Location
Mumbai | India
Job description
Role 1 - Valuation
- Calculation of monthly statutory reserve.
- Setting product and Maintenance of Model in Prophet.
- Preparation of regulatory reports.
- Checking and validation of data.
- Maintain and enhance of DCS coding.
- Performing experience analysis. (e.g. mortality, persistency etc.)
- Coordination across various departments.
Role 2 - Pricing and filling the product to IRDAI
- Developing pricing models and determining premium rates.
- Filing of new products or modification of existing products with IRDAI.
- Risk analysis of all factors: sensitivity (interest rate, mortality, expenses), strain & break-even analysis.
- Replying to queries from IRDA, Product Development team, IT and other teams.
- Managing needs of different departments including valuation, Operation, IT, Legal etc.
- Performing UAT.
Job tags
Salary