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    Manager - Actuarial - Bangalore Urban, India - Navi

    Default job background
    Accounting / Finance
    Description

    About Navi

    Navi is one of the fastest-growing financial services companies in India providing Personal & Home Loans, UPI, Insurance, Mutual Funds, and Gold. Navi's mission is to deliver digital-first financial products that are simple, accessible, and affordable. Drawing on our in-house AI/ML capabilities, technology, and product expertise, Navi is dedicated to building delightful customer experiences.

    Founders: Sachin Bansal & Ankit Agarwal

    Know what makes you a "Navi_ite" :

    1.Perseverance, Passion and Commitment


    • Passionate about Navi's mission and vision


    • Demonstrates dedication, perseverance and high ownership


    • Goes above and beyond by taking on additional responsibilities

    2.Obsession with high quality results


    • Consistently creates value for the customers and stakeholders through high quality outcomes


    • Ensuring excellence in all aspects of work


    • Efficiently manages time, prioritizes tasks, and achieves higher standards

    3.Resilience and Adaptability


    • Adapts quickly to new roles, responsibilities, and changing circumstances, showing resilience and agility

    Key Responsibilities:

    • To work upon various types of health insurance products pricing, preparation of technical notes and working closely with the product and underwriting team on product design and market-research.
    • Design and define key matrix for tracking product performance and generating business insights.
    • Preparation of reports for annual valuations, financial condition reports, asset-liability report, economic capital and other actuarial projects.
    • Coordinate with internal teams for any IRDAI related requirements and queries.
    • To work towards bringing efficiency and maximum automation in various actuarial projects.

    Key Requirements

    • An Associate or nearly qualified Actuary with 5-7 years of experience in reserving or pricing the retail insurance products preferably Health lines of business, with a focus on the Indian Insurance market
    • Experience in working on various regulatory actuarial reports e.g. Annual valuation, FCR, ALM, EC etc.
    • Strong knowledge of Insurance related regulations, actuarial standards of practice, actuarial modeling techniques and various statistical analysis
    • Excellent problem-solving skills with an ability to handle complex actuarial calculations
    • Strong communication and interpersonal skills, with the ability to effectively present complex concepts and findings to non-actuarial audiences
    • Attention to detail, high levels of accuracy, and excellent organizational skills.
    • Ability to work independently as well as collaboratively within a team.
    • Experience of managing project team both upwards and downwards stakeholder management
    • Hands-on experience with R/Python and MS Office.

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