Base Location: Mumbai Reporting To: Head of Valuation Experience: 2 years and above Job Purpose / Brief of Job Role : - Assist the Head of Valuation in carrying out all functions of the team including the valuation of Munich Re India Branch Life & Health reinsurance business liabilities for Statutory and Internal reporting purposes, preparation of financial reports and analyses and ensuring compliance with internal and external requirements relating to valuation of liabilities. Key Responsibilities : - Carry out the Valuation of Life and Health Business of South Asia (Statutory IRDA reporting, Solvency II, Actuarial Modelling on AXIS) - Prepare Corporate Actuarial reports (IFRS reporting, Business Planning, Solvency Capital Monitoring, Shareholder Reporting, Regular interaction with the Finance team) - Share insights relating to Business Monitoring (Experience Analysis, Monitoring and Reporting) - Support the Implementation of IFRS17 as per regional guidelines - Carry out the operations of the Data Management framework within the function - Support internal stakeholders like Business Development, Pricing Teams and Underwriting teams Education & Experience : - Actuarial student with at least 6 CP series exams completed including CM1 - Strong commitment to complete the Actuarial course - Preferably at least 2 years experience in life insurance or re-insurance company Competencies : - Strong computer skills e.g. MS Excel, VBA, MS Access, SQL etc (essential). - Exposure to an actuarial software would be preferred (AXIS would be preferred) - Exposure to Indian Statutory Reporting, Solvency II and IFRS17 would be preferred - Excellent technical and analytical skills, logical and concise in approach and demonstrate attention to detail. - Self-motivated and able to work within a team environment, outcome focused - Strong communication skills in English (written and verbal) About Munich Re Founded in 1880, Munich Re Group is one of the worlds leading providers of reinsurance, primary insurance and insurance-related risk solutions. As pioneers in risk assessment, we drive the digital transformation of the global insurance landscape, expanding products and services as new forms of risk emerge. From space rocket launches to cyber- attacks, from high net worth individual life cover to pandemics, we take care of risks, so our clients can take care of their business. Across Asia Pacific, Middle East and Africa, we operate life and health and non-life reinsurance as well as primary insurance businesses, providing global career development opportunities and prospects to more than 1900 team members in 20 locations. We started supporting clients in the Indian market in 1951 and established our India Branch in Mumbai in 2017 to service the Non-Life and Life reinsurance markets in India, Sri Lanka and Bangladesh <a href="http://experience.munichre.com/reimagine-your-career-india/p/1">Find out Who we are, What we do, Our Strategy and How we can support & Reward you</a> For your candidature to be considered on this job, you need to apply necessarily on the company's redirected page of this job. Please make sure you apply on the redirected page as well.

Mumbai

Munich Re - Actuarial Analyst - Valuation 

Munich Re - Actuarial Analyst - Valuation  ,Job Description for Munich Re - Actuarial Analyst - Valuation  in Munich Re in  Mumbai for (2-5) years of experience. Apply Now!

Job Description for Munich Re - Actuarial Analyst - Valuation  in Munich Re in  Mumbai for (2-5) years of experience. Apply Now!