- Supporting the team for Reporting of Embedded Value.
- Supporting the team in performing the Analysis of Movement of Embedded Value.
- Develop and optimizing the Embedded Value reporting templates.
- Performing the User Acceptance Test of the Prophet model to be used for reporting.
- 2/3 actuarial papers cleared (CM1 Mandatory)
- Strong MS Excel
- Candidate must be Mumbai based
Responsibilities : Supporting the team for Reporting of Embedded Value. Supporting the team in performing the Analysis of Movement of Embedded Value. Develop and optimizing the Embedded Value reportin...
- Assist in Health Product Pricing including:
- Premium, Feature & Loss Ratio Benchmarking
- Deriving Assumptions
- Building Models
- Draft Technical Notes
- Addressing Regulatory Queries
- Assist in developing Reserving Framework, including building Models
- Assist in developing Capital Modeling & ALM Framework, including building Models
- Graduate or Post-Graduate in Statistics, Mathematics, Commerce or Actuarial Science
- More than 2 Actuarial exam passes from Institute of Actuaries of India and/or Institute and Faculty of Actuaries
- Prior working experience with R, Python, VBA, Power BI etc will be added advantage
Responsibility : Assist in Health Product Pricing including: Premium, Feature & Loss Ratio Benchmarking Deriving Assumptions Building Models Draft Technical Notes Addressing Regulatory Queries Ass...
- 4 actuarial papers
- CM1 mandatory
- knowledge of any coding language being an added advantage.
- Candidate should be a graduate and willing to relocate to Mumbai.
Requirements : 4 actuarial papers CM1 mandatory knowledge of any coding language being an added advantage. Candidate should be a graduate and willing to relocate to Mumbai.
- Develop and maintain pricing models for general insurance products.
- Analyze data and assist in risk assessment for pricing Strategies.
- Collaborate with teams to ensure accurate and competitive pricing.
- 1-6 years of experience in general insurance pricing.
- Strong analytical skills and proficiency in actuarial tools (Excel, R, SAS).
- Minimum 1 paper clear.
Responsibilities: Develop and maintain pricing models for general insurance products. Analyze data and assist in risk assessment for pricing Strategies. Collaborate with teams to ensure accurate and c...
- Prepare and review valuation reports according to the LDTI reporting.
- Provide accurate and timely financial reports to management and stakeholders.
- Aid in implementing internal controls procedures to ensure accurate financial reporting.
- Ensure the maintenance of documentation for each process and audit requirements including data, models, assumptions and analysis to support the delivery of high-quality financial results and analysis
- Should have experience analyzing cash flows in prophet models, or a similar Actuarial software and reconciling with XL models.
Responsibilities : Prepare and review valuation reports according to the LDTI reporting. Provide accurate and timely financial reports to management and stakeholders. Aid in implementing internal cont...
- Working on annual quarterly Reserve review process
- Working on annual quarterly Actuals vs Expected (AvE) reports
- Contributing to the improvement, creation and/or implementation of processes to expand capabilities, improve efficiency and enhance effectiveness
- Working on large claims adjustment to support the reserve review and AvE process
- Improving/updating new and existing quarterly and annual process
- 0-2 years of Actuarial experience
- Good actuarial exam progress in general Insurance and preferably SP7 & SP8 in IFoA/IAI
- Prefer reserve review and reserve risk experience in general Insurance
- Solid understanding of Microsoft Excel and SQL
- Working knowledge of Word, VBA, other MS Office applications
Responsibilities : Working on annual quarterly Reserve review process Working on annual quarterly Actuals vs Expected (AvE) reports Contributing to the improvement, creation and/or implementation of p...
- Graduate
- 2-3 papers cleared
- Minimum 5 Actuarial exams cleared.
- 2-4 years of experience in non-life reserving
Requirements : Freshers – Graduate 2-3 papers cleared Experienced – Minimum 5 Actuarial exams cleared. 2-4 years of experience in non-life reserving
- Freshers & experience
- Graduation compulsory
- 3 papers cleared
Requirements : Freshers & experience Graduation compulsory 3 papers cleared
- Cleared at least 3 Actuarial papers.
- Graduate or in the final year of studies.
Requirements : Cleared at least 3 Actuarial papers. Graduate or in the final year of studies.
- Opportunity to work across risk functions like market risk for the banking and financial industry, and monitoring of investment fund performance using automation.
- Opportunity to work across risk functions like ALM, treasury, ICAAP, ERM, credit risk and market risk for the banking and financial industry.
- Demonstrate functional understanding and interface with clientele during engagements.
- Ability to analyze functional areas of a business and derive underlying risks for the business area
- Ability to understand applications of time series and stochastic modelling in the BFSI sector.
- Construct relevant risk models and validation work papers as per the engagement requirement.
- 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 projects.
- Graduate
- 3-4 actuarial exams cleared
- Application experience preferable: MS Excel, VBA, Python, R
- 0-2 years of experience
Responsibilities : Opportunity to work across risk functions like market risk for the banking and financial industry, and monitoring of investment fund performance using automation. Opportunity to wor...
- Calculation of monthly statutory reserve.
- Setting product and Maintenance of Model in Prophet.
- Preparation of regulatory reports.
- Checking and validation of data
- Maintain and enhance of DCS coding.
- Performing experience analysis (e.g. mortality, persistency etc.)
- Coordination across various departments
- Responsible for pricing and filling the product to IRDAI
- Developing pricing models and determining premium rates
- Filing of new products or modification of existing products with IRDAI
- Risk analysis of all factors: sensitivity (interest rate, mortality, expenses), strain & break- even analysis
- Replying to queries from IRDA, Product Development team, IT and other teams.
- Managing needs of different departments including valuation, Operation, IT, Legal etc.
- Performing UAT
- Graduate
- Minimum 2 papers cleared
Responsibilities : Calculation of monthly statutory reserve. Setting product and Maintenance of Model in Prophet. Preparation of regulatory reports. Checking and validation of data Maintain and enhanc...
- Perform monthly valuation work to comply with Indian Statutory requirements
- Testing and performing validations on new Prophet models constructed
- Perform monthly reinsurance workings
- Perform the workings of experience analysis
- Update the documentation for this based on the experience analysis and other analysis performed
- Perform any project-like activity as may emerge from time to time
- Data Analysis and review of inputs received from Data Administration team
- 4-5 papers cleared
- Graduation compulsory
Responsibilities : Perform monthly valuation work to comply with Indian Statutory requirements Testing and performing validations on new Prophet models constructed Perform monthly reinsurance workings...
- 1-2 years of health insurance experience (for experienced vacancy)
- Graduated Freshers with 2 papers cleared
Requirements : 1-2 years of health insurance experience (for experienced vacancy) Graduated Freshers with 2 papers cleared
KINDLY DO NOT APPLY IF YOU DO NOT HAVE ACTUARIAL EXPERIENCE IN LIFE INDUSTRY. Need 10 actuaries with 2-4 years experience and 10 actuaries with 4-6 year experience. What we expect from you 1. You may ...
- 1-2 papers should be cleared.
- Graduation compulsory.
Requirements : 1-2 papers should be cleared. Graduation compulsory.