- Ability to build products from scratch in Prophet/Axis.
- Identify any errors in the model and correct them.
- Ensure proper documentation, building technical specifications, testing and change control on the model.
- Understanding of any reporting metric viz. Indian regulation/Solvency II/ IFRS/US GAAP
- Ability to perform model validation using independent excel models.
- Maintain and ensure coding standards are followed.
- Ability to perform analysis and complete tasks, while maintaining quality of work product during extremely time sensitive deadlines.
- Ability to effectively manage team discipline, motivation and morale.
- Maintain the integrity amongst the team members.
- Perform ah-hoc research and development requests as required.
- Perform reserving audits for Life/Health Insurance Products under Stat & US GAAP assumptions.
- Proficient in modelling software like Prophet/Axis
Analyze and reconcile data correctly for projects assigned. Identify and highlight unreasonable data and correct as necessary.
- Develop claim liability reserves through IBNR model using claims and membership data.
- Perform in-depth reasonableness analysis and confirm accuracy of assumptions.
- Document, create summary reports in order to communicate results to internal management. Archive results of each analysis performed, once complete.
- Demonstrate the ability to perform previously assigned tasks and projects with minimal supervision and maintain quality and accuracy.
- To check the accuracy and reasonability of work.
- Ability to perform analysis and complete tasks, while maintaining quality of work product during extremely time sensitive deadlines.
- Ability to effectively manage team discipline, motivation and morale.
- Maintain the integrity amongst the team members.
- Perform ah-hoc research and development requests as required.
Education- Bachelor's or Master's degree with an emphasis in Mathematics, Statistics, or a related financial field
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