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09 Jun 2023

03/05 Valerie Fernandes
Seniorr Executive TA at Ageas Federal Life Insurance Posted in
Banking & Finance Jobs

03 May 2023; Job Code: 1255670; Location: Anywhere in India/Multiple Locations/Remote

Views:263 Applications:41 Rec. Actions:Recruiter Actions:14

Ageas Federal - Chief Manager - Risk Management (5-6 yrs)

Anywhere in India/Multiple Locations/Remote Job Code: 1255670

Job Purpose:

The Chief Manager will under supervision of the Chief Risk Officer monitor and report identified financial risks and support the CRO in further developing/optimizing the financial risk framework.

Key Accountabilities:

- Compute Risk sensitivities of various funds including Modified Duration and PV01

- Analyse Liquidity Risk

- Monitor risks in Guaranteed Funds using Portfolio Insurance Techniques

- External Benchmarking and portfolio performance

- Perform scenario test, stress test and sensitivity test

- Collate various macro-economic data covering economy, debt market and equity market,

- To recommend pricing interest rates for products to actuarial team,

- To maintain Investment Policy, Liquidity Risk Policy, Market Risk Policy, Default Risk Policy, Derivative Policy and ALM Policy

- To make risk related disclosures

- To work on ALM including duration gaps, optimising ALM , Optimising hedging strategies using FRA,

Work on Strategic Asset Allocation of portfolio sing efficient frontier models

- To monitor MTM and VaR of Derivative portfolio, PV01 etc, to carry out system testing and UAT related to derivatives

ALCO reports:

Work Relationships : Ability to get along well with people. The candidate is required to co-ordinate with Back Office, Investments, Middle Office, Internal/External Auditors and Actuary.

Qualification : BA/BCOM with CA/MBA/minimum 8 PAPERS OF INSTITUTE OF ACTUARIES

Experience : Minimum 5-6 years in Insurance Industry in Risk or Actuarial function or experience in Mid Office of Bank