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Work From Office - Harrington Mansion, 8, Ho Chi Minh Sarai, Kolkata - 700071 Monday to Saturday (9 AM to 6 PM) Vacancies - 2 About Actuators: Actuators Educational Institute has a proven track record of mentoring over 1000+ industry expert professionals, each possessing specialized expertise in various domains. In addition to this, we are proud to have over 100+ Fellow and Associate professionals who contribute to the success of our portfolio through their diverse perspectives and collaborative efforts.

Work From Office - Harrington Mansion, 8, Ho Chi Minh Sarai, Kolkata - 700071 Monday to Saturday (9 AM to 6 PM) Vacancies - 2 About Actuators: Actuators Educational Institute has a proven track record of mentoring over 1000+ industry expert professionals, each possessing specialized expertise in various domains. In addition to this, we are proud to have over 100+ Fellow and Associate professionals who contribute to the success of our portfolio through their diverse perspectives and collaborative efforts.

Work From Office - Harrington Mansion, 8, Ho Chi Minh Sarai, Kolkata - 700071 Monday to Saturday (9 AM to 6 PM) Vacancies - 2 About Actuators: Actuators Educational Institute has a proven track record of mentoring over 1000+ industry expert professionals, each possessing specialized expertise in various domains. In addition to this, we are proud to have over 100+ Fellow and Associate professionals who contribute to the success of our portfolio through their diverse perspectives and collaborative efforts.

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Work From Office - Harrington Mansion, 8, Ho Chi Minh Sarai, Kolkata - 700071 Monday to Saturday (9 AM to 6 PM) Vacancies - 2 About Actuators: Actuators Educational Institute has a proven track record of mentoring over 1000+ industry expert professionals, each possessing specialized expertise in various domains. In addition to this, we are proud to have over 100+ Fellow and Associate professionals who contribute to the success of our portfolio through their diverse perspectives and collaborative efforts.

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Work From Office - Harrington Mansion, 8, Ho Chi Minh Sarai, Kolkata - 700071 Monday to Saturday (9 AM to 6 PM) Vacancies - 2 About Actuators: Actuators Educational Institute has a proven track record of mentoring over 1000+ industry expert professionals, each possessing specialized expertise in various domains. In addition to this, we are proud to have over 100+ Fellow and Associate professionals who contribute to the success of our portfolio through their diverse perspectives and collaborative efforts.

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Responsibilities As an Actuarial Analyst, you will be responsible for supporting the Special Projects team in developing and executing complex projects involving actuarial analyses, modelling, and data analysis. Your primary responsibilities will include:

• Collaborating with other team members to gather data and providing support during modelling and analysis.
• Maintaining accurate and up-to-date documentation of the analysis and modelling process.
• Working closely with actuaries to prepare reports and communicate findings to internal and external stakeholders.
• Contributing to the development of cutting-edge actuarial techniques and tools.
• Working with other team members to ensure that projects are completed on time and within budget.

Eligibility

• A Bachelor’s degree (Master’s preferred), with a relevant major
• 0 to 6 years of work experience in an actuarial / research role
• Great actuarial exam progress (min. two exam passes) commensurate with the quantum of experience
• Strong analytical and quantitative skills, with a keen attention to detail
• Familiarity with R, Python, Excel, SQL or other similar software
• Great communication and documentation skills
• Ability to work independently as well as in a team environment
• Proficiency in spoken and written English, and in MS Office Suite

Why Chubb Business Services India?

• You will be joining a group of diverse and driven professionals trained to succeed in today’s insurance landscape.
• We provide the opportunity to cultivate a robust career; we accommodate your growth and development even as we expect you to make meaningful contributions to our company.
• We offer competitive compensation and benefit programs. We pride ourselves in being a meritocracy that rewards the best talent.
• We seek to create an inclusive environment where employees of different cultures and backgrounds can thrive.

