Actuarial Science

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 :

• 0-3 years of experience in Actuarial or Operational tasks.

• Progress on actuarial examinations.

• Graduate or above in Actuarial Science/Mathematics/Statistics.

• Must be able to interpret business specs and ask clarifying questions.

• Strong data organization and analysis skills.