Prophet Modelling Jobs – Apply to Latest Prophet Modelling Job Vacancies

Actuary - Sr Manager/AVP Hirocrate Talent Llp

7 - 10 years

35 - 45 Lacs

Navi Mumbai, Thane, Mumbai (All Areas)

Work from Office

Actuary role at Reliance To be key member of the statutory reporting team Carry out a detailed analysis on the experience of mortality, lapses etc Carrying out periodical analyses on ALM position of the Company Building parallel models/UAT testing

Posted 2 months ago

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Actuarial Analyst - Reserving SBI General Insurance

1 - 6 years

8 - 18 Lacs

Mumbai Suburbs, Mumbai, Mumbai (All Areas)

Work from Office

Broad objective: Calculate reserves for the business by LOB, assess Ultimate Loss Ratio (ULR) for all segments to ensure adequate reserves are built in. Responsibility Area Key Responsibilities: - Collate the data required to conduct the analysis. Review the data to ensure accuracy. - Conduct assumption analysis of the Non-Motor TP segment to ensure accuracy. - Perform Reserve Adequacy Analysis to highlight any foreseeable risk. Share analysis with insights with the stakeholders to enable key business decisions. - Accuracy of data - Timely completion and submission of Actuarial deliverables - Internal customer satisfaction based on quality of service provided / interactions / support Capital Modelling: - Review the data inputs received from the Finance department on the Asset Liability Management and the Capital Modelling work to ensure accuracy. - Assess the methodology used and its appropriateness. Add parameters to the model, where required. - Improve predictability of the model by using appropriate assumptions. - Review results to ensure accuracy of calculations. - Identify and highlight key risks to the Appointed Actuary. - Accuracy of data - Timely completion and submission of Actuarial deliverables - Timely and Accurate - Highlight the impact of key internal and external changes to the model and its output. - Review the capital model output to check for reasonability. - Submit the report to the regulator in a timely and accurate manner. - Perform Solvency Simulation Modelling and report to the Bank to assess the capital adequacy. - Conduct a check on solvency and prepare forecasts for Budget Loss Ratios. submission of reports as requested by Auditors and Regulator Regulatory Reporting: - Collate data and prepare analysis for the relevant sections of the Financial Condition Report and the IBNR report. - Review analysis to ensure accuracy of calculations. - Monitor queries from IRDA and ensure responses are provided in a timely and accurate manner. - Work closely with the peer reviewers, statutory auditors and Comptroller and Auditor General (CAG) auditors to ensure they receive all the required data in a timely manner. - Timely and Accurate submission of reports as requested by Auditors and Regulator Ad HocAnalysis: - Work with the stakeholders to understand the request. - Collate the data required to perform the analysis. Maintain a database for future ad hoc requests. - Prepare the analysis and share the reports in a timely and accurate manner. - Review the reports to ensure accuracy of data and calculations. - Accuracy of data Internal customer satisfaction based on quality of service provided / interactions / support

Posted 3 months ago

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Actuarial Analyst - Pricing SBI General Insurance

1 - 6 years

8 - 18 Lacs

Mumbai Suburbs, Mumbai, Mumbai (All Areas)

Work from Office

Broad objective: Helping dedicated team in creating Pricing Model, Suggest, Discuss & Finalise rates, creation of Technical Notes etc) of required Line of Business. Responsibility Area: Pricing: - Providing support for pricing a Product - Helping bulid a robust Pricing Model for each product - Helping create Technical Notes & other annexures required for filing the product with IRDAI - Ensuring that the products filed are as per extant IRDAI guidelines - Perform final reviews on all deliverables to ensure accuracy. - Assess and consider all kinds of risk to review and make informed decisions around new initiatives or responses to situations. - Number of Products filed/approved by IRDAI Liasing with various teams: - Liase with Sales/Distribution to understand the product requirement - Liase with UWs to understand the feasibility of the product - Liase with Products team and help them with a product construct - Discuss the Draft rates with various stakeholders and finalise the rates - Successful and timely completion of pricing of agreed products.

Posted 3 months ago

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