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Roles & Responsibility:

• Motivate, lead and support team members to provide excellent customer service and help transition work from onshore, training team members
• Coordinate with processes and procedures with other managers to provide consistent professional services across teams.
• Develop staffing strategies for appropriate allocation of resources to meet business needs and client service commitments/objectives.
• Prepare valuation data using Excel or ProVal
• Perform detailed gain/loss analysis and write commentaries
• Code, update ProVal to program assumptions and benefits related changes
• Update report writer tool using summary of results from ProVal
• Prepare valuation reports for full valuations and interim valuations
• Act as reviewer for the team and manage team activities on daily basis

Education and skill Requirement:

• Bachelor’s degree in Actuarial Science/Statistics/Mathematics with 60%+ marks
• At least 5-7 Actuarial exam pass will be an advantage
• Proven Project Management Skills
• Coordinate the successful training and instruction of new associates
• Excellent communication and problem-solving skills
• Ability to work in a collaborative team environment, ask right questions, and seek help when appropriates
• Flexibility in work culture (Example – She/he should be flexible in Day/Night shift based on business requirement)
• Actuarial Experience other than pension can also apply.

• Roles and Responsibilities
• Workings on Group Quotations,
• Data checks
• UAT
• Reinsurance calculations
• Data analysis/Mortality analysis
• IIB data (group /Individual)
• Public disclosures and Annual Reports and ARA, AAAR reporting.

In this role, you will be responsible for model development, implementation & documentation for a BFS client in the US Responsibilities  You will be working with the independent model validation function of a large banking client and will involve end-to-end validation of risk and regulatory models across business functions, and development of challenger models as necessary. It will also involve interaction with various stakeholder groups including model development, model owners/lines of business, auditors and client model validators. You will be expected to work hands -on to validate models, build and lead validation teams, and bring in thought leadership and domain/quantitative best practices to present effective challenge to the models. Your activities will include, but will not be limited to the following:

• End-to-end independent validation of actuarial and regulatory models (Wealth and Insurance models (Life and health and Annuity model)); examples of validation include annual review of models, model change review, trigger review, model revalidation and new model validation
• Typical steps of model validation will include:
  • Assess the models conceptually and quantitatively to ensure the model is suitable for the stated use
  • Assess the model documents and data to ensure model input parameter is in line with the current market practice and regulatory guidelines
  • Assess the model risk and challenge the model
  • Assessment of the model monitoring and implementation Assessment of the model calibration techniques
  • Prepare model validation report summarizing findings and provide recommendations

• Work effectively on multiple projects / across product classes
• Project-manage multiple team members (model validators) and guide them with knowledge and expertise of insurance models; assess quality of deliverable produced by team members
• Effectively communicate with client and internal senior management towards smooth operations management
• Assessment of current state processes, identification of gaps or scopes of improvements, and work with client and team towards continuous process improvements

Qualifications we seek in you! Minimum qualifications:

• Post-graduation in Actuarial Sciences, Mathematics, Statistics, or related major and partly qualified actuary(some relevant actuarial papers cleared)
• Relevant experience in Banking and Financial services, with US ASA equivalent experience in actuarial modelling/independent validation of either Life or Non-Life insurance models
• Understanding of and experience in model validation guidelines, such as, SR 1i-7 in US and E23in Canada
• Knowledge of tools: any actuarial modelling tool (such as PolySystems, AXIS or MGAlfa), Excel, Word, any programming language
• Strong client management and communication/presentation skills — written & verbal
• Self-driven, proactive, “can-do” Ability to work under ambiguity and with minimal supervision

Preferred qualifications

• Strong networking, negotiation and influencing skills
• Knowledge of Actuarial Modelling in US/Canada, Risk and Regulatory guidelines and MRM practices
• More than 8 actuarial papers cleared[pdf-embedder url="https://aeiqforum.com/wp-content/uploads/2024/03/Insurance-Model-Validation.pdf" title="Insurance - Model Validation"]

Additional qualifications

• Strong project management experience and demonstrated expertise of communicating and coordinating across multiple business units
• Experience of managing projects and teams in risk modelling or financial services industry

the reinsurance team in Future Generali is looking for interns. CM1 is mandatory. Only for Mumbai and Delhi candidates. final year students can also apply

