Experience: 2 to 4yrs
Location Trivandrum (WFO)
As part of the growing actuarial function at Allianz Services India, you will be required to work closely with actuarial teams of other operating entities of Allianz. You will be involved with both projected based activities like model development/model testing and also BAU activities such as actuarial valuation of life insurance products.
Duties & Responsibilities
- Support in risk and profitability assessment for life and health portfolios
- Support in value of New Business, Market Consistent Embedded Value , Market Value Balance Sheet , Return on Risk Capital valuations
- Support in Balance sheet and Solvency Risk Capital internal formula model change impact studies; (Assets and liabilities interactions model)
- Support on requirements around Solvency II, IFRS 4, IFRS17
- Provide support on the various modeling initiatives and ensure proper documentation is in place
- Contribute to the process improvement initiatives.
Qualification & experience
- 1-3 years of relevant actuarial experience into the Life insurance domain
- Knowledge of any actuarial platforms like MoSes, RAFM, Prophet, AXIS etc
- Master’s in Actuarial Science/Statistics/Mathematics/B.Tech with good academic background
- Student member of a recognized Actuarial Institute such as IFoA, IAI, SOA etc. Passed 1 to 3 actuarial exams
- Sound knowledge of the Life insurance actuarial principles Knowledge of IFRS17, Solvency II is an advantage
- Good communication skills, both verbal and written, with ability to interact with customers from different geographical areas
- Good with Microsoft Office tools such as Excel, Access, Word, PowerPoint Good knowledge of SQL and can work with databases
- Knowledge of any programming languages such as R/SAS/Python is an advantage but not mandatory Excellent analytical skills with attention to details Ability to work within a team
