Life Actuarial Avp

2 weeks ago

Gurgaon, India HuQuo Consulting Full time

**Roles and Responsibilities**

Minimum 7 years’ of actuarial experience in life insurance.
- Should be an Associate/Fellow of IFoA, SoA or IAI.
- Experience of working in international markets such as US, UK is preferred. Good working knowledge of
- PBR, LDTI, IFRS17, Solvency II is mandatory.
- Must have exposure in actuarial modeling, model testing & validation.
- Must have exposure to at-lest one actuarial software such as MG-Alfa, GGY Axis, Prophet. Experience in
- Python, R, Matlab is desirable but not mandatory.
- Advanced life insurance and actuarial knowledge, strong technical, analytical, problem solving and
- interpersonal skills, effective communicator to superiors, peers and subordinate, good command of
- theEnglish language, demonstrated leadership qualities.
- Must contribution towards new business development such as assessing pain areas for our clients,
- generating solutions for clients
- Assist in learning and development of team members
- Identify and participate in continuous improvement initiatives
- Ensure compliance with Data Privacy and Protection Guidelines
- Key Responsibilities:

- Complete understanding of the current state of affairs and problem statement
- Interacting with clients on regular basis, understanding their requirements and
- transforming that into business framework and providing actuarial solutions
- Manage a team of 15-20 actuaries and data scientist.
- Initiate and lead process transformation/automation initiative.
- Provide coaching to team on build actuarial models for annuities, retirement, term product etc.
- Provide coaching to team on build testware, challenger model and perform UAT testing, Unit testing,
- regression testing etc. for Actuarial model testing & validation.
- Excellent written and verbal communication skills
Bachelor’s/Master's degree in economics, mathematics, actuarial sciences.
- Affiliation to IAI, SoA or IFOA. Preferably qualified or an associate actuary.
- At least 7+ years’ experience, with good understanding of Life products - pricing, modeling, Model testing
- and valuation
- Exposure to US life insurance market is preferable.
- Experience of working in international markets such as US, UK is preferred. Good working knowledge of
- PBR, LDTI, IFRS17, Solvency II is mandatory.
- Must have exposure in actuarial modeling, model testing & validation.
- Must have exposure to at-lest one of the actuarial software such as MG-Alfa, GGY Axis, Prophet.
- Experience in Python, R, Matlab is desirable but not mandatory.
- Strong ability to learn technical and business knowledge
- Superior analytical and problem solving skills
- Outstanding written and verbal communication skills
- Able to work in fast pace continuously evolving environment and ready to take up uphill challenges
- Is able to understand cross cultural differences and can work with clients across the globe
- Role:_Operations Support - Other
- Salary:_ Not Disclosed by Recruiter
- Industry:_Analytics / KPO / Research
- Functional Area:_Customer Success, Service & Operations
- Role Category:_Operations Support
- Employment Type:_Full Time, Permanent
- Key Skills
- Life InsuranceActuarial

Education
- UG:_Graduation Not Required
- PG:_Post Graduation Not Required
- Doctorate:_Doctorate Not Required

**Company Profile**:
HuQuo Consulting Pvt. Ltd.
- Huquo

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