03/12 Daphne
Deputy Manager - Talent Acquistion at HDFC Life

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HDFC Life - Manager - Actuarial Risk (4-6 yrs) Premium

Mumbai Job Code: 640158

Candidate Requirement :

Years of experience required : 4-6 years

Education : Bachelor's degree in Mathematics/Engineering/Statistics/Economics

- Passed minimum of 4 Actuarial CT series exams.

Designation: Manager - Actuarial Risk

Domain : Life Insurance/BFSI

Overall purpose of the Job: Set up processes, data systems etc for regular analysis of insurance risk parameters.

Job Description :

- Implementing new tools and supporting the implementation of requirements under IFRS 17, Risk Based Capital and Risk Based Supervision Framework

- Perform model validation of insurance risk models and ensure maintenance of a timely, accurate and well documented modeling process, assumptions and testing results and driving regular model validation process. Ability to summarize and report test results to the Senior Management

- Work closely with Underwriting, claims, actuarial, investment teams to work on projects

- Work with other risk teams to oversee the ORSA (Own Risk Self Assessment) process and define the risk appetite framework for insurance risks

Technical Qualifications & Key competencies :

- Strong analytical skills with understanding of principles of actuarial modeling including DCF

- Entry level knowledge of modeling, spreadsheet and or database programs with a strong desire to learn new systems and technologies. Exposure to financial mathematics / statistical software will be added advantage

- Attention to detail and a focus on delivering high quality work

- Exposure to Prophet, R, Python, SAS, Numerix will be advantage

- Ability to communicate the technical issues clearly and concisely

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