Manager/Senior Manager - Actuarial - Life Insurance Firm

Manager/Senior Manager-Actuarial

Our client is one of the leading private sector Life Insurance Company based at Mumbai.

Position: Manager/Senior Manager-Actuarial

Role Summary: Will be a member of the Modelling team within the Actuarial function.

Key Responsibilities:

- Modelling new products.

- Develop model for any business needs.

- Provide innovative and useful solutions to user team's feedbacks and requirements.

- Development and maintenance of prophet model and tables for :

- Statutory reserves and solvency.

- Asset shares and bonus supportability.

- Analysis of Surplus.

- Business Planning.

- Market Consistent Embedded Value (MCEV).

- Analysis of Movement in MCEV.

- Economic Capital and ALM.

- Par and Non Par COG computation.

- Pricing.

Experience:

- 5-6 years of core actuarial life insurance experience including Prophet modelling.

- (Desired) Working knowledge of advanced prophet features like array variables, rebasing, calculation looping, performing dynamic and stochastic runs.

Education: Actuarial students making good progress in actuarial papers and having sound actuarial knowledge.