Looking For Manager/Senior Manager Actuarial

5 days ago

Mumbai, Maharashtra, India Reliance General Insurance (RGI) Full time ₹ 12,00,000 - ₹ 36,00,000 per year

Role & responsibilities -

  • IFRS 17 Implementation:
  • Lead data preparation and integration for IFRS 17 compliance
  • Interpret the IFRS 17 standard and propose methodology to implement the standards ensuring robust, transparent and compliant approaches to financial reporting

  • Design actuarial models and reporting tools tailored to IFRS 17

  • Collaborate with cross-functional teams including finance, IT and reinsurance, etc. to ensure seamless integration

  • Identify opportunities to improve and automate actuarial processes and enhancing analytical workflows

  • Undertake complex, analytical projects that address specific needs of the team. Utilise actuarial analytics to apply advanced techniques and provide actionable insights and recommendations
  • Develop and refine pricing models for insurance products considering market conditions, competition, and regulatory requirements
  • Should remain up-to-date with industry trends, regulatory changes, and emerging risks

Preferred candidate profile -

  • The candidate is having an experience of 4 6 years in GI company or GI consulting preferably in reserving and/or IFRS 17.
  • The role involves regular interaction with the senior departmental colleagues as well as with the top management
  • The candidate has preferably progressed well with Actuarial Examinations and is well focused on the route to qualification
  • The candidate should have strong analytical skills with the ability to handle complex data and provide strategic insights
  • A proactive approach to process improvement and automation with a passion for leveraging technology
  • Knowledge of VBA, SAS and Python would be an added advantage
  • Focused on timelines and ability to plan suitably in achieving the project milestones given the timelines and resources.

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