Manager - Actuarial Services (5-10 yrs)

3 weeks ago

Gurgaon, Haryana, India iimjobs Full time

Key Responsibilities:

Business Planning:

- Performing yearly business plan activity involving projection of NB margins, EV and related measures, profit, solvency, etc.

- Tracking of plan numbers against actual, and identify reasons of differences.

- Annual IRDAI submission on FCR, Annexure ST and Section 7 of AAAR/ARA.

Experience Analysis:

- Assumptions setting - Actuarial assumptions are required for calculation of reserves, EV, NBM and pricing new products. The role would involve performing the assumption setting once a year for mortality and lapses to determine the assumptions to be used in pricing, EV and valuation.

- Discontinuity/Mortality reporting - Executing DCS codes, updating excels and working out the discontinuity/mortality rates. Analyzing the trends, updating the quarterly report and communicating the results together with recommendations. Preparation of annual IRDAI reports.

- Allowable reporting - Measuring the allowable under the new business helps the business planning team to identify areas of control over payouts to the channels. The role would require monthly and quarterly allowable reporting to the financial planning team so that they can compare the actual expenses vs those loaded in premiums / planned expenses.

Measure of Success:

1. Meeting the TAT defined

2. Accuracy of numbers

3. Insights provided

4. Communication of trends and insights

Skills:

1. Proficient in Prophet and DCS

2. Strong analytical and report writing skills.

3. Hands on experience with Experience Analysis, Business Plan and EV reporting.

4. Proficient in MS Excel and MS word.

Primary Interactions:-

1) External - Finance, claims, underwriting, IT, products, persistency team, FPnA.

2) Internal - Pricing, Group/Reinsurance, valuation and modeling teams

Essential qualifications and experience:

Qualification - must have

Graduate/post graduate with 6-8 actuarial exams.

Experience

3-5 years of actuarial experience in any of Indian life insurance company/life insurance consulting in India.

  • Actuarial Consultant

    2 weeks ago

    Gurgaon, Haryana, India Willis Towers Watson Full time

    Job DescriptionWe are looking for an analytical individual with experience of financial modelling in actuarial software within life insurance industry, with keen interest in developing business automation solutions to join WTW as part of a team focussed on automation & transformation within life actuarial consulting practice. This is a unique and exciting...

  • Actuarial Consultant

    2 weeks ago

    Gurgaon, Haryana, India WTW Full time

    We are looking for an analytical individual with experience of financial modelling in actuarial software within life insurance industry, with keen interest in developing business automation solutions to join WTW as part of a team focussed on automation & transformation within life actuarial consulting practice. This is a unique and exciting opportunity to...

  • Manager - Actuarial

    3 weeks ago

    Gurgaon, Haryana, India Sun Life Financial Inc. Full time

    You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll...

  • Associate Director Actuarial Consulting

    4 weeks ago

    Gurgaon, Haryana, India WTW Full time

    We are looking for an actuary with at least 10+ years of experience in the life insurance domain, enthusiastic to join as an associate director in our consulting practice. This role is based in Gurgaon (India) in the insurance consulting team. Our insurance consulting and technology (ICT) practice includes over 1,300 insurance practitioners who have...

  • Senior Actuarial Consultant

    2 weeks ago

    Gurgaon, Haryana, India WTW Full time

    We are looking for an analytical individual with experience of financial modelling in actuarial software within life insurance industry, with keen interest in developing business automation solutions to join WTW as part of a team focussed on automation & transformation within life actuarial consulting practice. This is a unique and exciting opportunity to...

  • Actuarial Consultant

    4 weeks ago

    Gurgaon, Haryana, India WTW Full time

    Short Description - We are looking for an analytical individual with experience of financial modelling in actuarial software within life insurance industry, with keen interest in developing business automation solutions to join WTW as part of a team focussed on automation & transformation within life actuarial consulting practice. This is a unique and...

  • Senior Actuarial Consultant

    2 weeks ago

    Gurgaon, Haryana, India Willis Towers Watson Full time

    Job DescriptionWe are looking for an analytical individual with experience of financial modelling in actuarial software within life insurance industry, with keen interest in developing business automation solutions to join WTW as part of a team focussed on automation & transformation within life actuarial consulting practice.This is a unique and exciting...

  • Associate Director Actuarial Consulting

    3 weeks ago

    Gurgaon, Haryana, India Willis Towers Watson Full time

    Job DescriptionWe are looking for an actuary with at least 10+ years of experience in the life insurance domain, enthusiastic to join as an associate director in our consulting practice. This role is based in Gurgaon (India) in the insurance consulting team.Our insurance consulting and technology (ICT) practice includes over 1,300 insurance practitioners who...

