Senior Manager/Chief Manager/AVP - Valuation/Actuarial - Life Insurance

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

Role: Senior Manager/Chief Manager/AVP-Valuation

Responsibilities:

- Timely submission, detailed checking and analysis of reserves movement every month, including explanation of reserves difference from projection.

- Timely submission, detailed checking and analysis of solvency ratio movement every month.

- Presenting the analysis to Appointed Actuary and other senior management team.

- Overview of Prophet model changes UAT done by the team.

- Helping team in building conceptual clarity.

- Preparation of annual IRDAI submission - ARA, AAAR, Form and other submissions.

- Coordinating with auditors and peer reviewer during the annual year end reporting review.

- Resilience testing of solvency position for both Board and IRDAI reporting.

- With Profit Committee reporting - Detailed analysis of bonus supportability for Annual Participating Bonus declaration exercise. Preparation of With Profit committee report.

Education and Experience:

- Work experience of at least 6 years, and should have cleared at least 11-12 exams.

- Worked in Indian Life Insurance company - preference to reporting team.

Other skills:

- Good communication skills.

- Team player.

- Good knowledge of Prophet and DCS.