Assistant Manager/Manager - Actuarial - Life Insurance Firm

Our Client is a well-established Life Insurance Company. The company is part of India's leading diversified financial services organization.

Role: Assistant Manager/Manager-Actuarial (Statutory Reporting).

Reporting to: Senior/ Chief Manager - Statutory reporting, Actuarial.

Key Responsibilities:

- Role involves carrying out checks on valuation results.

- Active involvement in preparing various reports to be submitted to the regulator viz. Valuation Forms & D Statements, Appointed Actuary's Annual Report, etc.

- Ability to liaise with different stakeholders including auditors, With Profit Actuary and peer reviewer will be treated as an advantage.

- Carrying out periodical analyses on ALM position of the Company and communicate the result with constructive recommendation to various stakeholders including IRDAI and Internal Management.

- Understanding and experience of IFRS accounting will be treated as an advantage.

- Role also involves liaison and communication with other functions such as finance and IT.

Experience/Education:

- At least 4 to 5 years- experience in the Statutory Reporting area, Life Insurance.

- Completed at least 3 papers of Actuarial Science.

Functional Skills Required:

- Knowledge of reserving, accounting framework (including IFRS).

- Knowledge of PROPHET, DCS and other software.

- Expert knowledge of insurance products and good understanding of cash flows.

- Good understanding of the insurance business.

- Updated knowledge on Regulations.

Soft Skills Required:

- Capability to manage multiple stakeholders.

- Good Communication Skills.