1. Strengthen the process of Reserving for various General Insurance lines of business by acting as the reviewer of data, assumptions, diagnostic checks. Communicate clearly all findings and significant movements in any of the portfolios and build strong documentation.
2. Drive the process of Product Pricing by providing guidance on product structures, technical note, communication of risk drivers within the framework of the company's risk appetite and overall product, and business strategy.
3. Responsible for processing all Regulatory Reporting's including FCR, IBNR Reports, ALM, Solvency Margin, Economic Capital, etc. The focus of the incumbent will be to ensure robust checks and balances in the process are followed and key changes are tracked.
4. Assist the Appointed Actuary/ Chief Actuary in the first review of various reporting documents (internal & external).
5 Assist in strengthening the documentation across reserving, pricing, and reporting activities. Develop towards a culture of strong checks and balances and high levels of documentation standard.
6 Work independently with other functions internally and develop strong working relationships. Also, work with Regional and Global Generali Teams to tackle business problems by representing the Actuarial function.
7 Assist in developing metrics for internal risk management and tracking of key risks/ data items.
8 Manage the Reserving and Reporting teams and their KRAs on an ongoing basis.
Qualification and Experience Requirement
Education :
Fully qualified Actuary or up to a few papers short of qualification. Experience: 10-12 years of experience
Functional Skills (Role Specific)
- GIC market Knowledge - IRDA Regulations - Statistical analysis software's (R, SAS, SQL Server) - Data Analysis, Data mining.
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