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Actuary

Vendasta Technology (India) Private Limited

0 years

3 - 0 Lacs

Chennai, Tamil Nadu

Posted:4 weeks ago| Platform: SimplyHired logo

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Skills Required

In-person

Work Mode

On-site

Job Type

Full Time

Job Description

An actuary is a professional who analyzes and manages financial risks, particularly in insurance, pensions, and investments. They use mathematical and statistical skills to assess the probability and financial impact of future events, helping organizations make informed decisions about pricing, reserves, and investments. Key Responsibilities: Risk Assessment: Actuaries analyze data to estimate the likelihood and potential cost of future events, such as death, sickness, accidents, or natural disasters. Financial Modeling: They develop and use complex mathematical and statistical models to evaluate risks and predict financial outcomes. Product Development: Actuaries design and price insurance policies, pension plans, and other financial products, ensuring they are both competitive and financially sound. Financial Planning: They help organizations plan for future financial obligations, such as pension payments and insurance claims, by calculating necessary reserves and funding levels. Reporting and Communication: Actuaries prepare reports and presentations to communicate their findings and recommendations to various stakeholders, including management, clients, and regulators. Job Types: Full-time, Fresher Pay: ₹390,078.15 - ₹1,167,405.57 per year Benefits: Provident Fund Schedule: Day shift Work Location: In person

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Actuary