Manager - Actuarial Services

☞ Max life insurance

看过: 103

更新日: 06-05-2024

位置: Haryana

类别: 保险

行业: Insurance

薪水: ₹12,00,000 - ₹18,00,000 a year

Loading ...

工作内容

    ActuarialHaryana
    Required Experience
    5 - 7 Years
    Posted On
    21 Jun 2021

Basic Section
No. Of Openings
1
Grade
4
Designation
Manager - Actuarial Services

Job Description

Job Description

Position

Manager – Actuarial Services


No. of Positions


1

Department

Corporate Actuarial

Function

ALM, EC & Derivative

Reporting to

Chief Manager – Actuarial Services

Band

4

Location

HO, Gurgaon

Key Responsibilities :

  • Derivative – MaxLife writes and hedges significant amount of interest sensitive product and hence requires resource that can implement/execute the following:

1. Calculation of Notionals for Hedging (using FRA)

2. Preparing required audit trail and documentation surrounding the notional calculations

3. Preparing internal derivative dashboard

4. Support in mechanism to monitor unwind risk

5. Requirement to modify and enhance system to calculate notionals


  • ALM – As part of ALM policy, it is required to monitor and control various financial and demographic risk which is reported internally and to the regulator and hence requires resource that can implement/execute the following:

1. Monitor Cash flow position and identify opportunities that optimizes risk and return.

2. Set up and implement required risk monitoring tools

3. Manage and conclude on various task and issues that may arise in various ALM forum

4. Calculate Economic Capital and suggest mitigation methods to reduce various risk capital required.

5. Timely and accurate submission of regulatory reports


Measure of Success :


1. Meeting the TAT defined

2. Accuracy of numbers

3. Insights provided

4. Customer value enhancement


Skills :


1. Preferred knowledge of DCS, ACL and Prophet software

2. Good knowledge of Life Insurance Business

3. Strong analytical, Communication and Documentation skills.


Primary Interactions:-

1) External –Finance,Investment Team, Risk Team, IT

2) Internal – Pricing, business planning, valuation and experience teams

Essential qualifications and experience :

Qualification - must have

Graduate/post graduate with at least 4 actuarial exams. CT5 Mandatory

Experience

5-7 years of actuarial experience

Knowledge and skills required :

1. Technical actuarial knowledge

2. Excel, word, DCS, ACL and prophet knowledge

3. The candidate should actively participate in the assigned work

4. The candidate should be able to add value to the project and help arrive at useful and meaningful results

Loading ...
Loading ...

最后期限: 20-06-2024

点击免费申请候选人

申请

报告工作
Loading ...
Loading ...

相同的工作

Loading ...
Loading ...