DVP - Acturial (ALM, Valuation & Reporting)Generali Central Life Insurance • India
No longer accepting applications
DVP - Acturial (ALM, Valuation & Reporting)
Generali Central Life Insurance • India
14 hours ago
Job descriptionPerform quarterly ALM to monitor duration gap, cash flow gap; assess exposure to interest rate risk, reinvestment risks and liquidity risk. Engage with Finance / Investment teams to align asset strategies with liability profiles Perform scenario and stress testing for regulatory ALM reporting as part of AAAR Prepare quarterly ALM Report to GARO, ensuring timely and accurate submission Evaluate business plan ALM metrics – duration gap and cash flow gap Support Investment team on preliminary SAA and Final SAA submissions to GHO Addressing queries raised by GARO, GHO, regulator Support in ad hoc reports as and when required by GARO / GHO Perform quarterly and annual year end regulatory reporting on experience analysis – persistency, mortality, etc. Conduct detailed experience studies for persistency, including lapse and surrender across product lines, channels, cohorts, and durations and drive the persistency along with Channel heads Carry out mortality studies by comparing actual vs expected mortality experience across different segments, products, channel, etc. Identify emerging trends and provide actuarial insights to relevant stakeholders for assumption setting and pricing Collaborate with Underwriting and Claims team to investigate deviations or shifts in claims experience. Annual review of non-economic & quarterly review of economic actuarial assumptions used for the calculation of various reporting Supporting shareholder reporting team on setting assumptions for Embedded Value and Business Plan on an annual basis Prepare risk management sub committee deck for actuarial function highlighting the persistency and mortality trends Highlighting the trends in monthly persistency to the senior management Supporting ad hoc requirements as required by reinsurance / pricing team to onboard a new reinsurer Update the SOP for all the processes on an annual basis or earlier if required Develop and enhance actuarial models used for various reporting such as shareholder, statutory, IFRS17, SII etc. Modelling of newly launched products in Prophet Modelling of Change Request from User’s team in Prophet Upkeep of the Prophet Models. Managing the prophet licensing with FIS Ensure outputs from the team are well Ensure model governance and control frameworks, maintaining documentation, and version management in line with internal SOPs and audit Support provided to junior staff to ensure that they develop both technical and soft skills. Ensure outputs from the team are well understood so that they can be used in the appropriate manner, in particular to ensure that business discussions and decisions take into account their impact. Effective communications of the output to all concerned stakeholders. Ensure controls are in place as required by Internal Compliance, internal audit and Risk Teams / IRDA and foster a culture of compliance. Reduction in timescales for carrying out tasks without compromising on quality. Ensure regulatory guidelines are adhered in all internal processes and submissions to the regulator and other external stakeholders Ensure all activities are carried out in a controlled manner with the necessary documentation thereby ensuring that no high risk points are raised in internal / external audits. Assist in identifying areas of process improvements and carry out the necessary changes, with the objective of improving quality and efficiency in the team.
Job Title - DVP Actuarial
Location - Mumbai (Vikhroli)
Reporting Structure - Reporting to Appointed Actuary
Managerial and functional responsibilities
Functional responsibilities
- Board and Committee papers management
- Addressing queries raised by IRDAI, internal audit, external audit etc.
ALM and FRA Management
Experience Analysis and Assumption Setting
Prophet Modelling
Managerial responsibilities
Operational Effectiveness & Control
Qualifications
Qualified actuary
Experience
9-11 years preferrably in Life Insurance
Create a job alert for this search
Reporting • India
Related jobs
Certified Financial Planner (CFP) – International (Remote, India).Remote (India, supporting Irish clients).CFP (International) qualified, minimum 2 years’ experience in financial planning.Money Max...Show more
AVP – Auto & Actuarial Analytics
TATA AIG General Insurance Company Limited • India
Tata AIG General Insurance Company Limited is a joint venture between Tata Group and American International Group (AIG).Since its set-up in 2001, the Company has grown strongly to emerge as the pre...Show more
Last updated: 8 days ago • Promoted
Assistant Vice president - Private Equity, Mergers & Acquisitions - Tax - Mumbai
Marsh India • India
We are seeking a talented individual to join our.Private Equity, Mergers & Acquisitions.Marsh India Insurance Brokers Pvt Ltd.
This is a hybrid role that has a requirement of working at least three ...Show more
Last updated: 5 hours ago • Promoted • New!
Account Team Lead
IMS Decimal • India
IMS Decimal | Job Description for Senior Executive-Taxation.Reports to : Assistant Vice President.The Financial Controller will oversee all financial and accounting operations, ensuring accuracy, co...Show more
Last updated: 5 hours ago • Promoted • New!
