Actuarial Senior Manager | Valuation

💰 ₹50,400 - ₹80,640 (Est.) 📍 Pune

Job Description

• Leading Life Insurance Brand|Growth Opportunity in Actuarial Space

About Our Client
• Leading Life Insurance Brand
• Work with industry leaders in actuarial space
Job Description

Liability calculations
• Responsible for monthly liability calculations
• Check monthly liability calculations to be submitted to the Finance team
• Identify actuarial reasons for liability movement and present to finance team, CFO and AA monthly

Reporting
• Support preparation and review of annual reports- Appointed Actuary Annual Report, Annual Actuarial Report,
• Financial Condition Report and validating all calculations
• Support the annual valuation peer review conducted by an independent actuary, and submitted to the regulator
• Validate the quarterly specialized reinsurance report prepared by the team
• Respond to queries and data requests from the regulator

Experience Analysis and Assumption Setting
• Assist in analyzing the results of experience studies and finalize the assumptions
• Develop models for experience analysis from time to time.
• Document the key results and present to management.

IFRS17
• Develop a knowledge of IFRS17
• Assist in implementing IFRS17
• Liaise with the modeling team and finance team for IFRS17 implementation

The Successful Applicant
• Good Communication skills
• Well-versed with actuarial cash flows for all lines of businesses
• Good operating knowledge of Prophet software
• Proficient in Excel
• At least 8 actuarial exams cleared
• Minimum of 7-+ years of relevant working experience in the Actuarial domain, preferably in reporting or valuation however other experience can be considered.
• Prophet experience required
• IFRS17 experience preferred, but not compulsory
What's on Offer
• Work with industry leaders in actuarial space
• Opportunity to work on IFRS 17 space
• Industry leader in life insurance space

Contact: Sanchari Hanra

Quote job ref: JN-0620XXXXXX

💡 Quick Summary

Seeking a career-building opportunity? The Actuarial Senior Manager | Valuation position is now open for candidates interested in the MIS Executive sector. This role in Pune offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in MIS Executive is a plus.

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Job Details

Company Name: Michael Page

Frequently Asked Questions

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The expected salary for Actuarial Senior Manager | Valuation in Pune is ₹50,400 - ₹80,640 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Actuarial Senior Manager | Valuation is an on-site position based in Pune. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Actuarial Senior Manager | Valuation. Previous experience in MIS Executive is a plus. Freshers may also apply depending on the employer's requirements.
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