  • Executive - Life Actuarial

    3 weeks ago

    Gurgaon, Haryana, India KPMG Full time

    Job DescriptionWe are recruiting a Life Actuarial Executive in the Actuarial Services team. The responsibilities of Executive will include:Primary ResponsibilitiesActuarial Audits: Audit of the client's half-yearly and yearly valuation systems for true and fair view.IFRS current and proposed IFRS 17 [Assumptions, methodology, controls and results] review. UK...

  • Executive - Life Actuarial

    2 weeks ago

    Gurgaon, Haryana, India KPMG Full time

    Job DescriptionWe are recruiting a Life Actuarial Executive in the Actuarial Services team. The responsibilities of Executive will include:Primary ResponsibilitiesActuarial Audits: Audit of the client's half-yearly and yearly valuation systems for true and fair view.IFRS current and proposed IFRS 17 [Assumptions, methodology, controls and results] review. UK...

  • Assistant Manager

    4 weeks ago

    Gurgaon, Haryana, India KPMG Full time

    Job DescriptionRoles and Responsibilities Designation Assistant Manager Reporting to Manager Role type Individual contributor Employment type Full-time We are recruiting a Non-life (General Insurance) Assistant Manager in the Actuarial Services team. The responsibilities of Assistant Manager will include:Work as a core member of the actuarial team and...

  • Actuarial Senior Consultant- Technology

    3 weeks ago

    Gurgaon, Haryana, India WTW Full time

    Short Description - We are looking for an analytical individual with experience of financial modelling in actuarial software within life insurance industry, with keen interest in developing business automation solutions to join WTW as part of a team focussed on automation & transformation within life actuarial consulting practice. This is a unique and...

  • Actuarial Senior Consultant- Technology

    4 weeks ago

    Gurgaon, Haryana, India Willis Towers Watson Full time

    Job Description Short Description - We are looking for an analytical individual with experience of financial modelling in actuarial software within life insurance industry, with keen interest in developing business automation solutions to join WTW as part of a team focussed on automation & transformation within life actuarial consulting practice.This is a...

  • Analyst - Life Actuarial

    4 weeks ago

    Gurgaon, Haryana, India KPMG Full time

    Job DescriptionWe are recruiting a Life Actuarial Analyst in the Actuarial Services team. The responsibilities of Analyst will include:Primary ResponsibilitiesActuarial Audits: Audit of the client's half-yearly and yearly valuation systems for true and fair view.IFRS current and proposed IFRS 17 [Assumptions, methodology, controls and results] review. US...

  • Senior Actuarial Consultant

    3 weeks ago

    Gurgaon, Haryana, India Willis Towers Watson Full time

    Job DescriptionThis role is based in Gurgaon (India) to support the insurance consulting team of Willis Towers Watson in India. We are looking for an analytical insurance practitioner with at least 6-8 years of experience in actuarial Non-life insurance domain, enthusiastic to join as a senior consultant in our Non-Life consulting practice. Our insurance...

  • Senior - Life Actuarial

    3 weeks ago

    Gurgaon, Haryana, India KPMG Full time

    Job DescriptionWe are recruiting a Senior in the Actuarial Services teamThe responsibilities will include:Primary ResponsibilitiesActuarial Audits: Audit of the client's half-yearly and yearly valuation systems for true and fair view.IFRS current and proposed IFRS 17[Assumptions, methodology, controls and results] review Solvency II [Assumptions,...

  • Lead - Actuarial

    3 weeks ago

    Gurgaon, Haryana, India Sun Life Financial Inc. Full time

    You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll...

  • Senior Actuarial Consultant- Life

    4 weeks ago

    Gurgaon, Haryana, India WTW Full time

    This role is based in Gurgaon (India) in the insurance consulting team. We are looking for an actuary with at least 6-8 years of experience in the life insurance domain, enthusiastic to join as a senior consultant in our life consulting practice. Our insurance consulting and technology (ICT) practice includes over 1,300 insurance practitioners who have...

  • Senior Actuarial Consultant- Life

    4 weeks ago

    Gurgaon, Haryana, India Willis Towers Watson Full time

    Job DescriptionThis role is based in Gurgaon (India) in the insurance consulting team. We are looking for an actuary with at least 6-8 years of experience in the life insurance domain, enthusiastic to join as a senior consultant in our life consulting practice. Our insurance consulting and technology (ICT) practice includes over 1,300 insurance practitioners...

  • Senior Actuarial Consultant

    3 weeks ago

    Gurgaon, Haryana, India WTW Full time

    This role is based in Gurgaon (India) to support the insurance consulting team of Willis Towers Watson in India. We are looking for an analytical insurance practitioner with at least 6-8 years of experience in actuarial Non-life insurance domain, enthusiastic to join as a senior consultant in our Non-Life consulting practice. Our insurance consulting and...