Actuarial Analyst - Life Insurance

Department Icon Accounting & Finance
Posted: 1 year ago
1-2 years
Delhi NCR
Accounting & Finance
Work From Office
Full Time
Upto ₹0 - ₹0

Posted: 1 year ago
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Posted over 15 days ago, so the role may have closed. Confirm on the employer's page when you apply, or see similar jobs.

Job Description

What role you will play in team: Contribute to the actuarial team in analyzing financial risks and developing pricing strategies.

What you will do: Perform actuarial calculations and model development for life insurance products. Support the preparation of regulatory reports.

Key responsibility:

  • Perform complex actuarial calculations and model development using actuarial software.
  • Analyze financial risks and develop pricing strategies for life insurance products.
  • Prepare and review actuarial reports and presentations for management and regulatory bodies.
  • Support the preparation of regulatory filings and compliance documentation.
  • Collaborate with other actuarial staff and other departments to ensure accuracy and consistency.
  • Stay abreast of current actuarial methodologies and regulatory changes.
  • Adhere to professional standards and ethical guidelines.

Required Qualification and Skills:

  • Bachelor's degree in Actuarial Science or a related field.
  • 1-2 years of experience in actuarial work in the life insurance industry.
  • Actuarial Exams passed (e.g., SOA exams, IAI).
  • Proficiency in actuarial modeling software (e.g., Prophet, MoSes).
  • Strong analytical and problem-solving skills.
  • Excellent communication and collaboration skills.

Benefits Included:

  • Competitive salary and benefits package.
  • Professional development opportunities within the actuarial field.
  • Collaborative and supportive work environment.
  • Health insurance and other employee benefits.

A Day in the Life: You will start by analyzing data to prepare valuation reports, followed by developing new models and assisting with regulatory compliance.

Skills

Actuarial ModelingLife InsuranceFinancial Risk AnalysisRegulatory ReportingActuarial SoftwareData Analysis

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About Company

ICICI Prudential Life Insurance Company Limited is a joint venture between ICICI Bank and Prudential plc. It is one of India's leading life insurance companies.

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