Senior Manager - Actuarial - Life Insurance

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

Position: Senior Manager - Actuary.

Department: Statutory Valuation/Shareholders Reporting

Role: Will be a member of either the statutory valuation or shareholders reporting team within the Actuarial function. Responsibilities include the following:

- Statutory reserves and solvency.

- Asset shares and bonus supportability.

- Analysis of Surplus.

- Market Consistent Embedded Value (MCEV)

- Analysis of Movement in MCEV.

- Business Planning.

Key Result Areas:

Reporting

- Timely and accurate computation of actuarial deliverables Reserve/Solvency/EV/VoNB/adhoc.

- Managing team members for performing and checking Prophet runs, carrying out Prophet model testing, assumption table update etc.

- Responsible for working on ad-hoc queries and requests coming from various stakeholders

Experience:

- 7-8 years of core actuarial experience of working with an Indian Life Insurance Company or consulting (with Indian life insurance as a client).

- (Desired) Prophet modelling experience.

Education:

- Nearly qualified actuary with minimum 12 / 13 papers.

Location: Mumbai