Group Manager - Actuarial - Life Insurance

Location : Chennai

Experience : 7+ years experience only from Life Insurance Company's actuarial department

Job description :

- Validating client requirements and conceptualizing solutions to meet these requirements.

- Independently engaging with stakeholders on development requirements and validation of modeling solution.

- Modelling the requirements while ensuring design and build follow best practice modelling guidelines.

- Training junior members on process responsibilities and on modeling platform specific capabilities.

- Driving system testing activities and conducting walkthroughs of results analyses to stakeholders.

- Communicating progress on activities to relevant stakeholders and delivery managers

- Preparing complete documentation and audit packs supporting developments and overall model releases.

- Managing junior resources towards fulfilling process deliverables.

- Ensuring process activities are consistent with defined process manuals and updating procedural manuals when necessary.

Performance indicators :

- Quality of design, developments and other process deliverables evidenced by feedback from client stakeholders and reviews from supervisors responsible for respective activities.

- Demonstration of the values espoused by client

Job skills/experience requirements :

- 7+ actuarial exams from Institute of Actuaries of India/Faculty & Institute of Actuaries, UK/Society of Actuaries/Institute of Actuaries of Australia. paper passes or exemptions in CT1 and CT5.

- Ability to relate to actuarial concepts from CT2, CT3, CT4, CA2 and ST2

- Good verbal and written communication skills

- Advanced modeling skills in Prophet with ability to relate requirements to techniques like Rebasing, Calculation Looping etc. when needed. Similar proficiency in other platforms can also be considered.

- Work Experience in Prophet, MS Access, MS Excel with VBA coding, SAS/programming skills