Actuarial - ERM - Mumbai (Goregaon East)

5 - 8 years

5 - 8 Lacs

Posted:1 month ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

JOB DESCRIPTION DEPARTMENT Actuarial ERM REPORTING POSITION L5 WORK LOCATION Goregaon (East), Mumbai. Corporate office KEY RESPONSIBILITIES Weightage Experience analysis Evaluating the Mortality Experience for both Individual and Group business. Calculating the persistency rates to track policyholder retention. Preparing the Enterprise Risk Management Committee deck highlighting the key risks which are currently faced by Kotak Life. Collaborating with the Valuation and Shareholder Reporting teams to establish actuarial assumptions for mortality, lapse, surrender, and paid-up experience. Drafting Chapter 3 (Analysis of Experience) for the Appointed Actuary’s Annual Report. Preparation of the Report on Persistency to be sent to IRDA. TOTAL 100% REQUIRED QUALIFICATION AND SKILLS Having 5 years + of experience in the actuarial team of a Life Insurer. Successful completion of 7-11 actuarial exams from either the Institute and Faculty of Actuaries (IFoA) or the Institute of Actuaries of India (IAI). Proficient in Excel and Access Familiarity with DCS, SQL and VBA would be an added advantage

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Kotak Life Insurance
Kotak Life Insurance

Insurance

Jaipur

4000+ Employees

493 Jobs

    Key People

  • Mahesh Balasubramanian

    Managing Director & CEO
  • Kavitha Kamath

    Executive Vice President

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