0.0 - 4.0 years

0 Lacs

maharashtra

On-site

As an Actuarial Intern, you will play a key role in supporting various actuarial functions within the organization. Your primary responsibilities will include assisting in the conversion and valuation of different blocks of business, conducting model testing and validation exercises post model conversion, and developing cashflow models for insurance liabilities, investments, and derivatives. To excel in this role, you should have a strong understanding of US Life Products exposure, particularly traditional and/or annuity products. Additionally, you must possess knowledge of pricing, valuation, risk management, model development, model validation, cashflow testing, and ALM. Familiarity with AXIS or similar actuarial projection or valuation software is highly preferred. Your analytical skills will be put to the test as you tackle complex process problems and develop new functionalities and enhancements to existing models. You should be able to effectively manage multiple work assignments, meet time commitments, and communicate effectively both orally and in writing. In addition to your day-to-day responsibilities, you will be expected to perform experience analysis on insurance blocks, prepare income statements and balance sheets for financial models, and conduct movement analysis to monitor and explain changes in the company's capital position. Furthermore, you will support new business activities by evaluating capital requirements for potential acquisitions and reinsurance blocks, as well as provide ad hoc capital analysis and financial projections to support strategic initiatives. This internship opportunity will provide you with valuable hands-on experience in the actuarial field and the opportunity to work on diverse projects that will enhance your skills and knowledge in this specialized area.,

Posted 1 week ago

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