Actuarial Analyst

Assist the Head of Valuation in carrying out all functions of the team, including the valuation of Munich Re India Branch Life & Health reinsurance business liabilities for statutory and internal reporting purposes, preparation of financial reports and analyses, and ensuring compliance with internal and external requirements relating to valuation of liabilities.

Your Role: 

• Support the implementation of IFRS 17 as per local regulatory guidelines
• Carry out the valuation of Life and Health business in South Asia (Statutory IRDA reporting, Solvency II, IFRS, actuarial modelling on AXIS)
• Prepare corporate actuarial reports (IFRS reporting, business planning, solvency capital monitoring, shareholder reporting, regular interaction with the Finance team)
• Share insights relating to business monitoring (experience analysis, monitoring and reporting)
• Carry out the operations of the data management framework within the function
• Support internal stakeholders such as Business Development, Pricing and Underwriting teams
  
  Your Profile: 
  

           Education & Experience

  • Actuarial professional who has completed Stage 1: Core Principles series (all 7) from IAI India or equivalent
  • Strong commitment to completing the actuarial qualification
  • Experience in a life insurance or reinsurance company’s valuation team preferred
    
    Competencies
    

  • Strong computer skills: Microsoft Excel, Power Query and SQL (essential), and VBA (preferred)
  • Exposure to actuarial software preferred (AXIS preferred)
  • Exposure to Indian statutory reporting, Solvency II and IFRS 17 preferred
  • Excellent technical and analytical skills, with a logical and concise approach and strong attention to detail
  • Self-motivated and able to work within a team environment; outcome-focused
  • Strong communication skills, with professional working proficiency in English (written and verbal)