Actuarial Analyst - Life

Proposed designation
- Analyst

Role type
- Individual Contributor

Reporting to
- Manager

Geo to be supported
- UK

Work timings: 11.30 to 20.00

Work mode: Hybrid

Responsibilities

Primary Responsibilities
• Actuarial Audits: Audit of the client’s half-yearly and yearly valuation systems for true and fair view.
• IFRS current and proposed IFRS 17[Assumptions, methodology, controls and results] review
• Solvency II [Assumptions, methodology, controls and results including
Technical provisions, SCR] review
• IFRS to SII Technical Provision movements
Modelling: Modelling of reserves, risk margin, embedded value for various life products; model testing and validation.
Advisory support
• Appraisal Value/Transactions/Embedded Value Review: Provide transaction and due diligence support to the client; including perform independent validation of Embedded Value calculations.
• Assist client with understanding and implementing the new regulations e.g. IFRS 17, etc.
• Assist with actuarial system transformation

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Qualifications

Mandatory Skills
• Qualifications: Graduate/Post graduate with a strong background in mathematics and statistics
• 0-1 years of relevant Actuarial experience. Member of Institute of
Actuaries (UK) , SoA and CAS of US and/or Institute of Actuaries of India and must have passed at least 2 actuarial exams (with
CM1 pass being mandatory) from any of these institutes.
Preferred Skills
• Personal drive and positive work ethic to deliver results within tight deadlines and in demanding situations without compromising on quality, and ethical standards and values
• Excellent written and verbal communication skills
• Team player
• Self-driven
• Ability to work independently and motivate team members
• Knowledge of modelling software like

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