Vice President - Actuarial - Enterprise Risk Management - Insurance

Vice President- Actuarial - ERM

Job Description:

- Responsible for Insurance risk monitoring & management including ; Experience studies of Mortality, Morbidity, Revival & Persistency

- Periodic update of Insurance risk experience to Management & other teams

- IRDAI reporting ; Experience analysis, Report on Persistency, etc.

Business Planning ; Business Plan projections and related metrics.

- Assessing the impact of sensitivity analysis on Business Plan

- Projections

- Analysis of variance

- Planned vs Actual

- Economic Capital Management

- Calculation of Economic Capital

- IRDAI & Internal reporting on Economic capital Responsible for Data Analytics using Artificial Intelligence / Machine Learning including

- Fraud analytics ; Assisting underwriting team with real time risk based scoring

- Modelling policyholder behavior

- Lapse propensity

- Assisting pricing team in better understanding target market / prospective customer profile

Qualification: Fellow member of Institute of Actuaries of India or Fellow member of Institute and Faculty of Actuaries, UK Work experience in years; Minimum 8 years of life insurance experience with at least 3 years of post-fellowship experience.

Skills / experience required: Previous experience in experience analysis / data analytics