Chief Manager/Senior Manager - Actuary - Life Insurance

Our Client is a well-established Life Insurance Company. Established in 2011, the company is part of India's leading diversified financial services organization.

Level : Senior Manager/ Chief Manager - Actuary.

Reporting to : Head - Statutory Reporting & Capital Management.

Key Responsibilities :

- Preparing various regulatory reports viz. ARA, AAAR etc.

- Ability to liaise with different stakeholders including auditors, With Profit Actuary, peer reviewer etc.

- Solvency management.

- Monthly Reserves & Data.

- Reinsurance Reporting with Profit Fund 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, investments, IT etc.

- Motivating and mentoring members of the department to perform their duties.

- Engaging with Stakeholders to understand the business problem.

- Delegation of work depending upon capabilities and expertise of team members.

- Assisting and guiding team members on actuarial exam progress.

Position Requirement :

- Graduate who has completed at least 10 actuarial papers, experience of Statutory Reporting is mandatory

- At least 6 to 8 years of experience in Life Insurance.

- Expert knowledge of insurance products and their detailed cash-flows.

- Expert core actuarial skills for projections.

- Expert prophet and DCS modelling.

- Expert MS excel knowledge.

- Good knowledge of IRDA reporting and reserving regulations.

- Good knowledge of insurance company's financials.

- Knowledge of PROPHET, DCS and other softwares.

- Updated knowledge on regulations.

- Knowledge of methods and approach of reserve calculations.

- Proactive documentation skills.