Actuarial Professional

4 days ago


Mumbai, Maharashtra, India Kotak Life Insurance Full time

Kotak Life Insurance is seeking an experienced actuary to join its team. As a key member of the Actuarial ERM team, you will be responsible for evaluating mortality experience and persistency rates for individual and group business.

The ideal candidate will have 3-5 years of experience in the actuarial team of a life insurer and successful completion of 5-9 actuarial exams from either the Institute and Faculty of Actuaries (IFoA) or the Institute of Actuaries of India (IAI).

You will work closely with the Valuation and Shareholder Reporting teams to establish actuarial assumptions for mortality, lapse, surrender, and paid-up experience.

In this role, you will also be responsible for preparing the Enterprise Risk Management Committee deck highlighting key risks faced by Kotak Life and drafting Chapter 3 (Analysis of Experience) for the Appointed Actuary's Annual Report.

Additionally, you will prepare the Report on Persistency to be sent to IRDA.



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