Actuarial Analyst

Department Icon Insurance- Life Insurance
Posted: 1 year ago
2-4 years
Chennai
Insurance- Life Insurance
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: You'll play a vital role in managing and assessing financial risks associated with insurance products. You will provide support to senior actuaries.

What you will do: Your duties will involve developing actuarial models, analyzing data, and providing insights to support decision-making related to pricing, reserving, and capital management.

Key responsibility:

  • Develop and maintain actuarial models for life insurance products.
  • Analyze large datasets to assess risks and make predictions.
  • Prepare actuarial reports and presentations.
  • Support the pricing and reserving processes.
  • Contribute to capital management and solvency assessments.
  • Collaborate with other actuaries and stakeholders.
  • Stay updated on industry best practices and regulations.

Required Qualification and Skills:

  • Bachelor's degree in actuarial science, statistics, or a related field.
  • Progress towards actuarial exams (e.g., SOA, IAI).
  • Strong analytical and problem-solving skills.
  • Proficiency in actuarial software (e.g., Prophet, MoSes).
  • Excellent communication and presentation skills.
  • Experience working with large datasets.

Benefits Included:

  • Competitive salary and comprehensive benefits package.
  • Opportunities for professional development and career growth.
  • Work in a reputable organization with high growth.
  • Contribution to a critical area within the life insurance industry.

A Day in the Life: A day involves developing models, analyzing data, preparing reports, collaborating with colleagues, staying updated on regulations and attending meetings with stakeholders.

Skills

Actuarial ScienceData AnalysisModelingFinancial Risk Management

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About Company

Life Insurance Corporation of India (LIC) is an Indian state-owned insurance group and investment company. It is one of the largest insurance companies in India.

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