8.0 - 12.0 years

0 Lacs

noida, uttar pradesh

On-site

As a Manager Actuarial at our company, your role will involve decoding models of Legacy Software and creating excel models using VBA, SQL against (client) models of legacy software. You will be responsible for running the portfolio to ensure that excel model output matches with that of legacy software results and cross-checking cashflows from migrated software to match with the last published figures. Your tasks will include individual and block testing, identifying differences, amending the excel model to fix any discrepancies, and ensuring successful testing and validation. You will be required to write model spec against each of these legacy software models and procedure notes against each of these spreadsheet model developed. Additionally, you will lead and coach juniors on modelling and present product-wise status reports to seniors. Some other tasks you will be handling include performing contractual premium review of product block/policies, repricing following premium review by creating models, working on Bonus, Expense review, Fund mergers projects, and ensuring work is processed as per agreed quality standards for correctness and fairness. It is important for you to ensure that all enquiries are recorded correctly on the Company Systems, for work to be scheduled to the individual and the team and to provide an audit trail. You must also be aware of the company complaint and incident identification procedure and act upon them immediately to minimize regulatory breaches, customer/client detriment, and business image. Your responsibilities will also include processing work within industry compliance and legislative requirements under the guidance of the Manager, Analysts, and Technicians, ensuring compliance with controls and procedures. You will be expected to undertake any other duties as deemed appropriate by your manager and ensure personal and business objectives for self are met in line with the departmental business plan. Furthermore, you will need to ensure that regulatory and audit requirements are met, be aware of data security from a customer and business perspective, take responsibility for the prevention of fraudulent activity, and maintain the data protection ideals of clear desk, secure storage, and secure PC. Adhering to local and corporate governance and controls ensuring business operating systems and procedures are utilized/updated as necessary is also part of your role. Lastly, you are expected to ensure all regular events, including audit activities and actions, are completed/escalated, and adhere to all HCL policies and procedures.,

Posted 5 days ago

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Senior Team Lead, Leap Migration Team Swiss Re

9.0 - 13.0 years

0 Lacs

karnataka

On-site

You will play a crucial role in the exciting Swiss Re journey to revolutionize its global Life & Health (L&H) experience studies (ES) landscape. Your main responsibility will involve shaping, influencing, introducing, and maintaining a new standardized and state-of-the-art solution tailored for the global L&H experience studies community. The Leap R Migration Team, a global team, is being established to support the adoption of the Leap R tool by local experience studies teams worldwide. Leap R is designed based on a global methodology to enable ES actuaries to efficiently conduct experience studies using R, facilitating better insights for pricing and other stakeholders. Your role within the Leap R Migration Team will involve collaborating closely with the Experience Studies Centre and local ES teams to achieve migration targets effectively. The Experience Studies Centre operates within the OVAL and Global Experience studies team, under the L&H Portfolio Steering & Monitoring (PSM) within the Chief Underwriting Office (CUO). The primary objective is to implement a standardized and cutting-edge Experience Studies solution that enables the generation of valuable insights for the L&H business to proactively steer L&H Re towards sustainable profits. As a member of the Leap R Migration Team, you will lead a team of actuarial analysts responsible for migrating studies from SAS or R to Leap R, covering data preparation and process documentation. Your role will also entail delivering experience analyses for stakeholders, including experience studies, pricing, and valuation. Key Responsibilities: - Manage a team conducting experience studies with Leap R, migrated from existing solutions - Provide hands-on support and collaborate with local experience studies teams to meet annual migration targets - Validate and reconcile study results with previous SAS or R studies - Analyze and interpret findings, communicate conclusions - Ensure migration of experience studies aligns with global methodology and standards - Review work, ensure proper documentation of Leap R migrations - Foster collaboration with colleagues across regions and central teams for a unified global experience studies approach Essentials: - 9+ years of actuarial experience in L&H reinsurance, primary insurance, or consulting - Proficiency in R - Previous hands-on experience with L&H experience studies - Strong organizational, prioritization, and planning skills - Excellent interpersonal, communication, and influencing skills - Ability to work independently and in cross-functional teams - Strong analytical skills and a solutions-oriented mindset Nice to Have: - Expertise in various L&H products across multiple global markets/regions Join Swiss Re, a leading provider of reinsurance and insurance, in making the world more resilient. Collaborate with a global team of over 14,000 employees to anticipate and manage risks, create new opportunities, and provide innovative solutions to clients.,

Posted 1 month ago

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