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Assistant Manager - Actuarial - Insurance

3.00 to 5.00 Years   Mumbai City   16 Jun, 2023
Future Track
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryRecruitment Services
Functional AreaGeneral / Other Software
EmploymentTypeFull-time

Job Description

    Assistant Manager - Actuarial Key responsibilities : - Provide support and guidance to more junior members of the team. May have some responsibility for the supervision of other junior team members or delivery of specific pieces of work. - Seek and act on opportunities to develop wider and deeper technical and business understanding. - Monitor business and external developments related to own area of responsibility and propose consequent changes to established procedures. - Undertake numerical analysis and manipulation using a range of systems and actuarial tools. - Prepare and document simple computer programmes and models to clearly defined requirements. - Support a range of management reports like committee papers, board reports, process efficiency reports, and regulatory returns. - Respond to straightforward technical queries. - Draft and maintain up-to-date, appropriate documentation and checklists for any processes that are implemented. - Compliance - Ensure understanding and adherence to Prudentials Code of Conduct and, where appropriate, comply with all relevant regulatory policies. This includes completion of any mandatory training requirements. - Performance Management (for people managers)- follow and contribute to the recognised Performance Management process. - 3-5 years of relevant Actuarial experience - An active student member of the Institute or Faculty of Actuaries and / or Indian Institute of Actuaries with minimum 8 exams cleared. - Thorough understanding of at least one function / team within Actuarial & ability to deliver on assigned tasks independently. - Awareness of the Financial Services industry and regulatory environment like EEV, IFRS, Solvency II. - Some knowledge of significant regulatory processes within UK operations. - Some level of business influence skills like commercial appreciation and attitude required. - Some level of understanding of the financial dynamics of Insurance business and how key factors influence the various financial measures. - Reasonable knowledge of insurance industry related products like Annuities, Bonds, Lifetime Mortgage, Unit Linked and With Profit. - Added advantage for experience in Actuarial Modelling, valuation and reporting and knowledge of MoSes/Prophet/RAFM.,

Keyskills :
mistatfinancial servicesaccountssalescode of conductfixed income derivatives

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