Location
Noida | India
Job description
Particular focus of the role includes:
- Responsible for producing the experience studies results and proposing assumptions
- Understand and analyse the data required to produce the studies.
- Provide explanation and analysis of results to key stakeholders including the production of written reports
- Produce the impact of the assumption change
- Support in specification and validation of new methodologies, and models for any existing or new studies
- Proactive interaction with other teams such as the modelling team and analysis team to make sure that the experience studies are in line with the relevant products which are modelled
- Enhancement of the experience studies process, especially to overcome any limitations which was previously in the study
- Work on any change request in the experience studies which are approved by the chief actuary.
Job Responsibilities
To support the delivery of the following objectives:
Experience Studies:
- Request for the relevant data from the data IT team
- Validate the data with appropriate checks and controls to make sure the data is apt for conducting experience studies
- Create appropriate summary of the data which can be shared to the relevant stakeholders
- Convert the data to be input ready for the study and apply appropriate reconciliation of data if any data needs to be excluded based on the exclusion criteria
- Interpretation of experience studies results and proposal of new assumptions to be shared with the stakeholders
- Error free, clear communication of results via memos, reports or presentations.
Key Performance Indicators (KPIs) of Position:
- Error free preparation of experience studies reports to required timescales and relevant actuarial standards
- Execution of second-line data validation and completeness checks to required actuarial and audit standards.
- Contributing towards good team morale and positive team engagement and professional development.
- Ensuring excellent communication between Noida-based team and stakeholders based in different geographical locations.
- Taking demonstrable ownership of work clearly flagging any issues and goal delivery concerns to senor leadership team.
Job tags
Salary
