#388 Wipro – Actuarial Senior Consultant
Wipro
Full-Time
Remote
Posted 3 weeks ago
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