Chief Actuarial Officer

3 days ago

Anantapur, Andhra Pradesh, India beBeeActuary Full time US$ 1,30,000 - US$ 1,70,000

Key Responsibilities:

  • We deliver quarterly model changes, encompassing Assumption Updates, New business setup, and enhancing model efficiency.
  • I perform independent testing and impact quantification with detailed documentation and communication regarding model changes to wider teams.
  • I review the work done by junior members, ensuring quality of work product during time-sensitive deadlines.
  • I maintain strong stakeholder/client relationships as the primary touchpoint for Testing, Valuation and Risk Management teams for support on business and model-related queries.

Qualifications:

  • A bachelor's degree in actuarial science, math, stats, engineering, computer or equivalent quantitative discipline is required.
  • Total 8-10 years of experience in US life insurance with minimum 4-6 years of life/Annuity actuarial modeling in Moody's AXIS is preferred.
  • 8-10 actuarial papers are ideal.

Requirements:

  • Good knowledge of US Life insurance and specifically Variable Annuity products (Fixed Indexed Annuity, Guaranteed Minimum Income/Death/Withdrawal benefits, Indexed Linked Annuities, Group Annuities, Payouts) is necessary.
  • Excellent technical knowledge of US STAT/GAAP regulations (PBR, NY DFS Reg 213, LDTI DAC) is required.
  • Expertise in Actuarial modeling - Moody's AXIS (such as handling scenarios, Formula tables, application of overrides, awareness of significant switches in reserving assumption sets) is expected.
  • Understanding of calculation of AXIS cashflows and reserves on a first-principle basis is needed.
  • Excellent coding and troubleshooting skills in GGY AXIS modelling software are required.
  • Knowledge of Hedging, Asset Liability modelling and derivatives in Moody's AXIS is an added skillset.
  • Good working knowledge of the relevant actuarial concepts and methodologies is necessary.
  • Strong analytical ability and ability to drive various process and analytical improvement initiatives within the team is required.
  • Excellent communication, execution and people management skills are necessary.
About Us

We strive to provide a challenging environment that fosters growth and development.

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