Actuarial Risk Modelling Analyst

6 days ago


Mumbai, Maharashtra, India M&G Full time

Job Title: Actuarial Risk Modelling Analyst

Job Summary: We are seeking an Actuarial Risk Modelling Analyst to join our team in Mumbai. The successful candidate will be responsible for supporting the risk modelling team in setting out a description of the model, methodology, and proposed calibration assumptions for corporate credit spread, fundamental spread, and counterparty default for the purpose of M&G plc's Solvency II reporting.

Key Responsibilities:

  • Support in annual calibration, working through data analysis, expert judgements, and updating documents
  • Develop, calibrate, and implement new or enhanced risk models to be used in the Solvency II regime
  • Support the team in developing and enhancing the calibration models used within M&G
  • Gain knowledge of internal capital model and risk modelling framework

Requirements:

  • 1-2 years of relevant Actuarial experience
  • Past experience of working on risk calibration is an added advantage
  • A student member of Institute of Faculty of Actuaries and/or Indian Institute of Actuaries with at least 3-4 exams

M&G Behaviours:

  • Embrace Change: Be open to change, willing to be challenged, and able to adapt quickly and imaginatively to new ideas
  • Deliver Results: Focus on performance, set high standards, and deliver with energy and determination
  • Keep it Simple: Cut through complexity, keep the outcome in mind, and adapt your message to every audience


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