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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