Manager/Senior Manager - Actuarial - ERM - Life Insurance

Our client is a leading life insurance company based at Mumbai.

Designation: Manager/Senior Manager

Responsibilities:

- Identifying risks for new products and developing strategies to mitigate those risks

Asset Liability Management (ALM).

- Hedging of interest rate and other market risks using derivative instruments

- Regular reporting of mortality, persistency and expense risks.

- Development / Re-calibration of predictive model for demographic risk (such as mortality risk, early claims propensity model etc.).

- Resilience testing and economic capital working for risk Committee.

- Preparing presentation & report for risk Committee.

Key Additional Skills:

- Better understanding of different product structures and underlying risks.

- Exposure to multiple areas of work including prophet modeling, financial risk, embedded value, business planning, pricing, statutory reporting etc.

- Ability to analyze the output and explain the results to the management.

Education/Experience:

- Graduate/Post graduate with at least 2 years of experience.

- At least 6 actuarial papers cleared(as per old curriculum).

- Experience in core life insurance would be preferred.