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06/02 Rajdeep Singh
HR at Jubilant HR Consultants

Views:543 Applications:9 Rec. Actions:Recruiter Actions:2

Senior Manager - Actuarial - Life Insurance (6-7 yrs)

Mumbai Job Code: 794518

Our Clients are a well-established Life Insurance Company. They are a joint venture between diversified financial services conglomerate in India and one of the oldest life insurance companies in the world. Headquartered at Mumbai.

Role : Sr Manager-Actuarial.

Role and responsibilities:

- Support the modeling team in the development and maintenance of Prophet and related modelling tools.

- Guide junior members of the modelling team with conception, planning and implementation of a model, for a new product or for enhancements.

- Working on designing, modeling etc of IFRS in Prophet.

- Ensure adequate Testing and Reviewing of changes are done before the model is released for the user teams. - Ensure all Modelling Governance principles are adhered to.

- Help with the development and implementation of IFRS 17 by preparing various Accounting and Reporting templates as per the requirements.

- Enhance IFRS 17 understanding and capabilities both within the actuarial team and other stakeholders.

- Liaising with Finance & Accounts and other relevant teams to help develop associated processes required for the financial reports and the collection and generation of required data.

- Forecast, validate and interpret new IFRS 17 metrics by performing various exercises.

- Sound accounting and financial concepts to interpret the implications of various approaches and applicability of the same to the business.

- Steer strategic projects, including statistical in nature, to do with Business Intelligence, Sales, Corporate Planning etc.

Experience :

- At least 6 to 7 years- experience in Life Insurance, with modelling and reporting experience.

- Experience (either current or past) in Life Insurance is mandatory.

Education Qualification :

- Graduate who has completed CT papers and has shown progress in the Application/Specialist papers.

Functional Skills:

- Knowledge of reserving, EV, accounting framework.

- Knowledge of PROPHET, DCS and other software's such as R.

- Expert knowledge of insurance products and good understanding of cash flows, accounting concepts and regulations.

-Updated knowledge on regulations and head start with IFRS 17 requirements.

- Working knowledge of the systems and processes.

Soft Skills :

- Proficient in English and with Good Communication Skills.

- Capability to manage multiple stakeholders and multiple projects.

- Strong execution and time management skills.

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

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