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13/11 Vishal Srivastava
CEO/Proprietor at Recruitment Firm

Views:1772 Applications:1 Rec. Actions:Recruiter Actions:0

Group Manager - Actuarial - BFSI (8-10 yrs)

Chennai Job Code: 763978

Group Manager- Actuarial


REPORTING - Sr. Group Manager/General Manager - Actuarial

Experience 8 - 10 Years

Annual Salary 26 LPA INR

Work Location Chennai, Tamil Nadu, India


- To manage and ensure team delivery, within defined timelines

- To act as a key support member to the UK Life Reporting


- Min 8-10 years experience in the Life Insurance/Pension domain.

- Should have completed 5 + CT papers and should have some experience in team handling.


People Related:

- Lead a medium to large size team, set team expectation and work order and priorities

- Conduct regular One to One, Skip level & Team meeting

- Carry our periodic performance review and development discussion, provide and record feedbacks on continuous basis

- Facilitate career development discussion and plan career pathing with help of management

- Conduct knowledge sharing sessions, prepare a team for upcoming reporting changes

- Workflow management, Provide stretched target to team etc.

- Training of new hires on the systems and processes

- Guide and support team members for development of domain expertise

- Attrition Management, Back-up planning, Knowledge retention etc.

Process Related:

- Responsible for managing

- Team

- SLA performance

- Client relationship and management

- Client expectation and priorities

- Audit support

- Undertake and lead data, basis, results and balance sheet production for IFRS, Economic Capital, Asset Share & New Business Reporting

- Actuarial model result analysis including validation, analysis of change, economic and non- economic Stresses, Sensitivities, Critical Scenario, Back-testing etc.

- Base and stressed balance sheet and P&L account production on solvency II requirement (both IM & SF)

- SCR calculation and validation using solvency model

- NB reporting and analysis such as VNB, APE, NBS, profit driver analysis etc.

- Asset model results in production, Stress analysis, ALM, Equity Release valuation

- Strong understanding of Prophet, DCS etc.

- Regression testing, change request, testing, impact analysis etc.

- Lead complex projects and developments, do project planning, dashboard, communication etc.

- Ability to think creatively to generate solutions to tough problems

QUALIFICATION:-Graduate/Master in any stream

Required skills:

- Strong communication skills: Verbal & Written

- Ability to work through stringent timelines

- Proficient in MS Office Suite, high level of understanding of VBA/ SQL coding (preferred)

- Should possess the ability to think out of the box contingency management

- Good decision-making skills

- Good Project management skills

Behavioral Competencies :

- Decision-making ability & Attention to detail

- Team players with a ready disposition to learn

- Professional mannerisms

- Customer Centricity

- Commitment and reliability

- Versatile and adaptable

- Communication Skills

- Ability to have conversations with the client teams, related to the process is essential

- Ability to have robust conversations while maintaining a high level of customer service and maintaining composure

- Ability to utilise effective listening skills

- Pick up on direct and indirect queries from customers and understand and comprehend the customer needs

- Ability to distinguish between enquiries and complaints (including level of complaint)

Women-friendly workplace:

Maternity and Paternity Benefits

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