Responsibilities :

Assist on regular quarterly valuations/reserve calculations.
Accurately complete already defined modelling processes including implementation of modelling assumptions, performing model runs, validations of results and its delivery to the reporting actuaries/line owners.
Perform user acceptance testing for various system and model changes for the actuarial production team.
Perform required calculations and analysis on IBNR, Profit Commission, STAT zeroization and other such activities/requirements.
Ensuring the team deliverables are met as per pre-approved timelines.
Perform required validations, analysis to ensure accuracy of the numbers produced as well as keep audit trails of all major validations/checks done.
Apply technical knowledge and process skills to tackle problems and develop solutions, i.e. investigating data/modelling issues, reconcile different reports/numbers.
Question existing processes and suggest enhancements to improve efficiency and controls in processes.
Interaction with auditors as/when required.
Assist on 'special projects' carried out to meet specific objectives.

Requirements :

Actuarial Science

Actuarial Interns