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 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

Requirements : 

• 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