Job Title: Actuarial Manager.
Job Location: Gurgaon.
We are looking for an Actuarial Manager with at least 5 7 years experience in Life Insurance Products.
Requirements:
- US Life Products exposure.
Traditional and/or Annuity products.
- On track to becoming an Associate or Fellow.
- 5 7 years of life insurance experience related to pricing, valuation, risk management, model development, model validation, cashflow testing, ALM.
- Experience with AXIS or similar actuarial projection or valuation software.
- Strong analytical skills and ability to adopt a creative approach to solving complex process problems.
- Ability to manage multiple work assignments and meet time commitments.
- Strong oral and written communication skills.
Responsibilities:
- Assist in conversion and valuation of various blocks of business.
- Assist in model testing and validation exercise post model conversion.
- Develop cashflow models for insurance liabilities, investments and derivatives.
- Perform experience analysis on insurance blocks.
- Prepare income statement and balance sheet for financial model.
- Perform movement analysis to monitor and explain the changes in the company's capital position.
- Develop new functionalities and enhancements to the model as necessary, including improved efficiencies.
- Support new business activities by evaluating capital requirements for potential acquisitions and reinsurance blocks.
- Provide ad hoc capital analysis and financial projections to support strategic initiatives as necessary.
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