Actuarial Analyst

Indicative years of experience: 2-5 Years

Business Unit: ITeS

Location: Pune/Hyderabad

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 & documentation as required by the project
• Support application testing and resolve test defects
• Report status updates as required by the project
• Follow established project execution processes
• Resolve queries/issues and provide Application/functional support to peers & juniors
• Build holistic understanding of applications & underlying domain being supported
• Knowledge sharing
• Running Liability valuation models.
• Provision calculation, Principal Based Reserving
• Month on Month Reserve reporting.
• Preparing Actuarial Abstract
• Data analysis
• Meet onshore stakeholders expectations on quality and timeliness.

Qualifications

Education: GraduateBachelors degree (any stream)

Other: Strong technical skills. Knowledge of SDLC.

Skills

Additional Information

The candidate should have worked on one or more of the following areas:

• 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 ALFA would be an advantage
• Prior knowledge of US Regulations would be an advantage