Actuarial - ERM - Mumbai (Goregaon East)

5 - 8 years

5 - 8 Lacs

Posted:None| Platform: Naukri logo

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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 logo
    Kotak Life Insurance

    Insurance

    Jaipur

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