Chief Manager
1 week ago
About Max Life Insurance:
Max Life Insurance Company Limited is a collaboration between Max Financial Services Limited and Axis Bank Limited, being part of the Indian multi-business corporation Max Group.
Max Life offers comprehensive protection and long-term savings life insurance solutions through multiple channels including agency and third-party partners. Throughout almost two decades, Max Life has established operations based on a customer-centric approach, a need-based sales process, and a well-trained workforce.
Key Values:
- Caring: A compassionate leader promoting diversity and meritocracy, inspiring excellence and high performance.
- Collaboration: An inclusive leader leveraging team expertise for outstanding results through teamwork and cooperation.
- Customer Obsession: Keeping the customer at the heart of all initiatives for exceptional experiences.
- Growth Mindset: Encouraging innovative ideas, challenging the norm, and aiming for high-impact goals.
- People Leadership: Empowering teams to reach their full potential and deliver exceptional outcomes.
Responsibilities:
- Developing new insurance products and maintaining existing models.
- Utilizing Prophet Software architecture proficiently.
- Identifying and suggesting improvements to current Prophet models in line with best practices.
- Implementing IFRS17 developments on Prophet and related tools.
- Collaborating with team members to address modelling needs.
- Engaging cross-functionally and providing responsive support.
Success Metrics:
- Timely delivery of results for accurate reporting and analysis.
- Ensuring minimal errors in work through thorough result verification.
- Clear communication of analysis results.
Qualifications and Experience:
- Qualification: Student member of the Institute of Actuaries of India OR Institute and Faculty of Actuaries, UK. Minimum 8 actuarial exams completed. Additional knowledge of Prophet libraries like ALS and IFRS is beneficial. Familiarity with tools such as ACL, Python, and R is an advantage.
- Experience: Over 7 years in a life insurance company/consultancy, with at least 2 years of hands-on experience with Prophet. People management experience is required.
Primary Interactions:
- Internal: Collaboration with the Pricing team, Actuarial teams within Max Life, and IT department.
Required Skills:
- Capability for result-oriented, technical analysis under deadline pressure.
- Effective communication skills for conveying technical information clearly.
- Ability to work both collaboratively and independently.
- Proficiency in actuarial software, particularly Prophet, and tools like MS Excel, Word, PowerPoint.
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