Analyst III

1 week ago


mumbai, India Edelweiss Tokio Life Full time

Group Company: Edelweiss Tokio Life Insurance Company Limited

Designation: Analyst III - Shareholder Reporting

Office Location:

Position description:

JOB DESCRIPTION

Basic Information

Position Title

Analyst III – Shareholder Reporting

Internal Designation

Chief Manager

Job Role

Analyst III – Shareholder Reporting

Reporting to

Head – Shareholder reporting, WPC & IFRS

Sub LOB / Department

Actuarial

Location

Mumbai

Total Headcount (Direct) Supervised

2

Total Headcount (Direct / Indirect) Supervised

2

Job Purpose

To manage timely reporting of shareholder profitability metrics and experience studies while ensuring accuracy.

Key Responsibilities

Responsibilities

• To report the embedded value (EV) and value of new business (VNB) and do a detailed analysis of their movement

•To analyze deviations between the actual numbers and planned business numbers

• To report experience analysis of persistency, mortality, expense, revival etc.

• To set assumptions using experience analysis for various purposes

•To report risk based capital calculation to the JV partner

•To report the reserves based on Ind-AS reporting

• To perform sensitivity and scenario testing on EV and VNB.

• To create IRDAI reports and prepare response to the queries related to above work

Specific Authorities( Financial & Non Financial)

Not Applicable

Key Performance Indicators

TAT Compliance = %

% Accuracy (0 errors)

Job Requirements

Qualifications

Graduate who has completed more than 8 papers

Experience

At least 5 years’ experience in Life Insurance industry preferably in Shareholder Reporting

Functional Competencies

·Risk Assessment

·Actuarial Technical Expertise

·Modelling Tools

·Regulatory Knowledge

Behavioral Competencies

·Business Acumen

·Growth through Differentiation Definition

·Collaboration

·Customer centricity

Key Interactions

Internal

Nature or purpose of interaction

Corporate planning

Reporting of EV/VNB/experience analysis for MIS

Finance team

Entries in Financials, Ind-AS reporting, Reconciliation of numbers

Tokio marine (JV)

Submission of EV/VNB reporting, RBC and response to any query raised

Investment team

Inputs for EV/RBC, Reconciliation of numbers

CEO’s Office

Board requirements

Actuarial – valuation

Data and DCS related

Actuarial – Pricing

Products and pricing model related queries/discussion

External

Nature or purpose of interaction

Peers in other organizations

Discussion on industry practice

Documented By

Lead - SH Reporting

Approved By

Head - Advisory, Risk Assessment & Reporting

HR certification By

HR - BP

Primary Responsibilities:

To report the embedded value (EV) and value of new business (VNB) and do a detailed analysis of their movement
  • Analyst III

    3 weeks ago


    Mumbai, Maharashtra, India Edelweiss Tokio Life Full time

    Group Company: Edelweiss Tokio Life Insurance Company Limited Designation: Analyst III - Shareholder Reporting Office Location: Position description: JOB DESCRIPTION Basic Information Position Title Analyst III – Shareholder Reporting Internal Designation Chief Manager Job Role Analyst III – Shareholder Reporting ...

  • Analyst III

    1 month ago


    Mumbai, India Edelweiss Tokio Life Full time

    Group Company: Edelweiss Tokio Life Insurance Company Limited Designation: Analyst III - Shareholder Reporting Office Location: Position description: JOB DESCRIPTION Basic Information Position Title Analyst III – Shareholder Reporting Internal Designation Chief Manager Job Role Analyst III – Shareholder...

  • Business Analyst III

    3 weeks ago


    Mumbai, Maharashtra, India RELX Full time

    Business Analyst III Would you like to be part of a team that delivers high-quality software to our customers? Do you have impressive experience as a Business Analyst? About the Business With more than 10,000 global customers, Brightmine, formerly XpertHR, is a leading provider of people data, analytics and insight for the HR sector. We help...

  • Business Analyst III

    3 weeks ago


    Mumbai, Maharashtra, India LexisNexis Risk Solutions Full time

    Business Analyst III Would you like to be part of a team that delivers high-quality software to our customers? Do you have impressive experience as a Business Analyst? About the Business With more than 10,000 global customers, Brightmine, formerly XpertHR, is a leading provider of people data, analytics and insight for the HR sector. We help...


  • Mumbai, Maharashtra, India LexisNexis Full time

    Tech Customer Specialist Analyst IIIJoin Our Team - Make an Impact!Are you a proactive team player who thrives on delivering top-notch software solutions to our valued customers?About the Business:At LexisNexis Business Unit, our mission is to empower businesses of all sizes to boost revenue, streamline operations, and enhance customer satisfaction. We...

  • Solutions Analyst III

    4 weeks ago


    Mumbai, India JPMorgan Chase & Co. Full time

    Join our dynamic team to revolutionize how technology intersects with business. Your analytical skills and tech-savviness will be pivotal in creating impactful solutions.As a Solutions Analyst III in Corporate & Investment Bank, Payments Technology, you will aid in bridging the gap between product owners, business, operations, and software developers by...

