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 businessAssist in model testing and validation exercise post model conversionDevelop cashflow models for insurance liabilities, investments and derivativesPerform experience analysis on insurance blocksPrepare income statement and balance sheet for financial modelPerform movement analysis to monitor and explain the changes in the company’s capital positionDevelop new functionalities and enhancements to the model as necessary, including improved efficienciesSupport new business activities by evaluating capital requirements for potential acquisitions and reinsurance blocksProvide ad hoc capital analysis and financial projections to support strategic initiatives as necessary