Analyst- Life Actuarial

0 years

0 Lacs

Posted:1 day ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Primary Responsibilities

Actuarial Audits: Audit of the clients half-yearly and yearly valuation systems for true and fair view.
  • IFRS current and proposed IFRS 17[Assumptions, methodology, controls and results] review
  • Solvency II [Assumptions, methodology, controls and results including Technical provisions, SCR] review
  • IFRS to SII Technical Provision movements
Modelling: Modelling of reserves, risk margin, embedded value for various life products; migration of models from existing actuarial software (e.g. MGALFA to GGY AXIS); model testing and validation.Appraisal Value/Transactions/Embedded Value Review: Provide transaction and due diligence support to the client; including perform independent validation of Embedded Value calculations.

Other Related Responsibilities

  • Assist client with understanding and implementing the new regulations e.g. IFRS 17, etc.
  • Provide assistance with actuarial system transformation

Responsibilities

QUALIFICATIONS

Qualifications: Graduate/Post graduate with a strong background in mathematics and statistics0-1 years of relevant Actuarial experience. Member of Institute of Actuaries (UK) , SoA and CAS of US and/or Institute of Actuaries of India and must have passed significant actuarial exams from any of these institutes.#KGS

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KPMG India

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