Associate Director
3 weeks ago
Job Description :
Minimum 8 years- of actuarial experience in life insurance.
- Should be an Fellow/ Qualified actuary of IFoA, SoA or IAI.
- Experience of working in international markets such as US, UK is preferred. Good working knowledge of PBR, LDTI, IFRS17, Solvency II is mandatory.
- Must have exposure in actuarial modeling, model testing & validation.
- Must have exposure to atlest one actuarial software such as MG-Alfa, GGY Axis, Prophet. Experience in Python, R, Matlab is desirable but not mandatory.
- Advanced life insurance and actuarial knowledge, strong technical, analytical, problem solving and interpersonal skills, effective communicator to superiors, peers and subordinate, good command of the English language, demonstrated leadership qualities.
- Must contribution towards new business development such as assessing pain areas for our clients, generating solutions for clients
- Assist in learning and development of team members
- Identify and participate in continuous improvement initiatives
- Ensure compliance with Data Privacy and Protection Guidelines
Key Responsibilities :
- Complete understanding of the current state of affairs and problem statement
- Interacting with clients on regular basis, understanding their requirements and transforming that into business framework and providing actuarial solutions
- Manage a team of 1520 actuaries and data scientist.
- Initiate and lead process transformation/automation initiative.
- Provide coaching to team on build actuarial models for annuities, retirement, term product etc.
- Provide coaching to team on build testware, challenger model and perform UAT testing, Unit testing, regression testing etc. for Actuarial model testing & validation.
- Excellent written and verbal communication skills
Candidate Profile :
- Bachelor s/Master's degree in economics, mathematics, actuarial sciences.
- Affiliation to IAI, SoA or IFOA. Preferably fellow or a qualified associate actuary.
- At least 8+ years experience, with good understanding of Life products pricing, modeling, Model testing and valuation
- Exposure to US life insurance market is preferable.
- Experience of working in international markets such as US, UK is preferred. Good working knowledge of PBR, LDTI, IFRS17, Solvency II is mandatory.
- Must have exposure in actuarial modeling, model testing & validation.
- Must have exposure to atlest one of the actuarial software such as MG-Alfa, GGY Axis, Prophet.
- Experience in Python, R, Matlab is desirable but not mandatory.
- Strong ability to learn technical and business knowledge
- Superior analytical and problem solving skills
- Outstanding written and verbal communication skills
- Able to work in fast pace continuously evolving environment and ready to take up uphill challenges
- Is able to understand cross cultural differences and can work with clients across the globe
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