Job Description

Job Responsibilities
To support the delivery of the following objectives:
Active involvement in the areas of Product pricing, New Business Value, UAT test, Valuations and modeling.
Preparation of various internal reports along with actuarial statutory report / Mortality / Expenses Studies.
Knowledge of Local Insurance Laws, regulations.
Timely review of VNB report with high accuracy.
Populate CFT projection model for liquidity test.
Work closely with Appointed Actuary/ CFO/Financial controller and other stakeholders for various ad-hoc task.
Active delegation and execution of work while maintaining strong focus on quality, timeliness, and effective communications
Aspiration and preferably track record of success in pursuing actuarial study to become an Actuary.
Learn and provide desired output using actuarial software like Polysystem/Prophet.
Good communication skill (both written and spoken) in English & Nepali.
Excellent computer knowledge
Maintain productive working relationships with internal and external team members.
Provide extensive support to the finance department in process improvement, Reinsurance and other relevant
Key Performance Indicators (KPIs) of Position:
Review necessary enhancements to the Global Tools taking into consideration multiple bases (e.g. US STAT, US GAAP LDTI, Local STAT etc.)
Validation of changes made in the Models for Pricing and Valuation.
Contributing towards good team morale and positive team engagement and professional development
Ensuring excellent communication between Noida-based team and stakeholders based in different geographical locations
Taking ownership of work; clearly flagging any issues and goal delivery concerns to senior leadership team
Knowledge, Skills and Abilities
Education
Should be a Graduate preferably in Actuarial Science/ Mathematics/ Stats/ Commerce Stream
Experience
Around 5 years of actuarial experience with 8 actuarial exams and experience in valuation/reserving.
Knowledge and skills (general and technical)
Essential experience, skills and competencies:
Respectful of deadlines, discipline and process, yet flexible and pragmatic within a growing business
Capable of working autonomously or with a team, and of balancing own initiative with advice from others
Able to navigate through complex problems and organisations to achieve results and deliver solutions
Able to communicate complex issues to non-experts
Excellent Excel/VB/ VBA skills
PROPHET and POLYSYSTEMS models.
Other Requirements (licenses, certifications, specialized training if required)
NA
Working Relationships
Internal Contacts
(and purpose of relationship):
Global Actuarial Modelling; production leaders
External Contacts
(and purpose of relationship) If Applicable
Local Office, IT and Other teams
Education: Any Graduate
Industry: Financial Services/Stockbroking, Banking

Skills Required