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[15h Left] Actuarial Associate

[15h Left] Actuarial Associate

AciesIndia
6 hours ago
Job description

Highlight of the engagement opportunity

  • Nature of role : Full time
  • Number of years of experience expected : 0-2+ years
  • Areas of past experience preferred : Quantitative modelling, ERM, Risk modelling & management, time series modelling, regression analysis, quantitative analysis and actuarial modelling
  • Educational qualification expected : Pursuing graduation / Graduate / Postgraduate
  • Additional qualifications / certifications required : None
  • Minimum actuarial papers : 3-8 actuarial exams cleared / Actuary certifications / degrees
  • Preferred geography of previous work experience : India / Europe / APAC / US
  • Language requirements : Ability to write and speak fluently in English
  • Application experience preferable : MS Excel, Python, C++, MSSQL

Key responsibility areas :

  • Develop end to end functionalities for modelling macro-economic factors and market prices like Interest rate, Credit Spread, FX, Commodities and Volatility.
  • Adhere to development standards and protocols mandated by product organization.
  • Drive the day-to-day execution of assigned client projects.
  • Staying informed of latest developments in web applications and programming languages.
  • Opportunity to work across risk functions like market risk for the banking and financial industry, and monitoring of investment fund performance using automation
  • Develop stress testing models for financial risks
  • Design and build solutions on Basel Pillar I and Pillar II modelling on proprietary platform
  • Configure Pillar III disclosure reports for ICAAP and Risk appetite reporting
  • Demonstrate functional understanding and interface with clientele during engagements.
  • Conduct training sessions for end-users on the use of the Application and provide comprehensive documentation for ongoing reference.
  • Perform financial analysis and risk modelling using analytical tools like python.
  • Ability to analyze functional areas of a business and derive underlying risks for the business area
  • Construct model documents to concisely communicate model methodology, assumptions and results along with governance and mitigations for the risk area.
  • Participate in peer-review sessions for constructed risk models.
  • Effectively communicate results and conclusions using PowerPoint.
  • Clear communication skills to drive day to day client management and highlight key project risk areas to the team.
  • Lead and drive day-to-day execution of assigned client project streams.

    • Other important information :

  • Work permit requirements : Either Indian Citizen or having valid work permit to work in India
  • Period of engagement : Full-time position
  • Probation period : 6 months
  • Compensation : Compensation varies depending on the skill, fitment and role played by the person. Compensation discussions will take place post the selection process.
  • Leave : 22 working days a year. Additional leaves for national holidays, sick leaves, maternity and paternity, bereavement and studies vary based on the city and country of engagement.
  • Other benefits : Other employment benefits including medical insurance will be informed during the compensation discussion.
  • Career growth for full-time roles : Acies believes in a transparent and data-based performance evaluation system. You are encouraged to clarify any questions you have with respect to career growth with Acies personnel you interact with during the selection process.

    • Selection process :

    We seek to be transparent during the selection process. While the actual process may vary from the process indicated below, the key steps involved are as follows :

  • Interview : There are expected to be at least 2-3 rounds of interviews. The number of interview rounds may increase depending on the criticality and seniority of the role involved.
  • Final discussion on career and compensation : Post final selection, a separate discussion will be set up to discuss compensation and career growth. You are encouraged to seek any clarifications you have during this discussion.

    • Preparation required :

    It is recommended that you prepare on the following aspects before the selection process :

  • Demonstrate knowledge of Banking risks and quantification
  • Demonstrate knowledge of Basel accords on Banking risk management
  • Demonstrate proficiency in financial instrument valuation and risk assessment
  • Demonstrate proficiency in statistical, econometrics and time series analysis
  • Demonstrate proficiency in analytical coding languages like Python
  • Understanding of products / exposures in the financial services industry (Banks / NBFC / Insurance)
  • Requirements of Basel III, FRTB and ALM regulations for Banks.
  • Knowledge requirements on various risk quantification models such as Linear regression and VaR
  • Basic knowledge on a financial institution’s credit process, ALM process and treasury process to be able to effectively understand the risk areas for them.
  • Financial statement analysis, balance sheet ratios
  • Knowledge and understanding about capital adequacy, stress testing, behavioural modelling etc.

    • For any additional queries you may have, you can send a LinkedIn InMail to us, connect with us at https : / / www.acies.consulting / contact-us.php or e-mail us at careers@acies.consulting.

    How to reach us :

    Should you wish to apply for this job, please reach out to us directly through LinkedIn or apply on our website career page - https : / / www.acies.consulting / careers-apply.html

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    15H Left Associate • India