Crisil - Credit Analyst - Actuary

Job Locatio: Mumbai

Designation - Credit Analyst - Actuary

Specific tasks vary but work may include:

- Analyzing statistical data in order to calculate, for example, accident rates for particular groups of people;

- Using mathematical modelling techniques and statistical concepts to determine probability and assess risks, such as analyzing pension scheme liabilities, presenting reports, explaining their implications to analysts/ actuaries, and analyzing risk limitation;

- Working with IT professionals to develop systems to ensure compliance with the requirements of regulatory bodies;

- Communicating with clients and carrying out relationship management, including with investment managers, risk managers, financial directors and external stakeholders;

- Analyzing impact of mergers and acquisitions on reserving strategies

Specifically, actuaries in their day-to-day work may be responsible for the following:

- Analyzing reserves and preparing reports related to reserve adequacy, exposures, limitations;

- Collating and structuring data sets (loss, premiums, paid, incurred etc.) for reserve analysis

- Developing new financial products

- Conducting valuations of assets and liabilities

- Calculating funding rates and considering assumptions for pension scheme liabilities

- Analyzing risks related to locations for catastrophe claims

- Measuring and monitoring portfolio and enterprise risks

- Overseeing asset, liability modelling and product development

- Preparing presentations, reports, valuations and quarterly updates.