Actuarial Analyst – Principal, Pune, 3+ years
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Mayank Goyal
Indicative years of experience: 3-8 Years
Role Description:
Develop, test and maintain applications with established processes while building holistic understanding of the underlying applications and domain
Key Responsibilities
Develop and maintain technical designs based on requirements
Develop application code for programs while following coding standards Develop and execute unit tests Complete Analysis amp; documentation as required by the project
Support application testing and resolve test defects
Report status updates as required by the project F
ollow established project execution processe
sResolve queries/issues and provide
Application/functional support to peers amp; juniors Build holistic understanding of applications amp; underlying domain being supported
Knowledge sharing
Running Liability valuation models.
Provision calculation, Principal Based Reserving
Experience analysis (Lapseamp; Mortality).Basis Setting.
Month on Month Reserve reporting.
ALM Preparing Actuarial Abstract Solvency Calculation.
Analysis of SurplusData analysis
Meet onshore stakeholder’s expectations on quality and timeliness.
Pricing of life insurance products – participating, non-participating including unit linked
Reserving of life insurance products, Risk based capital, Solvency II
Reporting functions, ALM, Experience studies, modelling
Data base management using SAS, R
Prior knowledge of actuarial software ALPHA would be an advantage
Education:
Graduate – Bachelor’s degree (any stream)
Other: Strong technical skills. Knowledge of SDLC. Good aptitude, positive attitude, strong reasoning and communication skills. Must be a good team player. Good analytical skills, research oriented. Sound knowledge of Principal Financial Group specific application. Ability to resolve questions/issues related to the application as a Subject matter expert, ability to communicate with various stakeholders. Competencies Make sound business decision Embrace Change Build strong Partnership Get results Act Strategically Lead Cultivate Talent Reporting relationship:
This role will report to Delivery Manager / Senior Delivery Manager.
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