Lead Assistant Manager/Manager - Gurgaon/Gurugram, India - iimjobs

    iimjobs
    iimjobs Gurgaon/Gurugram, India

    3 weeks ago

    Iimjobs background
    Full time
    Description

    Role Overview:

    • 35 years' of actuarial experience in life insurance.
    • Should have passed atleast 45 actuarial exams.
    • Experience of working in international markets such as US. Experience with Indian market will also be preferred. Good working knowledge of US-GAAP LDTI is preferable.
    • Must have exposure in data handling, actuarial modeling, model testing & validation.
    • Experience working with GGY Axis and Prophet can be considered depending on experience. Experience in SQL/Python/R is desirable but not mandatory.
    • Advanced life insurance and actuarial knowledge, strong technical, analytical, problem solving and interpersonal skills, effective communicator to superiors, peers and subordinate, good command of the English language.
    • Must contribute towards new business development such as assessing pain areas for our clients, generating solutions for clients.
    • Identify and participate in continuous improvement initiatives.
    • Ensure compliance with Data Privacy and Protection Guidelines.

    Key Responsibilities:

    • Complete understanding of the current state of affairs and problem statement
    • Interacting with clients on regular basis, understanding their requirements and transforming that into business framework and providing actuarial solutions
    • Work on transformation/automation initiative.
    • Build actuarial models for life insurance products.
    • Perform UAT testing, Unit testing, regression testing etc. for Actuarial model testing & validation.
    • Excellent written and verbal communication skills

    Candidate Profile:

    • Bachelor's/Master's degree in economics, mathematics, actuarial sciences.
    • Affiliation to IAI, SoA or IFOA.
    • At least 35 years' experience, with good understanding of Life products pricing, modeling, reserving and valuation.
    • Exposure to US life insurance market is preferable.
    • Experience of working in international markets such as US or India. Good working knowledge of US-GAAP LDTI is preferable but not mandatory.
    • Must have exposure in actuarial modeling, model testing & validation.
    • Exposure to polysystem, Prophet and/or any other modelling tool can be considered. Experience in SQL/Python/R is desirable but not mandatory.
    • Strong ability to learn technical and business knowledge.
    • Superior analytical and problem solving skills.
    • Outstanding written and verbal communication skills.
    • Able to work in fast pace continuously evolving environment and ready to take up uphill challenges.
    • Is able to understand cross cultural differences and can work with clients across the globe.