About this role
- Proposed designation: Assistant Manager
- Role type: Individual Contributor
- Reporting to: Manager
- Geo to be supported: US
- Work timings: 11.30 to 20.00
- Work mode: Hybrid
Employment Type: FTE
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
- 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.
- USGAAP and USSTAT exposure, with working knowledge of US annuity products (FIA, VA, MYGA and IA).
- Excellent written and verbal communication skills
Preferred Skills
Knowledge of modelling software like Prophet, Axis or languages like Python etc