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Senior Manager Actuarial, Defined Benefit

3 - 8 years

5 - 10 Lacs

Posted:1 week ago| Platform: Naukri logo

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Skills Required

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Work from Office

Job Type

Full Time

Job Description


Actuarial Strategy : Developing and implementing actuarial strategies and policies that align with the organization's financial objectives, risk management, and regulatory compliance. Team Leadership : Managing and providing guidance to a team of actuaries, analysts, and support staff responsible for performing actuarial calculations, modeling, and analysis. Risk Assessment : Assessing and analyzing risks associated with insurance products and financial investments, including pricing, reserving, and underwriting decisions. Pricing and Product Development : Collaborating with product development teams to determine appropriate pricing for insurance products and ensuring they are competitive in the market. Financial Modeling : Creating and maintaining financial models to evaluate the financial performance of insurance products, investment portfolios, and the overall organization. Regulatory Compliance : Ensuring that actuarial practices and calculations comply with regulatory requirements, accounting standards, and industry regulations. Reserving and Claims Management : Managing the process of reserving for future claims and assessing the financial impact of current and future claims on the organization's financial statements. Statistical Analysis : Utilizing statistical and mathematical techniques to evaluate data, analyze trends, and make projections related to actuarial and financial risks. Capital Management : Overseeing the allocation and optimization of capital resources to meet solvency and capital requirements. Product Innovation : Contributing to the development of new insurance products and investment strategies based on actuarial analysis and market research. Stakeholder Communication : Communicating actuarial findings and insights to senior management, stakeholders, and regulatory authorities. Financial Reporting : Preparing financial reports, statements, and disclosures for external and internal reporting purposes.

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