Actuarial - Irdai Submissions - Life Insurance - 6+ Years - Delhi/ncr

2 weeks ago

Gurgaon Haryana, India Crescendo Global Full time

The Chief Manager - Actuarial Services will lead key actuarial functions including IRDAI submissions business planning projections and reserve management This role involves setting assumptions for valuation managing regulatory reporting and addressing queries from auditors and regulators Strong actuarial expertise problem-solving skills and independence are essential Location - Gurugram Work from Office Your Future Employer - A leading organization in the life insurance industry renowned for its robust corporate actuarial function and strong regulatory and financial reporting practices Responsibilities - Lead quarterly and annual IRDAI submissions ARA AAAR actuarial forms etc Conduct business planning projections including monthly analysis of plan vs actual variances Address and manage queries from Peer Reviewer Statutory Auditor and IRDAI regarding reserve sufficiency and solvency Set economic and expense assumptions for valuation purposes Justify movements in monthly reserves in comparison to the expected movement as per the Business Plan Manage asset share roll-forward on a monthly basis for profitability and reserve management in Participating business Requirements Statutory valuation reporting experience is preferred Progress in actuarial exams Minimum 9-12 papers Proficiency in Prophet MS Excel SQL VBA What is in it for you - Opportunity to work with minimal supervision and lead key actuarial functions Exposure to high-level decision-making and regulatory reporting processes Collaborative work environment with cross-functional interaction Growth potential within the company

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