Manager- Actuarial

3 days ago

Gurgaon, Haryana, India Pramerica Life Insurance Full time ₹ 15,00,000 - ₹ 25,00,000 per year

Required candidates with around 4-8 years of working experience preferably in the actuarial modelling function of a life insurance company, having cleared at least 6 actuarial exams. The candidate is expected to support implementation of IFRS17.

Responsibilities

New product assessment, methodology and assumption setting - (cashflow modelling (Linked/Non-linked products).

 Be responsible for daily actuarial working, mainly financial reporting and other actuarial analytic related issues

 Propose and review the new methodology, assumption and model development

 Provide support to Model and Financial Analytics teams, including valuation of new product/methodology/assumptions conversion onto the Prophet system, implementation of new methodology and assumptions and conduct the UAT in accordance with standards

 Engaging and working with internal and external stakeholder to priorities the development of the business requirements and solutions as they relate to the company

 Ensure implementation of business requirements from IFRS17 and solutions are appropriately implemented and tested in function

 Dynamic working exposure - work on project(s) arising basis management requirements from time to time

Qualifications

 A bachelor's degree with minimum 6 actuarial exams

 At least 6+ years of working experience preferably in the prophet modelling or IFRS17 function of a life insurance company.

 Sound knowledge of advanced MS Excel, VBA and R programming

 Knowledge of Actuarial software like Prophet, DCS etc. SAS being an added advantage.

 Conceptual thinker with strong analytical, data management skills, work attitudes to details and ability to manage multiple projects simultaneously

 Good communication and business skills to contribute to business results

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