Vp Banking Transformation
Genpact • Jaipur, Republic Of India, IN
A LDT lead is responsible to lead the Transformation & Improvement agenda for the vertical / customers assigned, work closely with COOs and other senior stakeholders, including clients.S / he is accoun...Show more
Last updated: 19 days ago • Promoted
Dvp - Acturial
Generali Central Life Insurance • Republic Of India, IN
Reporting Structure - Reporting to Appointed Actuary.Managerial and functional responsibilities.Board and Committee papers management.
Addressing queries raised by IRDAI, internal audit, external au...Show more
Last updated: 14 hours ago • Promoted • New!
VP Strategy & New Initiatives
Hoora • India
Hoora is seeking an AVP – D2C to lead the end-to-end strategy, growth, and operations of our Direct-to-Consumer vertical.
This role carries full P&L ownership and is responsible for scaling GMV, AOV...Show more
Last updated: 5 hours ago • Promoted • New!
VP Growth & Operations
Hoora • India
Hiring : VP Growth & Operations.Hoora is seeking an AVP – D2C to lead the end-to-end strategy, growth, and operations of our Direct-to-Consumer vertical.
This role carries full P&L ownership and is r...Show more
Last updated: 5 hours ago • Promoted • New!
Sr. VP / VP HR ( CORPORATE )
For one of the biggest apparel manufacturing group • India
Apparel manufacturing group catering to some of the most popular International Fashion Brands globally.S / he will be responsible to calibrate & implement most suitable and appropriate HR policies ( ...Show more
Last updated: 7 days ago • Promoted
DVP - Acturial (ALM, Valuation & Reporting)
Generali Central Life Insurance • India
Reporting Structure - Reporting to Appointed Actuary.Managerial and functional responsibilities.Board and Committee papers management.
Addressing queries raised by IRDAI, internal audit, external au...Show more
Last updated: 5 hours ago • Promoted • New!
AVP / DVP - Corporate Sales - Employee Benefits
TATA AIG General Insurance Company Limited • India
Tata AIG General Insurance Company Limited is a joint venture between Tata Group and American International Group (AIG).Since its set-up in 2001, the Company has grown strongly to emerge as the pre...Show more
Last updated: 5 hours ago • Promoted • New!
Finance Associate
edumerge • India
India’s leading ERP platform for Schools and Colleges.We are scaling fast and need a sharp, hungry finance operator who can own cashflow, collections, billing discipline, vendor payments, and month...Show more
Last updated: 5 hours ago • Promoted • New!
Certified Financial Planner (CFP) – International (Remote, India)
Money Maximising Advisors Limited • India, India
Remote
Last updated: 3 days ago • Promoted
Investor Reporting – Lead Analyst / Team Manager
People Prime Worldwide • India
Job Title : Investor Reporting – Lead Analyst / Team Manager.Private Equity / Hedge Fund – Investor Reporting.Our client is a global leader in alternative investment services, supporting Private Equi...Show more
Last updated: 5 hours ago • Promoted • New!
Corporate Finance Specialist
MISC Group • India
Job Title : Executive Corporate Reporting India (Finance Specialist).Location : Chennai or Mumbai, India (should.We are looking for a detail-oriented and proactive Executive – Corporate Reporting to ...Show more
Last updated: 30+ days ago • Promoted
Private Equity Fund Accounting
The HIRD • India
Immediate joiner to 45 Days Preferred.Candidate must have experience in Private Equity Fund, Hedge Fund, NAV calculation, Waterfall, Capital calls, and Distribution, Hurdle Rates, Footnotes, Fee Ca...Show more
Last updated: 5 hours ago • Promoted • New!
Senior Manager
Lactalis India • India
Description : Manager – Accounts Payable & Accounts Receivable (Shared Services).Department : Finance Shared Services.Reports To : Head – Finance & Accounts.
Location : Lactalis India, Chennai.To lead a...Show more
Last updated: 22 days ago • Promoted
Fixed Income Portfolio Manager
Zetheta Algorithms Private Limited • India
ZeTheta Algorithms Private Limited is a FinTech start-up in India which has been recently set up and is developing innovative AI tools.
We are seeking a talented and motivated student intern for Fix...Show more
Last updated: 30+ days ago • Promoted
VP of Actuarial Modeling
Generali Central Life Insurance • Republic Of India, IN
Reporting Structure - Reporting to Appointed Actuary.Managerial and functional responsibilities.Board and Committee papers management.
Addressing queries raised by IRDAI, internal audit, external au...Show more
Last updated: 9 hours ago • Promoted • New!