Experience – 5 to 12 years in Pricing, Valuation and Modelling, preferably from Life Insurance

Job Description:

• Working experience in a Domestic life insurance company.

• Perform monthly valuation work per Indian Statutory requirements, prepare necessary summary reports of the monthly valuation results and explain movements in reserves.
• Perform monthly and quarterly solvency margin calculations in accordance with IRDAI requirements.
• Identify Individual and group life policy data issues and work with IT/Admin team to fix them.
• Maintenance of DCS tool and valuation data along with necessary compliance controls and audit checks.
• Preparing various quarterly and annual IRDAI submission pertaining to ARA, AAAR, Actuarial Forms BAP submission, public disclosures etc.
• Performing asset share roll-forward to manage profitability and reserves of Par business.
• Performing declared bonus calculations and assist in handling requirements of the WPC committee of the Company.
• Work on implementation of IFRS 17.