Manager/Deputy Manager - Valuation and Reserving - Actuary

Role - Manager / Deputy Manager - Valuation and Reserving ( Actuary )

Location - Mumbai

KRA : -

- Build long term cashflows in Prophet for various reporting purpose

- Build, run and test Prophet models for computation of

- Future Policy Benefits reserve (FPBR)

- Value of New Business (VNB)

- Deferred Acquisition cost (DAC) as per US GAAP

- Create, test and run models for IFRS 17 (Ind AS 117) reporting

- Compute monthly IBNR estimate, reinsurance and other statutory reserves

- Create/ support quarterly and annual reports to be submitted to IRDAI, Global office and Reinsurer

Qualification & Experience :-

- 2-3 years of experience in long term reserving, data handling and analysis

- 2-3 years of experience in Prophet modeling and testing

- Minimum Paper criteria: 5 CT series papers (CT4 and CT6 preferable)

- Proficient in Excel and Visual Basic applications

- Strong analytical skills

- Good communication skills