Life Actuarial Modelling Role

4 weeks ago


Pune, India Olive Green Consulting Full time

Role- Life Actuarial Modelling

Years of Exp - Min 2+ yrs

Location - Pune

Work Mode - Hybrid

Please find the JD below:

As part of the growing actuarial function at Allianz Services India, you will be required to work closely with actuarial teams of other operating entities of Allianz. You will be involved with both projected based activities like model development/model testing and also BAU activities such as actuarial valuation of life insurance products.

Duties & Responsibilities :

- Support the team in model development/testing for various lines of life and health business

- Develop various model build/testing documents to validate models against IFRS17 regulations

- Collaborate with broader teams on various activities in completion of model build activities

- Support production team during the production cycles

- Enhance models on new products and other identified improvement areas

Qualification & experience

- 2 to 4 yrs of relevant actuarial experience into the Life insurance domain

- Knowledge of any actuarial platforms like MoSes, RAFM, Prophet, AXIS etc

- Master's in Actuarial Science/Statistics/Mathematics/B.Tech with good academic background

- Student member of a recognized Actuarial Institute such as IFoA, IAI, SOA etc.

- Passed 2 to 8 actuarial exams

- Sound knowledge of the Life insurance actuarial principles

- Knowledge of PBR, IFRS17, Solvency II is an advantage

- Good communication skills, both verbal and written, with ability to interact with customers from different geographical areas

- Good with Microsoft Office tools such as Excel, Access, Word, PowerPoint

- Good knowledge of SQL and can work with databases

- Knowledge of any programming languages such as R/Python is an advantage but not mandatory

- Excellent analytical skills with attention to details

(ref:iimjobs.com)
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