Tata Group
Location
Mumbai | India
Job description
A Position Overview Position Title AM / Manager Department Modelling Level / Band 301 /401/AM /Manager Role Summary : Will be a member of the Modelling team within the Actuarial function. Responsibilities include the following: . Modelling new products . Develop model for any business needs . Provide innovative and useful solutions to user team's feedbacks and requirements . Development and maintenance of prophet model and tables for o Statutory reserves and solvency o Asset shares and bonus supportability o Analysis of Surplus o Business Planning o Market Consistent Embedded Value (MCEV) o Analysis of Movement in MCEV o Economic Capital and ALM o Par and Non Par COG computation o Pricing, etc. B Organizational Relationships Reports To Assistance Vice President Supervises None C Job Dimensions Geographic Area Covered Pan India Stakeholders Internal Actuarial, Finance and Risk Function External Peer Reviewer, external model reviewer D Key Result Areas Model development and model maintenance . Model development for new products . Develop functionality in the model as per business strategy . Prepare and maintain robust modelling framework E Skills Required Technical . Actuarial students making good progress in actuarial papers and having sound actuarial knowledge . 5-6 years of relevant actuarial experience including Prophet modelling experience . (Desired) Working knowledge of advanced prophet features like array variables, rebasing, calculation looping, performing dynamic and stochastic runs Behavioral Essential Desired Interpersonal skills . Communication skills . Creative thinking skills . Supervising/Leadership skills . Teamwork Skills . Influencing skills . Relationship Building skills . Decision making skills . F Incumbent Characteristics Essential Desired Qualification Actuarial students CT and CA series cleared Experience 5-6 years of experience including experience of modelling Core actuarial experience in life insurance domainJob tags
Salary
