Actuarial Manager

Responsibilities -

• Drive model conversion & Modeling new regulatory concepts in the AXIS system by providing cover, review, and coding development support as required.
• Maintain ongoing systems, valuation and business requirements and add value by giving ideas on the future developments of the system.
• Oversee the model validation while creating & running new models in AXIS from first principles.
• Understand and drive leveraging of actuarial valuation systems to improve valuation efficiency and to enable finance business performance delivery, including review and re-engineering of current actuarial valuation processes (considering speed, quality, simplicity etc.)
• Drive the piece of life insurance asset liability modeling, Valuation Modeling across different line of business.
• Ensure the delivery of annual statements with the required exhibits & statutory reports with the analysis of variance (AOV) and overview comments.
• Provide pro-active analysis, insights and recommendations supporting the calculation and change to actuarial numbers like Asset adequacy test, statuary valuation, reinsurance, best estimate cashflows and Risk Based Capital (RBC) to deliver better business outcomes.
• Ensure on providing the supporting document, calculations and reports for internal/external Audits by creating Axis replication tools.
• Together with Systems & Data Processes, lead some of Actuarial team members to ensure change is aligned with needs of business.
• Working towards Axis knowledge training to the team and as manager to make the team as a true CoE for actuarial modeling.
• Generate ideas to automation of reports and tools to proactively review reports and provide solution to data anomalies and calculation methodologies and perform further analysis if needed.
• Exhibits strong understanding of core business processes and the purpose of the team and become SME & mentor for actuarial process.
• Conduct trainings and review the work of team members to ensure the quality of deliveries within stipulated timeline.