Assistant Manager - Actuarial - Big4

We are looking for AM-Actuarial for Bangalore.  

As an Assistant Manager in the Life Actuarial Services team which works for Company's UK, US and India. The actuarial work performed by the team spans across life audits, appraisal valuation, embedded value, economic capital and modelling for these as necessary.

Primary Responsibilities:
 
Should have cleared 4 CT papers excluding CT9

Experience- 5.5-9 Years

- Actuarial Audits: Audit of the client's half-yearly and yearly valuation systems for true and fair view.

- IFRS current and proposed IFRS 17[Assumptions, methodology, controls and results] review

- Solvency II [Assumptions, methodology, controls and results including Technical provisions, SCR] review

- IFRS to SII Technical Provision movements

- Modelling: Modelling of reserves, risk margin, embedded value for various life products; migration of models from existing actuarial software (e.g. MGALFA to GGY AXIS); model testing and validation.

- Appraisal Value/Transactions/Embedded Value Review: Provide transaction and due diligence support to the client; including performing independent validation of Embedded Value calculations.

Other related responsibilities - 

- Assist client with understanding and implementing the new regulations e.g. IFRS 17, etc.

- Provide assistance with actuarial system transformation

Avanika Singh Chauhan