Edelweiss Tokio
Location
Mumbai | India
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.
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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
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Specific Authorities (Financial & Non Financial): NA
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Key Performance Indicators
TAT Compliance = 100%
Accuracy = 100% (0 errors)
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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
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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
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