DVP & Chief Actuarial Manager

Primary Responsibilities :

• Motor TP modelling and reserving  : create robust predictive models using Motor TP data to guide sourcing strategy and provide reserving insights at a segmented level.
• Pricing and product development  : collaborate with product management team to price new products / add-ons that achieve the Company s economic goals.
• Risk Based Capital  : assess the Company s solvency position using the prescribed capital framework and be able to communicate key insights to management.
• Regulatory Reporting  : assist with the compilation of regulatory reports like the FCR, IBNR Report, ALM, ECR etc.
• Monitor portfolio performance  : evaluate various diagnostic tools to assess how written business is performing relative to models.
• Partner  with Underwriting, Sales, Finance and Claims functions.

Working Relationships :

Internal :

External :

Competencies :

Key Requirement :

Qualifications

Graduate / Postgraduate.

The candidate should be qualified fellow of the Institute of Actuaries of India.

Skills Required

General Insurance, Excel, sas / sql, Predictive Modelling, Portfolio Management