Deputy Manager - Actuarial - Life Assurance

Exp: 5-10 Yrs

Key responsibilities:

Undertake numerical analysis and manipulation using a range of systems and actuarial tools.

Prepare and document simple computer programmes and models to clearly defined requirements.

Support a range of management reports and returns.

Respond to straightforward technical queries.

Provide support and guidance to more junior members of the team in a range of project work as and when required.

Seek and act on opportunities to develop wider and deeper technical and business understanding.

Draft and maintain up-to-date, appropriate documentation and checklists for any processes that are implemented.

Compliance - Ensure understanding and adherence to code of Conduct and, where appropriate, comply with all relevant regulatory policies. This includes completion of any mandatory training requirements.-

Monitor business and external developments related to own area of responsibility and propose consequent changes to established procedures.

Financial Controls - Ensure all expenditure commitments (orders, contracts, budgets etc) and all payments are properly authorized, controlled and monitored, in accordance with delegated authority requirements. The responsibilities of expenditure authorizes are documented in the Financial Procedures Manual.

Responsibility for supervision of other team members or managing a small team and own the delivery of that team for allocated pieces of work or project management.

Supervise the work of more junior team members (graduate trainees; junior trainees), monitoring work progress against standards and deadlines.

Performance Management - Follow and contribute to the recognized Performance Management process. Ensure delivery of People Management and that all its processes and tools are fully utilized in managing people allocated to him/her.

Skills required:

5-7 years of relevant Actuarial experience.-

A student member of the Institute or Faculty of Actuaries and / or Indian Institute of Actuaries. Should have accumulated 7-15 Actuarial examinations.

Good level of understanding of the Financial Services industry and regulatory environment.

Experience of financial reporting and actuarial modelling for a Life Assurance company.

Thorough understanding of at least one function / team within Actuarial and ability to deliver on assigned tasks independently.