Actuarial Analyst - Life Insurance

Department Icon Corporate Finance
Posted: 1 year ago
0-1 years
Mumbai
Corporate Finance
Work From Home
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: You will support actuaries in the valuation of life insurance products and assist in regulatory reporting.

What you will do: You will conduct actuarial calculations, analyze data, and help in the preparation of regulatory filings.

Key responsibility:

  • Assist in the valuation of life insurance products using actuarial models.
  • Analyze mortality, morbidity, and lapse experience data.
  • Prepare actuarial reports and presentations.
  • Support the regulatory reporting process.
  • Maintain actuarial databases and models.
  • Collaborate with other actuarial teams to ensure accuracy and consistency.

Required Qualification and Skills:

  • Bachelor's degree in Actuarial Science, Mathematics, or Statistics.
  • 0-1 year of experience in the life insurance industry.
  • Progress towards actuarial exams (e.g., SOA exams) preferred.
  • Strong analytical and problem-solving skills.
  • Proficiency in actuarial software and programming languages.
  • Excellent attention to detail and accuracy.

Benefits Included:

  • Competitive salary and benefits package.
  • Opportunities for professional development and growth.
  • Supportive work environment.
  • Health insurance, Paid time off, Performance-based bonuses.

A Day in the Life: A typical day includes working on actuarial models, analyzing data, and assisting in regulatory reporting.

Skills

Actuarial ModelingLife InsuranceData AnalysisRegulatory ReportingActuarial Software

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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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