Agam Capital

5 days ago


Gurugram, India Agam Capital Full time

Job Title: Actuarial Manager. Job Location: Gurgaon. We are looking for an Actuarial Manager with at least 5 7 years experience in Life Insurance Products. Requirements: - US Life Products exposure. Traditional and/or Annuity products. - On track to becoming an Associate or Fellow. - 5 7 years of life insurance experience related to pricing, valuation, risk management, model development, model validation, cashflow testing, ALM. - Experience with AXIS or similar actuarial projection or valuation software. - Strong analytical skills and ability to adopt a creative approach to solving complex process problems. - Ability to manage multiple work assignments and meet time commitments. - Strong oral and written communication skills. Responsibilities: - Assist in conversion and valuation of various blocks of business. - Assist in model testing and validation exercise post model conversion. - Develop cashflow models for insurance liabilities, investments and derivatives. - Perform experience analysis on insurance blocks. - Prepare income statement and balance sheet for financial model. - Perform movement analysis to monitor and explain the changes in the company's capital position. - Develop new functionalities and enhancements to the model as necessary, including improved efficiencies. - Support new business activities by evaluating capital requirements for potential acquisitions and reinsurance blocks. - Provide ad hoc capital analysis and financial projections to support strategic initiatives as necessary. (ref:iimjobs.com)