Actuarial Analyst - Life Insurance

Department Icon Accounting & Finance
Posted: 1 year ago
1-2 years
Mumbai
Accounting & 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: Contribute to the actuarial function by supporting the analysis of mortality, morbidity, and lapse rates for life insurance products.

What you will do: Assist in developing actuarial models, preparing reports, and conducting sensitivity analysis.

Key responsibility:

  • Assist in the development and maintenance of actuarial models for life insurance products.
  • Analyze mortality, morbidity, and lapse rate experience.
  • Prepare reports summarizing actuarial analyses.
  • Conduct sensitivity analysis to assess the impact of various assumptions.
  • Support the regulatory reporting process.
  • Collaborate with other actuaries and stakeholders.

Required Qualification and Skills:

  • Bachelor's degree in Actuarial Science or related field.
  • 1-2 years of actuarial experience in the life insurance industry.
  • Progress towards actuarial exams (e.g., SOA, IFoA).
  • Proficiency in actuarial software (e.g., Prophet, MoMo).
  • Strong analytical and problem-solving skills.
  • Excellent communication and teamwork skills.

Benefits Included:

  • Competitive salary and benefits package.
  • Opportunities for professional development.
  • Challenging and rewarding work in a growing industry.
  • Mentorship and support from senior actuaries.
  • Opportunities to work on a variety of actuarial projects.

A Day in the Life: A typical day involves analyzing data, developing models, preparing reports, and collaborating with colleagues.

Skills

Actuarial ScienceLife InsuranceMortalityMorbidityLapse RatesActuarial 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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