Job Description
1. Good understanding of IFRS 17 concepts including IFRS balance sheet and profit and loss statement, basic GMM and PAA approach, ability to implement and updgrade/update the templates, preparing 2. To conduct, review and report the monthly reserving for various General Insurance lines of business. Communicate clearly all findings and significant movements in any of the portfolios to finance and all 3. Conduct and review with the team the quarterly and annual BAP IRDA reporting tasks and annual 4. Conduct and review annual and quarterly Asset liability management assessment
6 Work with all the teams in reviewing and development of the strategic plan.
8 Completion of tasks on time and at desired standards including documentation and audit trails
Education • At least 5 Actuarial exams cleared
• Awareness of competitive landscape in the Indian General Insurance market and IRDA
• Experience of ResQ reserving software and other statistical analysis software like R, SAS, SQL
Experience • Minimum prior experience of 3-5 years working in an insurance and/or actuarial consultancy is