Senior Team Lead

10 hours ago

Palakkad, Kerala, India beBeeSeniorTeamLead Full time ₹ 2,80,00,000 - ₹ 4,20,00,000

Job Title: Senior Team Lead

We are seeking a highly skilled professional to lead our team in delivering high-quality results. The successful candidate will have experience in actuarial modeling and excellent technical knowledge of US STAT/GAAP regulations.

About the Role:

  • Lead and deliver various quarterly model changes, including Assumption Updates and New business setup.
  • Perform independent testing and impact quantification and justification.
  • Review work done by junior members, ensuring quality of work product during time-sensitive deadlines.
  • Maintain strong stakeholder/client relationships.
  • Primary touchpoint for Testing, Valuation and Risk Management teams for support on business and model-related queries.

Requirements:

  • Bachelor's degree in actuarial science/Math/Stats/Engineering/Computer or equivalent quantitative discipline.
  • Total 8-10 years of experience in US life insurance with minimum 4-6 years of life/Annuity actuarial modeling in Moody's AXIS.
  • 8-10 actuarial papers - ideal requirement.

Key Responsibilities:

  • Develop and implement effective strategies to improve process efficiency and quality.
  • Collaborate with cross-functional teams to drive business growth and achieve objectives.
  • Foster a culture of innovation and continuous learning within the team.
  • Provide guidance and mentorship to junior members to enhance their skills and knowledge.

Skills and Qualifications:

  • Good knowledge of US Life insurance and specifically Variable Annuity products.
  • Excellent technical knowledge of US STAT/GAAP regulations (PBR, NY DFS Reg 213, LDTI DAC).
  • Expertise in Actuarial modeling - Moody's AXIS (such as handling scenarios, Formula tables, application of overrides, awareness of significant switches in reserving assumption sets).
  • Understanding of calculation of AXIS cashflows and reserves on a first principle basis.
  • Excellent coding and troubleshooting skills in GGY AXIS modelling software.
  • 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.
  • Strong analytical ability and ability to drive various process and analytical improvement initiatives within the team.
  • Excellent communication, execution and people management skills.

Working Arrangements:

  • This is a full-time position based in [location].
  • The role requires frequent travel to client sites and internal meetings.
  • The successful candidate will be required to work flexible hours to meet deadlines and business needs.

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