Assistant Manager/Deputy Manager - Actuarial Services

Must Have more than 5 actuarial exams cleared from IAI or IFoA

- Calculation of Notionals for Hedging: Implementing precise methodologies for calculating notionals, a critical aspect in hedging interest-sensitive products, ensuring accuracy and alignment with risk management strategies.

- Audit Trail and Documentation: Preparing comprehensive audit trails and documentation surrounding notional calculations, ensuring transparency, compliance, and facilitating effective internal and external audits.

- Derivative Dashboard: Developing and maintaining an internal derivative dashboard to provide a consolidated view of derivative positions, facilitating informed decision-making and risk assessment.

- Unwind Risk Monitoring: Supporting the establishment of mechanisms to monitor unwind risk, enabling proactive identification and management of potential risks associated with derivative positions.

- System Modification and Enhancement: Collaborating on the modification and enhancement of systems to calculate notionals, ensuring the technological infrastructure aligns with evolving business needs and regulatory requirements.

- In the realm of Asset Liability Management: Cash Flow Position Monitoring: Implementing robust systems to monitor cash flow positions, identifying opportunities that optimize the balance between risk and return in adherence to ALM policy.

- Risk Monitoring Tools: Setting up and implementing advanced risk monitoring tools to comprehensively assess and manage financial and demographic risks, contributing to the overall risk control framework.

- ALM Forum Management: Managing and concluding on various tasks and issues arising in ALM forums, ensuring effective communication and resolution of challenges related to risk management.

- Economic Capital Calculation: Calculating Economic Capital and proposing mitigation methods to reduce various risk capitals, fostering a proactive approach to risk management in line with regulatory requirements.

- Ensuring the timely and accurate submission of regulatory reports, demonstrating compliance with internal policies and regulatory standards.