Job Description

Group Company: Designation: Analyst - SH Reporting (700090) Position description: Job Purpose To accurately calculate various shareholder reporting and experience analysis numbers within stipulated time. Key Responsibilities . To calculate and report the embedded value (EV) and value of new business (VNB) and perform detailed analysis of the same. . To compare and find reasons for deviations between the actual numbers and planned business numbers . To conduct experience analysis of persistency, mortality, expense, revival etc. . To assist in setting assumption for EV as well as reserving. .To perform User Acceptance Test on Prophet and DCS model .To perform Risk Based Capital (RBC) calculation .To calculate reserves for Ind-AS reporting .To provide detailed process documentations and audit trail .To create IRDAI reports and assist in preparing response for queries related to above work Specific Authorities (Financial & Non Financial): NA Key Performance Indicators TAT Compliance = 100% Accuracy = 100% (0 errors) Job Requirements Qualifications: Graduate who has completed more than 4 papers Functional Competencies . Risk Assessment . Actuarial Technical Expertise . Modelling Tools . Regulatory Knowledge Behavioral Competencies . Business Acumen . Growth through Differentiation definition . Building talent and teams definition . Customer centricity Key Interactions Internal Corporate planning : Reporting of EV/VNB/experience analysis for MIS Finance team : Entries in Financials, Ind-AS reporting Tokio marine (JV) : Submission of EV/VNB/RBC reporting Investment team : Inputs for EV/RBC CEO\'s Office: Board requirements Actuarial - valuation: Data and DCS related Actuarial - Pricing: Products and pricing model related queries/discussion External Peers in other organizations : Discussion on industry practice Reporting Team Position Reporting To: Lead - SH Reporting (700092) Reporting Department: Shareholder reporting (700029)

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