Consultant - Actuarial
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Key details
- Location
- Bengaluru, KA, India
- Work style
- Hybrid
- Level
- Mid level
- Job type
- Full-time
- Experience
- 4–6 yrs
- Function
- Finance & Accounting
- Focus area
- other
- Posted
- Yesterday
Skills
cash flowdue diligencepython
About the role
•Proposed designation: Consultant
•Role type: Individual Contributor
•Reporting to: Manager
•Geo to be supported: US
•Work timings: 11.30 to 20.00
•Work mode: Hybrid
Primary Responsibilities
Actuarial Audits:
•Audit of the client’s half-yearly and yearly actuarial reserves for true and fair view.
•Review of USGAAP and US Stat current and proposed assumptions,
•cash flows, controls and results
•Independent policy level recalculations of US Life and Annuities products
Advisory support
•Modelling and model validation support on multiple actuarial platforms
•Appraisal Value/Transactions/Embedded Value Review: Provide transaction and due diligence support to the client; including performing independent validation of Actuarial calculations.
•Assist client with understanding and implementing the new regulations e.g. LDTI, etc.
•Assist with actuarial system transformation
Mandatory Skills
•Qualifications: Graduate/Post-graduate with a strong background in mathematics and statistics
•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 6 or more actuarial exams (with CM1 pass being mandatory) from any of these institutes.
•Knowledge of modelling software like Prophet, Axis or languages like Python etc
•Excellent written and verbal communication skills
Preferred Skills
•USGAAP and USSTAT exposure, with working knowledge of US annuity products (FIA, VA, MYGA and IA).
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