Job Description

Company Name: VARITE India Private Limited
About The Client:
Client is a life insurance company in India. The firm offers life insurance products targeted at individuals and groups, catering to four distinct segments: protection, children, retirement and investment plans.
Essential Job Functions:

• Monthly and quarterly calculation of Embedded Value, Value of New business, expense overruns, Analysis of embedded Value.
• Tracking of competitors KPIs
• Analysis of KPIs with the expected results
• Assist in calculation of Economic Capital and RBC
• MoClienting/Testing new blocks of business on Prophet
• Finding ways to automate processes to improve the team's efficiency
• Explaining results and responding to stakeholders' queries
• Other one off actuarial requirements/ projects
• Support the team leader/Appointed Actuary in preparing and presenting actuarial reports to the company's management and external stakeholders
• Mentoring juniors/other actuarial team members in the team on day to day basis

Qualifications:

• Minimum 7 + Actuarial papers (New Curriculum)
• 5+ years in Actuarial field out of which 4+ years in direct Indian Life Insurance Company
• Knowledge of Prophet, DCS, MS Excel and Actuarial concepts

How to Apply: Interested candidates are encouraged to respond/submit their updated resumes, and for additional job opportunities, please visit
Unlock Rewards: Refer Candidates and Earn.
If you're not available or interested in this opportunity, please pass this along to anyone in your network who might be a good fit and interested in our open positions. VARITE offers a Candidate Referral program, where you'll receive a one-time referral bonus based on the following scale if the referred candidate completes a three-month assignment with VARITE.
Experience Level Bonus Referral: 0-2 years INR 5,000
2-6 years INR 7,500
6+ years INR 10,000
About VARITE: VARITE is a global staffing and IT consulting company providing technical consulting and team augmentation services to Fortune 500 Companies in USA, UK, CANADA and INDIA. VARITE is currently a primary and direct vendor to the leading corporations in the verticals of Networking, Cloud Infrastructure, Hardware and Software, Digital Marketing and Media Solutions, Clinical Diagnostics, Utilities, Gaming and Entertainment, and Financial Services.
Equal Opportunity Employer:
VARITE is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, marital status, veteran status, or disability status.