AddressSenior Actuarial Audit
Roles and responsibilities:
We are recruiting a Senior in the Actuarial Services team. The responsibilities of Senior will include:
- Actuarial Audits: Audit of the client's half-yearly and yearly valuation systems for true and fair view.
- IFRS current and proposed IFRS17[Assumptions, methodology, controls and results] review
- Solvency II [Assumptions, methodology, controls and results including Technical provisions, SCR] review
- IFRS to SII Technical Provision movements
- US GAAP valuation
- Modelling: Modelling of reserves, risk margin, embedded value for various life products; migration of models from existing actuarial software (e.g. MGALFA to GGY AXIS); model testing and validation.
- Appraisal Value/Transactions/Embedded Value Review: Provide transaction and due diligence support to the client; including perform independent validation of Embedded Value calculations.
This role is for you if you have the below:
Educational qualification: Qualifications: Graduate/Post graduate with a strong background in mathematics and statistics
Work experience:
- 4 - 6 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 significant actuarial exams from any of these institutes
- Mandatory technical & functional skills: IFRS 17, Solvency II, Valuation and reporting, US GAAP
- Mandatory to clear atleast 4 CT papers and CT 5 is mandatory.
- Ideally preferring candidates from Life Insurance domain
