Chief Manager - ALM (Actuary) (Mumbai)

Chief Manager - ALM (Actuary) (Mumbai)

12 Sep
|
Kotak Life
|
Mumbai

12 Sep

Kotak Life

Mumbai

Role: ALM (Assets Liability Management) Specialist

Title: Chief Manager

Location: Goregaon (East), Mumbai

Experience: 5 years +

Education: Graduate

Asset Liability Management:

- Preparation of the Asset Liability Management Council deck to be presented to the management
- Calculating and monitoring the derivative position of the company to ensure sufficient hedging
- Calculation and monitoring of duration & cashflow gaps along with explanation of key changes
- Evaluation of guarantees embedded in the products
- Testing the resilience of the Balance Sheet against market related stresses
- Assessment of the Strategic Asset Allocation for each fund

Economic Capital:

- Calculating the Economic Capital requirement of the company as well as explanation of how the capital requirement is changing each quarter
- Calibration of the shocks required for Economic Capital
- Adhoc improvements and changes in the Economic Capital process to comply with any directives/circulars proposed by IRDAI.

Risk Based Capital

- Calculating/assisting in the preparation of the Risk Based Capital numbers as per guidelines set out by IRDAI

📌 Chief Manager - ALM (Actuary) (Mumbai)
🏢 Kotak Life
📍 Mumbai

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