Analyst/Assistant Manager/Deputy Manager - Actuarial - BFSI

We are having excellent opportunity for the position of Actuarial with one of the leading UK based Co. for Mumbai location

Skill: Actuarial

Location: Mumbai

Role: Analyst / Assistant Manager / Deputy Manager

Work Experience: 1.00 yrs to 10.00 yrs

RESPONSIBILITIES AND ACCOUNTABILITY:

- Being able to properly assimilate the information provided by the Lead Auditor from the Planning phase of the audit

- Should be able to understand the business background of the area being audited; and their role in the audit assignment

- It may be necessary from time to time, for the Auditor to assist the Lead Auditor and Audit Manager in conducting the planning phase of the audit

- Document the key processes and associated controls being examined in the audit. This will involve the use of flowcharts where necessary

- The Auditor should assist the Lead Auditor in completing a control and risk assessment matrix following their documentation of the systems and processes being reviewed and preparation of a test programme

- The Auditor should test that the controls identified in the risk assessment exercise are operating effectively in accordance with the test programme

- Address any review points raised by the Lead Auditor/ Manager and QA team

- Support the lead auditor in drafting audit conclusions based on control and risk evaluation and associated testing. Practical recommendations for any remedial action should be made

- Populate Teammate with planning, fieldwork and reporting material

- Assist the Lead Auditor and Audit Manager in discussing and finalising the findings and actions with the management responsible for the activities being audited

- Document Issue Assurance work papers on Team Central

- Promote GwIA and the service it provides by building strong and effective working relationships with business colleague, other IA staff and external auditors

- Adhere to the various policies, procedures, guidelines, including timely completion of various activities such as mandatory CBTs, time sheets, expense statements, leave requests, etc.

- Work with minimum supervision

- Maintain domain expertise

- Willingness to travel for extended periods of time

EXPERIENCE:

- Relevant actuarial work experience based on Life, General, Pensions or Health

- Should have cleared a minimum 8 actuarial papers

- Should have worked on a variety of actuarial processes during his/her tenure (for e.g. Pricing, valuation, product support, etc.)

- Good understanding and knowledge of Actuarial modelling techniques

- Good understanding and knowledge of actuarial tools, techniques and procedures (including control frameworks for actuarial processes)

- Ability to interpret simple and complex actuarial formula

- Awareness of reporting and regulatory requirements relevant to Prudential Group (At least one of Solvency 2, Embedded Value, Statutory and Realistic Reporting)

- Knowledge of Actuarial processes and standards

- Understanding of actuarial risks and control frameworks

- Preferred exposure of interaction with UK management

- Ability to gather, summarise, and examine data or information and identify implications of findings

- Flexible approach to responsibilities, working hours and travel to the UK

- Good time management, interpersonal & communication skills

- Proficient with MS Office applications

Mrs. Hemangi
Avenues Consulting