jobseeker Logo
Now Apply on the Go!
Download iimjobs Jobseeker App and get a seamless experience for your job-hunting
26/11 Abhijeet
HR at IDBI Federal

Views:4497 Applications:180 Rec. Actions:Recruiter Actions:26

IDBI Federal Life Insurance - Assistant Vice President - Risk Management (10-15 yrs)

Mumbai Job Code: 768798

AVP - Risk Management

1. Keep track of various regulatory developments in RBC/IFRS and make management team aware about likely implications on system, products, profitability etc

2. Conduct stress tests on assets and provide inputs to the Actuarial team for Economic Capital

3. Conduct ALM Studies and make a presentation to ALCO

4. Provide an independent opinion on VNB, EV and MCEV computed by Actuarial team,

5. Provide an independent opinion on product pricing with respect to interest rate, mortality, longevity and re-investment risk assumptions,

6. Conduct Strategic Asset Allocations exercise for various portfolios of the controlled fund and suggest optimal benchmark asset mix,

7. Conduct annual ORSA exercise

8. Own and maintain Model Governance Policy and conduct quarterly meetings of the Model Governance Committee

9. The candidate will report to CRO and interact on a day to day basis with Actuarial, Investments and Finance team.

Qualification and Experience:

The candidate should be a qualified Actuary with 10 years of experience preferably with 5 years of post-qualification experience. S/he should be hands-on Prophet Modeling.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

Add a note
Something suspicious? Report this job posting.