Assistant Manager/Manager - Actuarial & Statutory Reporting - Life Insurance Firm

Assistant Manager/Manager-Actuarial

- Our Clients are a well-established Life Insurance Company. They are a joint venture between diversified financial services conglomerate in India and one of the oldest life insurance companies in the world. Headquartered at Mumbai.

Role : Assistant Manager/Manager- Statutory Reporting, Actuarial.

Reporting to : Sr Mgr/Chief Manager- Statutory Reporting, Actuarial.

Role and responsibilities :

- 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 :

- Minimum 4 to 5 years experience in Statutory Reporting area, Life Insurance.

- Experience (either current or past) in Life Insurance is mandatory.

Education Qualification :

- Graduate with 3- 9 Actuarial papers cleared.

Functional skills :

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

- Good understanding of insurance business

- Knowledge of reserving, accounting framework (including IFRS)

- Knowledge of PROPHET, DCS and other software's.

Soft Skills :

- Proficient in English.

- Good Communication Skills.

- Capability to manage multiple stakeholders.