Actuarial Manager
Munich Re
Bombay, India
4d ago

Job Purpose :

Assist the Head of Valuation in carrying out all functions of the team including the valuation of Munich Re India Branch Life & Health reinsurance business liabilities for Statutory and Internal reporting purposes, preparation of financial reports and analyses and ensuring compliance with internal and external requirements relating to valuation of liabilities etc.

Key Responsibilities :

  • Carry out the Valuation of Life and Health Business from South Asia (Statutory IRDA reporting, Solvency II, Actuarial Modelling on AXIS etc)
  • Prepare Corporate Actuarial reports (IFRS reporting, Business Planning, Solvency Capital Monitoring, Shareholder Reporting, Regular interaction with the Finance team etc)
  • Share insights relating to Business Monitoring (Experience Analysis, Monitoring and Reporting)
  • Support the Implementation of IFRS17 as per LH2 guidelines
  • Optimise the Data Management framework within the function
  • Mentor junior members of the team
  • Actively Manage timelines and establish strong working relationships with with all stakeholders including the LH2 regional team in Singapore.
  • Support internal stakeholders like Business Development, Pricing Teams and Underwriting teams.
  • Your profile

  • Senior actuarial student / nearly / recently qualified actuary.
  • 4-7 years of actuarial experience, preferably a few years in valuation and financial reporting.
  • A highly-motivated team player with confidence and diplomacy to engage with colleagues at all levels and across functions.
  • Superior written communication skills in English as the job requires extensive documentation and report writing.
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