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Life Insurance/General Insurance Actuarial experience Not looking from Healthcare, Pension and Retirement industries Primary Responsibilities : Actuarial Audits: Audit of the client's reserves and systems for true and fair view across Motor, Health, Property and Casualty, Personal and Accident, Health and other lines of business. - Adherence to Reporting standards (IFRS, IGAAP, USGAAP) - Review of Assumptions, methodology, controls and results - Review reserving methodology (e.g. IBNR, PDR, UPR, URR, etc.) - Reserving: Understanding client's business model, identifying sources of liability, performing data validation, developing run off triangles and claims pattern, calculating IBNR reserves. - Model Development and Validation: Validating, creating and/or updating models based on new data/ events (e.g. catastrophe modelling, credit rating model, Risk Models) - Risk Management: Develop internal models and ERM framework; Own, Risk, and Solvency Assessment (ORSA) reports. - Capital Modelling: Develop stress testing models and review capital adequacy requirements for insurance companies as per local regulations. - Reinsurance: Reviewing reinsurance agreements, monitor experience with reinsurance, reinsurance structure and structuring solutions. - IFRS 17: Assist clients with understanding and implementation of IFRS 17 regulations along with any review exercises. This will also include any support with system transformation required. Essential Requirements : Education / professional qualifications : - Graduate/Post graduate with a strong background in mathematics or statistics. Member of Institute of Actuaries (UK) and/or Institute of Actuaries of India and must have passed at least 3 actuarial exams from either of these institutes including CS2. Prior Experience: - 0-3 years of Non-life actuarial experience with knowledge in reporting - reserving, business planning, pricing etc. Understanding of IFRS 17 preferred. Knowledge of stochastic modelling and proxy modelling is a plus. Required Skills : Technical Skills : - Knowledge of insurance business and actuarial techniques specifically in any of the reporting areas. Familiarity with spreadsheets, databases, statistical analysis programs. Working knowledge of Emblem, RESQ, SAS, R, Python is a plus. Soft Skills - Good communication and strong interpersonal skills and ability to interact with clients.

Mumbai

Gurgaon/Gurugram

Analyst - Actuary - Life Insurance/General Insurance 

Job Description for Analyst - Actuary - Life Insurance/General Insurance  in Black Turtle India Pvt Ltd in  Mumbai Gurgaon/Gurugram for (1-10) years of experience. Apply Now!

Analyst - Actuary - Life Insurance/General Insurance  | iimjobs.com