Senior Actuarial Analyst

2 weeks ago

Pune, India Principal Global Services Full time
Responsibilities

Designation: Senior Actuarial Analyst

Indicative years of experience: 3-8 Years

Business Unit: IT

Location: Pune

Role Description: Develop, test and maintain applications with established processes while building holistic understanding of the underlying applications and domain

Key Responsibilities:
  • Develop and maintain technical designs based on requirements
  • Develop application code for programs while following coding standards
  • Develop and execute unit tests
  • Complete Analysis & documentation as required by the project
  • Support application testing and resolve test defects
  • Report status updates as required by the project
  • Follow established project execution processes
  • Resolve queries/issues and provide Application/functional support to peers & juniors
  • Build holistic understanding of applications & underlying domain being supported
  • Knowledge sharing
  • Running Liability valuation models.
  • Provision calculation, Principal Based Reserving
  • Experience analysis (Lapse& Mortality).
  • Basis Setting.
  • Month on Month Reserve reporting.
  • ALM
  • Preparing Actuarial Abstract
  • Solvency Calculation.
  • Analysis of Surplus
  • Data analysis
  • Meet onshore stakeholder's expectations on quality and timeliness.


Skills:

The candidate should have worked on one or more of the following areas:
  • Pricing of life insurance products; participating, non-participating including unit linked
  • Reserving of life insurance products, Risk based capital, Solvency II
  • Reporting functions, ALM, Experience studies, modelling
  • Data base management using SAS, R
  • Prior knowledge of actuarial software ALPHA would be an advantage


Qualifications

Bachelor's degree in mathematics or related field, or equivalent, and good advancement in actuarial exams and about 3 or more years of relevant experience. Strong analytical, communication, organizational and prioritization, and decision-making skills. Ability to complete detailed work accurately, ability to train, coach and mentor new team members. Aptitude in programming languages is preferred

Additional Information

The candidate will be expected to develop skills and work in close collaboration with others. She will be expected to work in alignment of organizational priorities, Principal's culture and our Core Values

LinkedIn Remote Hashtag

#LI-Remote

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