Actuarial Manager

1 day ago


Gurgaon, Haryana, India Agam Capital Full time ₹ 15,00,000 - ₹ 25,00,000 per year

Job Title
:
Actuarial Manager

Job Location
:
Gurgaon

We are looking for an Actuarial Manager with at least 5 - 7
years experience in Life Insurance Products
.

Requirements:

· US Life Products exposure. Traditional and/or Annuity products.

· On track to becoming an Associate or Fellow.

· 5 - 7 years of life insurance experience related to pricing, valuation, risk management, model development, model validation, cashflow testing, ALM.

· Experience with AXIS or similar actuarial projection or valuation software

· 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:

· Assist in conversion and valuation of various blocks of business

· Assist in model testing and validation exercise post model conversion

· Develop cashflow models for insurance liabilities, investments and derivatives

· Perform experience analysis on insurance blocks

· Prepare income statement and balance sheet for financial model

· Perform movement analysis to monitor and explain the changes in the company's capital position

· Develop new functionalities and enhancements to the model as necessary, including improved efficiencies

· Support new business activities by evaluating capital requirements for potential acquisitions and reinsurance blocks

· Provide ad hoc capital analysis and financial projections to support strategic initiatives as necessary


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