Max Life Insurance - Executive - Actuarial Services

No. Of Openings: 1

Designation: Executive - Actuarial Services

Experience: 0 Years To 2 Years

Requisition Type : New

Hiring Manager : Anupam Sharma-HOM3134

Positio : Executive

Department :Corporate Actuarial

Function :Actuarial Services

Reporting to :Assistant Vice President (Corporate Actuarial)

Band :5A

Location: Gurugram

Job Summary : In this role, you will be mainly responsible for evaluating and managing various areas of actuarial related work, analyzing and reporting of results to the regulator and senior management.

Key Responsibilities:

- Generating the valuation data using DCS software;

- Working on prophet and excel models to extract results;

- Calculating results on quarterly/monthly basis along with proper and definitive analysis;

- Providing support in preparing reports, presentation, etc.

- Assisting in the preparation of submissions to the regulator.

- Performing UAT of models used for different actuarial related work.

Measures of Success:

- Timely delivery of the results to enable reports to be prepared as per business requirements;

- Preparing results with minimal errors;

- Performing initial level checks to reduce the errors;

- Develop an understanding of actuarial concepts related to work;

- Feedback from seniors;

- Feedback from team members.

Desired experience:

- Qualification - Member of the Institute of Actuaries of India OR Institute and Faculty of Actuaries, UK.

- The candidate should be a graduate from a reputed institute and must have good academic record.

Experience: 0-2 year of experience in a life insurance company/consultancy.

Knowledge and skills required:

- Strong analytical skills;

- Good communication skills;

- Knowledge of MS excel, including coding in VBA preferred;

- Knowledge of Prophet preferred.