Senior - Life Actuarial
2 weeks ago
Job Description
We are recruiting a Senior in the Actuarial Services team
The responsibilities will include:
Primary Responsibilities
Actuarial 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, methodology, controls and results including Technical provisions, SCR] review
IFRS to SII Technical Provision movements
Modelling:
Modelling of reserves, risk margin, embedded value for various life products; migration of models from existing actuarial software (e.g. MGALFA to GGY AXIS); model testing and validation.
Appraisal Value/Transactions/Embedded Value Review:
Provide transaction and due diligence support to the client; including perform independent validation of Embedded Value calculations.
Responsibilities
Actuarial 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, methodology, controls and results including Technical provisions, SCR] review
IFRS to SII Technical Provision movements
Qualifications
Qualifications:
Graduate/Post graduate with a strong background in mathematics and statistics
- 6 years of relevant Actuarial experience. Member of Institute of Actuaries (UK) , SoA and CAS of US and/or Institute of Actuaries of India and must have passed significant actuarial exams from any of these institutes.
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