Deputy Manager - Actuarial - Prophet Modeler - Immediate Joiners Required - Gurgaon
Execution of Actuarial projects as per agreed timelines, level of accuracy and terms and conditions.Guiding and supporting junior colleagues in the projects and ensuring the actuarial work is carried out as per Technical Actuarial Standards (TAS)Clear communication with stakehoders, understanding requirements and meeting their expectationsChecking/Review of work produced by juniors and signing off before submission to client Ensuring that the actuarial work carried out is meeting the required level of accuracy specified by clients Presenting results to client’s actuarial teamCross-training and backup planning of team members. Conduct training for new hires on the systems and processes.
Bachelor's/Masters Degree in Actuarial Science/ Mathematics/ Statistics/Engineering etc.Member of Institute of Actuaries of India /Institute and Faculty of Actuaries, UK.Actuarial Exam credits of 5 exams preferable.5-8 Years experience of working in Life Actuarial Teams in Captive/ Third party Offshoring units and Consulting companies in Actuarial Projects, Pricing, Reporting and Developing & Testing of excel models etc. Exposure to UK Life Insurance market preferred.1.Good understanding of Life insurance products ( NP, WP, UWP and UL ) specifically UK market products, its features, Terms and Conditions.2.Knowledge of pricing of UL products, Model development and valuation3.Understanding of UK Market regulations 4.Familiarity of Policy Admin Systems and the guidelines adopted in maintaining and updating policy information5.Understanding of policy data extracted from Admin systems and conducting investigations to ensure the correctness and completeness of data Good MS Excel, VBA and Modelling skills, Project Management, Communication and System testing skills