Associate Actuary (Life Insurance)

Department Icon Insurance- Life Insurance
Posted: 1 year ago
1-2 years
Ahmedabad
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: Contributing to the actuarial valuation of our life insurance portfolios. Supporting senior actuaries in various projects and analysis.

What you will do: You will assist in model development, data analysis, and reporting. You will collaborate with other actuaries and support the actuarial function.

Key responsibility:

  • Assisting in the preparation of actuarial valuations.
  • Analyzing large datasets related to life insurance policies.
  • Developing and maintaining actuarial models.
  • Preparing reports and presentations for senior management.
  • Contributing to special projects as required.
  • Staying up-to-date on industry best practices.
  • Collaborating with other actuarial team members.

Required Qualification and Skills:

  • Bachelor's degree in Actuarial Science or a related quantitative field.
  • Progress toward professional actuarial qualifications (e.g., SOA, IFoA).
  • Strong analytical and technical skills.
  • Proficiency in actuarial software and programming languages.
  • Excellent communication and teamwork skills.
  • Understanding of life insurance products and operations.

Benefits Included:

  • Competitive salary and benefits package.
  • Opportunity for professional development and advancement.
  • Training and support for actuarial examinations.
  • Health insurance.

A Day in the Life: A typical day involves data analysis, model development, report preparation, and collaboration with team members on actuarial projects.

Skills

Actuarial AnalysisData AnalysisModel DevelopmentActuarial SoftwareLife Insurance

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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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