#191 Kotak Life – Actuarial AVP
Kotak Life
Full-Time
Mumbai
Posted 5 months ago
Role – Valuations & Shareholder Reporting
Responsibilities
- Computation of Statutory Reserves and Solvency Ratio
- Recommendation of Statutory Assumption basis
- Computation of Asset Share and carrying out Bonus Supportability Investigation
- Generation of movement analysis of Asset share and FFA
- Conducting Analysis of Surplus
- Performing expense allocation on monthly basis
- Checking of Regulatory Forms and Reporting pertaining to Statutory Valuation and Reinsurance Administration
- Conducting Movement analysis of Statutory Reserves and producing checks in terms of appropriate reserve ratios
- Train the team in actuarial techniques related to valuation of liabilities
- Ensuring compliance with relevant regulations and practice standards
Requirements
- 6+ years of experience in a core life insurance company
- Proficiency in Prophet, DCS, SQL and MS-Access
- Completion of at least 10 actuarial papers as per the new curriculum