Founder at Serving Skill
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Group Manager - Actuarial - Life Insurance (7-10 yrs)
Location : Chennai
Experience : 7+ years experience only from Life Insurance Company's actuarial department
Job description :
- Validating client requirements and conceptualizing solutions to meet these requirements.
- Independently engaging with stakeholders on development requirements and validation of modeling solution.
- Modelling the requirements while ensuring design and build follow best practice modelling guidelines.
- Training junior members on process responsibilities and on modeling platform specific capabilities.
- Driving system testing activities and conducting walkthroughs of results analyses to stakeholders.
- Communicating progress on activities to relevant stakeholders and delivery managers
- Preparing complete documentation and audit packs supporting developments and overall model releases.
- Managing junior resources towards fulfilling process deliverables.
- Ensuring process activities are consistent with defined process manuals and updating procedural manuals when necessary.
Performance indicators :
- Quality of design, developments and other process deliverables evidenced by feedback from client stakeholders and reviews from supervisors responsible for respective activities.
- Demonstration of the values espoused by client
Job skills/experience requirements :
- 7+ actuarial exams from Institute of Actuaries of India/Faculty & Institute of Actuaries, UK/Society of Actuaries/Institute of Actuaries of Australia. paper passes or exemptions in CT1 and CT5.
- Ability to relate to actuarial concepts from CT2, CT3, CT4, CA2 and ST2
- Good verbal and written communication skills
- Advanced modeling skills in Prophet with ability to relate requirements to techniques like Rebasing, Calculation Looping etc. when needed. Similar proficiency in other platforms can also be considered.
- Work Experience in Prophet, MS Access, MS Excel with VBA coding, SAS/programming skills
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