Assistant Manager

7 days ago

Gurgaon, India Agam Capital Full time

Assistant Manager - Actuarial

Job Location: Gurgaon

Company: Agam Capital

Requirements:

  • US Life and Retirement Products exposure. Experience on Annuity products such as FIA and MYGA preferred. 
  • Steady exam progress with a clear path to attaining fellowship from IAI, IFOA or SOA. 
  • At least 5+ years of insurance experience related to pricing, valuation, risk management, model development, model validation, cashflow testing, ALM. 
  • Experience with actuarial projection or valuation software preferred. Should be well versed with MS Excel and ideally proficient at any programming language such as Python.
  • Strong analytical skills and ability to adopt a creative approach to solving complex process problems. 
  • Ability to manage multiple work assignments and meet time commitments. 
  • Strong oral and written communication skills.

Responsibilities:

  • Play a crucial role in the ongoing valuation requirements of large reinsurance blocks of business.
  • Support key strategic initiatives associated with the ongoing running and monitoring these blocks such as experience analysis, periodic audits etc.
  • Display ability to work across teams and collaborate to make ongoing processes more robust and efficient.
  • Proactively look for areas within the valuation process to remove redundancies and bring in automation to reduce runtimes and eliminate the possibility of human errors.
  • Communicate actuarial results to different internal and external stakeholders.

The Organization:

Agam Capital was founded in 2016. The vision is based on the development of an independent model built from first principles enabling The Company to identify solutions to optimize insurer's balance sheets. Technology lies at the core of this approach with the differentiated pALM (proprietary Asset-Liability Model) platform powering the analytical process.

Agam has a well-established analytical process across the entire suite of life and retirement products. pALM, our highly scalable proprietary technology platform. Applies machine learning, predictive analytics, and cloud computing to evaluate and assess complex insurance liabilities. The Company’s consulting and advisory services are tailored to meet unique needs of each client. The Company specializes in identifying multi-dimensioned approaches towards capital and balance sheet optimization

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