Manager - Solvency II Reporting (Actuarial) (Gurugram)

Manager - Solvency II Reporting (Actuarial) (Gurugram)

13 Oct
|
Aviva India
|
Gurugram

13 Oct

Aviva India

Gurugram

Job Summary-:

The Senior Manager – Solvency II Reporting will lead and oversee actuarial solvency reporting, technical provisions, capital calculations, and regulatory submissions for the Life Insurance business. The role requires solid technical knowledge of the Solvency II framework, actuarial valuation methodologies, capital modelling, and regulatory reporting requirements. The individual will be responsible for ensuring the accuracy, integrity, and timeliness of solvency reporting, strengthening reporting controls, driving process improvements, and partnering with senior stakeholders across Actuarial, Finance, Risk, and Regulatory Reporting.

2. Key Responsibilities

A. Solvency II Regulatory Reporting
• Lead the preparation, review, and submission of Solvency II regulatory reports, including Quantitative Reporting Templates (QRTs), ensuring accuracy and adherence to regulatory deadlines.
• Oversee the preparation and review of the Solvency and Financial Condition Report (SFCR) and Regular Supervisory Report (RSR), where applicable.




• Ensure compliance with relevant Solvency II regulations, reporting standards, and internal governance requirements.
• Manage reporting calendars, review processes, reconciliations, and quality assurance controls.
• Monitor regulatory developments and assess their implications for actuarial reporting and business processes.

B. Actuarial Valuation & Technical Provisions
• Oversee the calculation, validation, and analysis of Solvency II technical provisions, including Best Estimate Liabilities (BEL) and Risk Margin.
• Review actuarial assumptions relating to mortality, longevity, morbidity, lapses, expenses, and other relevant risk factors.
• Analyse movements in technical provisions and provide explanations for material variances.
• Ensure appropriate reconciliation between Solvency II, local statutory, and other applicable reporting bases.
• Challenge actuarial results and assumptions to ensure consistency, robustness, and compli

📌 Manager - Solvency II Reporting (Actuarial) (Gurugram)
🏢 Aviva India
📍 Gurugram

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