About Us ACKO is India’s first and only fully-digital Insurtech (product) company to have taken insurance by storm. You might have seen our cool ads or are already a customer and we hope you have noticed how we are rewriting the rules of the insurance game constantly and persistently. Based out of Bangalore, we are solving for the Indian market. But we are a part of a global wave of insurtech startups such as ZhongAn in China , Oscar, Lemonade, Metromile in the US, that are known to succeed owing to their business models and technology. We are a unicorn backed by a slate of marquee investors like Binny Bansal, Amazon, Ascent capital, Accel, SAIF, Catamaran, General Atlantic and Multiples. In only four years since our inception and operations, our products have reached ~75M unique users. We have partnered with some of the biggest names of the digital ecosystem such as Amazon, Ola, RedBus, Oyo, Lendingkart, ZestMoney, GOMMT group etc. At ACKO, job roles are focused at impact and we’re here to transform the way the industry operates. Innovation drives us and our products, and we are poised to disrupt insurance, powered by our pioneering products. We have changed the landscape of this age old sector in a growing economy like India and have miles to go from here. After having crossed the $1B valuation mark, our eyes set on even bigger milestones. If you think we’re just about growth and numbers, employee wellbeing lies at the core of all our programs and policies. We are a regular ‘Great Place to Work’ winner and consistently feature on Linkedin’s list of top startups. Currently 1000 strong, we are hiring across all functions. Job Description Join the Acker Club (Acko team) Powered by digital innovation, ACKO is disrupting and rejigging the insurance space. We are India’s first and only all-digital Insurtech product company, and after planting our feet firmly on the ground we are looking for talent to help us fly. Why should you join us? Let’s cut to the chase. We are changing the rules of the game and giving it quite a facelift, wouldn’t you like to be a part of this evolution? Besides, we are also ‘Great Place to Work’ certified and consistently feature on Linkedin’s list of top startups. Currently 700 strong, we are growing at an unstoppable pace and would love for you to join the force. What You Will Do  

• 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 leaders 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
• Conduct solvency projections and raise capital requirement calls

Who We Are Looking For  

• 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
• Great stakeholder management skills (both internal and external)
• Above-average educational background

JOB Opportunity at Kapadia Global Actuaries Actuarial Analyst. Requirements: Experience: Fresher or 1-2 years of experience Location: Mumbai. Minimum 1-2 Actuarial papers. Graduation mandatory. Interested candidates share resume to naved@kapadiaglobal.com

About the job

About Sunlife At Sun Life, we empower you to be your most brilliant self.   Sun Life Financial is a leading financial services company that helps our clients achieve lifetime financial security and live healthier lives. We’ve been honoring our commitments since 1865, and our future looks brighter all the time. We serve millions in Canada, the U.S., Asia, the U.K. and other parts of the world. Through a network of Sun Life advisors, 3rd-party partners and other distributors, we’re enabling our clients to gain the freedom to live their lives their way, from now through retirement. We’re working hard to support their wellness and health management goals, so they can enjoy what matters most to them – whether that’s running a marathon or helping their grandchildren learn to ride a bike. We strive to Shine Together, Make Life Brighter & Shape the Future!     Your scope of work/Key Responsibilities   We are looking for Actuarial talent with 2 to 7 years total experience to perform the following:

• Model development & testing using Moody’s Axis and Risk Integrity across geographies including Canada, US, and Asia.
• Develop, test and maintain models and utilities for implementations such as IFRS17, LICAT etc.
• Develop, test and maintain tools and utilities used for model inputs and extraction of model output.
• Review and test IFRS 17 models which includes reserve movement checks/reconciliations, cashflow checks at both aggregate and policy level etc.
• Validate IFRS4 models and provide detailed summary report to stakeholders.
• Analyze, present results, and effectively communicate with the stakeholders.
• Effectively communicate with the stakeholders and execute the tasks independently.
• Lead projects and execute tasks independently.
• Good and effective communication and writing skills.
• Must have passed at least 3 Actuarial exams.

  Interested candidates can please send their Updated Resume on sanjaysingh@sunlife.com

Join the Acker Club (Acko team)

• are seeking enthusiastic candidates to join our Statutory Valuation team at Kotak Life as freshers. The ideal candidate will possess a minimum of three actuarial papers, including a pass in CM1. Prior internship experience in a core life insurance company is highly desirable. If you meet these requirements and are interested in this opportunity, please submit your CV.