We are having excellent opportunity for the position of Actuarial with one of the leading UK based Co. for Mumbai location
Skill: Actuarial
Location: Mumbai
Role: Analyst / Assistant Manager / Deputy Manager
Work Experience: 1.00 yrs to 10.00 yrs
RESPONSIBILITIES AND ACCOUNTABILITY:
- Being able to properly assimilate the information provided by the Lead Auditor from the Planning phase of the audit
- Should be able to understand the business background of the area being audited; and their role in the audit assignment
- It may be necessary from time to time, for the Auditor to assist the Lead Auditor and Audit Manager in conducting the planning phase of the audit
- Document the key processes and associated controls being examined in the audit. This will involve the use of flowcharts where necessary
- The Auditor should assist the Lead Auditor in completing a control and risk assessment matrix following their documentation of the systems and processes being reviewed and preparation of a test programme
- The Auditor should test that the controls identified in the risk assessment exercise are operating effectively in accordance with the test programme
- Address any review points raised by the Lead Auditor/ Manager and QA team
- Support the lead auditor in drafting audit conclusions based on control and risk evaluation and associated testing. Practical recommendations for any remedial action should be made
- Populate Teammate with planning, fieldwork and reporting material
- Assist the Lead Auditor and Audit Manager in discussing and finalising the findings and actions with the management responsible for the activities being audited
- Document Issue Assurance work papers on Team Central
- Promote GwIA and the service it provides by building strong and effective working relationships with business colleague, other IA staff and external auditors
- Adhere to the various policies, procedures, guidelines, including timely completion of various activities such as mandatory CBTs, time sheets, expense statements, leave requests, etc.
- Work with minimum supervision
- Maintain domain expertise
- Willingness to travel for extended periods of time
EXPERIENCE:
- Relevant actuarial work experience based on Life, General, Pensions or Health
- Should have cleared a minimum 8 actuarial papers
- Should have worked on a variety of actuarial processes during his/her tenure (for e.g. Pricing, valuation, product support, etc.)
- Good understanding and knowledge of Actuarial modelling techniques
- Good understanding and knowledge of actuarial tools, techniques and procedures (including control frameworks for actuarial processes)
- Ability to interpret simple and complex actuarial formula
- Awareness of reporting and regulatory requirements relevant to Prudential Group (At least one of Solvency 2, Embedded Value, Statutory and Realistic Reporting)
- Knowledge of Actuarial processes and standards
- Understanding of actuarial risks and control frameworks
- Preferred exposure of interaction with UK management
- Ability to gather, summarise, and examine data or information and identify implications of findings
- Flexible approach to responsibilities, working hours and travel to the UK
- Good time management, interpersonal & communication skills
- Proficient with MS Office applications
Mrs. Hemangi
Avenues Consulting
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