- Actuarial Audits: Audit of the client’s half-yearly and yearly valuation systems for true and fair view.
- IFRS current and proposed IFRS 17[Assumptions, methodology,
controls and results] review
- Solvency II [Assumptions, methodology, controls and results including
Technical provisions, SCR] review
- IFRS to SII Technical Provision movements
Modelling: Modelling of reserves, risk margin, embedded value for various life products; model testing and validation.
Advisory support
- Appraisal Value/Transactions/Embedded Value Review: Provide transaction and due diligence support to the client; including perform independent validation of Embedded Value calculations.
- Assist client with understanding and implementing the new regulations e.g. IFRS 17, etc.
- Assist with actuarial system transformation
Qualifications
Mandatory Skills
- Qualifications: Graduate/Post graduate with a robust background in mathematics and statistics
- 0-1 years of relevant Actuarial experience. Member of Institute of
Actuaries (UK) , SoA and CAS of US and/or Institute of Actuaries of India and must have passed at least 2 actuarial exams (with
CM1 pass being mandatory) from any of these institutes.
Preferred Skills
- Personal drive and positive work ethic to deliver results within tight deadlines and in demanding situations without compromising on quality, and ethical standards and values
- Excellent written and verbal communication skills
- Team player
- Self-driven
- Ability to work independently and motivate team members
- Knowledge of modelling software like