge of Python, SAS, SQL shall be preferred.
Requirements : Experience: 0-3 years Advanced Excel is must. Knowledge of Python, SAS, SQL shall be preferred.
#386 ICICI Prudential Life Insurance – Internship
- Should have at least 5 actuarial papers(old syllabus)
- Knowledge of R, SQL or Python being an added advantage.
Requirements : Should have at least 5 actuarial papers(old syllabus) Knowledge of R, SQL or Python being an added advantage. Duration : 6 months
- Oversee end to end implementation of strategic priorities,
- Build stakeholder relationships,
- Manage and guide junior team members on analysis, modelling and reporting to provide powerful insights to support better business decisions.
- Minimum 2 years of general insurance experience preferably in modelling key insurance risk
- Excellent communication, people engagement and stakeholder management skill
- Exposure to coding or statistical modelling software's such as Igloo, R etc
- Strong technical and analytical skill
Responsibilities : Oversee end to end implementation of strategic priorities, Build stakeholder relationships, Manage and guide junior team members on analysis, modelling and reporting to provide powe...
#384 Reliance General Insurance – General Insurance/Actuarial Pricing head & Senior Manager
- Experience- 4 to 8 Years
Requirement : Experience- 4 to 8 Years
#383 Future Generali India Life Insurance – Pricing Manager
- Drive the New Business Value by optimizing the growth and the profit margin as per Strategy plan through impacts on business metrics and strategy and resulting product pricing
- Steer Life Product mix towards profitable lines of business with fair balance between demand in the local market and the strategic objectives of the Group, International and the Asia Region
- Product Pricing- To develop/modify products based on new product ideas or request from products team. Propose new products / riders / product modification.
- Product pricing and reporting with Regional Office on IFRS17 basis and IRDAI on traditional basis. Handling queries received from IRDAI and Regional office.
- Claims Model Recalibration, implicit guarantees calibration and assumption setting
- Co-ordination with other teams for product management related activities like providing sign off on Benefit Illustrations etc, Life department documents etc.
- Measuring the success of the product by experience monitoring and proper feedback mechanism
- Reviewing the User Acceptance Tests results and providing sign offs
- Respond to Audit queries
- Evaluate EV, appraisal value, potential partnership opportunities on the basis of bespoke products
- Good understanding of product, ALSM regulations
- Nearly Qualified in Actuary. Ideal candidate having prior experience in product pricing.
- Minimum 8 years of life insurance experience with at least 5 years of pricing experience.
- MS Excel Proficiency, Knowledge of VBA will be an advantage.
Responsibilities : Drive the New Business Value by optimizing the growth and the profit margin as per Strategy plan through impacts on business metrics and strategy and resulting product pricing Steer...
#382 Allianz – Actuary
- Experience in insurance domain is mandatory.
- Experience in pricing/reserving/modelling will be preferred
Requirements : Experience in insurance domain is mandatory. Experience in pricing/reserving/modelling will be preferred