Asset Liability Management
Framing and implementing effective ALM strategy
Ensure regular monitoring and establishing process and governance around duration gap, cash flow gap; assess exposure to interest rate risk, reinvestment risks and liquidity risks.
Engage with Finance/Investment teams to align asset strategies with liability profiles
Taking care of all Shareholder and Regulatory reporting requirements, queries etc
Support Investment team on preliminary SAA and Final SAA submissions to GHO
Support in ad hoc reports as and when required by GARO/GHO
IND AS implementation and RBC framework
Laying down IND AS reporting framework for the company
Ensuring fulfillment of all regulatory requirement
Liaise closely with Finance team for perfoma preparation
Closer of all audit requirement
Reconciliation of numbers with IGGAP reports and Group submissions
In parallel setting up RBC process basis QIS studies
Projections of RBC with IND AS to assess the future capital and solvency position
Setting up internal model and framework for optimizing capital under RBC regime
Other area of work and support includes, but not limited to –
Experience studies – claim and mortality
Identify emerging trends and provide actuarial insights to relevant stakeholders for assumption setting and pricing
Collaborate with Underwriting and Claims team to investigate deviations or shifts in claims experience.
Prophet Modelling - Develop and enhance actuarial models used for various reporting such as statutory, IFRS17, SII, IND AS, RBC etc.
Overseeing modelling work and ensuring model governance and control frameworks, maintaining documentation in line with internal SOPs and audit
Managerial responsibilities
Support provided to junior staff to ensure that they develop both technical and soft skills.
Ensure outputs of the team are well understood so that they can be used in the appropriate manner, in particular to ensure that business discuss
📌 Shareholder Reporting (Mumbai)
🏢 Generali Central Life Insurance
📍 Mumbai
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