  • Solutions Analyst III

    4 weeks ago


    mumbai, India JPMorgan Chase & Co. Full time

    Join our dynamic team to revolutionize how technology intersects with business. Your analytical skills and tech-savviness will be pivotal in creating impactful solutions. As a Solutions Analyst III in Corporate & Investment Bank, Payments Technology, you will aid in bridging the gap between product owners, business, operations, and software developers by...

  • Solutions Analyst III

    1 month ago


    Mumbai, India JPMorgan Chase & Co. Full time

    Join our dynamic team to revolutionize how technology intersects with business. Your analytical skills and tech-savviness will be pivotal in creating impactful solutions. As a Solutions Analyst III in Corporate & Investment Bank, Payments Technology, you will aid in bridging the gap between product owners, business, operations, and software developers by...

  • Business Analyst III

    3 weeks ago


    Mumbai, Maharashtra, India RELX Full time

    About the Role Agile Business Analyst to join its data and analytics group. You will manage scrum duties for one squad, perform business analysis, take ownership of the backlogs, and manage stakeholder relationships. The ideal candidate will also be comfortable taking ownership of situations within their assigned squads. Responsibilities Analyzing,...


  • mumbai, India Paradise Placement Consultancy Full time

    Job Description: Company Background Aptivaa is a leading risk and capital management consulting firm that has worked with over 100 banksand FIs in US, ME and India. We provide Risk management advisory in the fields of Credit/ Market/Liquidity Risk and ALM.Under the Cognext Analytics brand, we also provide cutting edge IT solutions...


  • Mumbai, India Deloitte Full time

    Job Title : Credit Risk/Market Risk, Oracle OFSAA – Basel Module Location: Mumbai Experience:  0-3 years Designation:  Analyst Notice period: Any Key Responsibilities Help businesses in scoping requirements and apprise business users of various solutions alternatives to set achievable requirements which meet business objectives Work...


  • Mumbai, Maharashtra, India RELX Full time

    Tech Customer Specialist Analyst III Would you like to be part of a team that delivers high-quality software to our customers? Are you a highly visible champion with a 'can do' attitude and enthusiasm that inspires others? About the Business: LexisNexis Business Unit is the essential partner. we offer a multitude of solutions focused on helping...

  • Credit Risk Analyst

    4 weeks ago


    mumbai, India Avensys Consulting Full time

    Greetings from AvensysWe are looking for “Credit Risk Analyst” for Singapore location. Please let me know your interest level to discuss on the opportunity or request you to refer anybody interested in the role.About Avensys:Avensys is a reputed global IT professional services company headquartered in Singapore. Our service spectrum includes enterprise...

  • Credit Risk Analyst

    3 weeks ago


    Mumbai, Maharashtra, India Avensys Consulting Full time

    Greetings from Avensys!We are in the search for a Credit Risk Analyst for a Singapore-based position. If you are intrigued by this opportunity or know someone who might be, feel free to reach out.About Avensys:Avensys is a well-known global IT professional services firm headquartered in Singapore, with expertise in enterprise solution consulting, business...

  • Credit Risk Analyst

    2 weeks ago


    Mumbai, Maharashtra, India Avensys Consulting Full time

    Greetings from Avensys!We are currently in search of a Credit Risk Analyst for a position based in Singapore. If you are interested in discussing this opportunity further, or if you know someone who might be a good fit, please feel free to reach out.About Avensys:Avensys is a well-known global IT services company with its headquarters in Singapore. Our range...


  • Mumbai, India JPMorgan Chase & Co. Full time

    We have an opportunity to impact your career and provide an adventure where you can push the limits of what's possible. As a Software Engineer III at JPMorgan Chase within the Asset and Wealth Management Technology, you are an integral part of an agile team that works to enhance, build, and deliver trusted market-leading technology products in a secure,...


  • Navi Mumbai, India Teva Pharmaceuticals Full time

    The opportunityWe are currently recruiting an IT Business Process Analyst to join the team in Seawoods, Navi Mumbai on a Full Time, Permanent Basis to support the operations and quality functions.How you’ll spend your daySupport implementation of new solutions, testing, management, troubleshooting, and administration of new and existing systems within...


  • Navi Mumbai, Maharashtra, India Teva Pharmaceuticals Full time

    The opportunityWe are currently recruiting an IT Business Process Analyst to join the team in Seawoods, Navi Mumbai on a Full Time, Permanent Basis to support the operations and quality functions.How you'll spend your daySupport implementation of new solutions, testing, management, troubleshooting, and administration of new and existing systems within...


  • Navi Mumbai, Maharashtra, India Teva Pharmaceuticals Full time

    The opportunity We are currently recruiting an IT Business Process Analyst to join the team in Seawoods, Navi Mumbai on a Full Time, Permanent Basis to support the operations and quality functions. How you'll spend your day Support implementation of new solutions, testing, management, troubleshooting, and administration of new and existing systems...


  • Mumbai, India Hexaconcepts Full time

    Client:A strong player in the financial risk management arena, and related spheres of regulatory compliance and strategy among others. They offer comprehensive analytical solutions for clients in banking, insurance and other financial services. They are based out of Mumbai working with clients around the globePosition:Business Analyst- Credit Risk Management...