4 Axis Max Life Insurance Chief Manager Jobs

Role & Responsibilities:

• Responsible for quarterly and annual IRDAI submissions pertaining to ARA, AAAR, actuarial Forms submissions etc.
• Business planning projections for the Company including monthly analysis of plan vs actual variances.
• Handling and Managing queries from Peer Reviewer, Statutory Auditor and IRDAI on sufficiency of reserves and solvency position.
• Responsible for setting economic and expense assumptions to be used in valuation.
• Justify movements in monthly reserves two finance and supervisor compared to the movement expected as per Business Plan.
• Computing different MoS parameters of the company.
• Review of methodology followed for global reserves and their management.
• Asset Share roll forward on monthly basis to manage profitability and reserves in Participating business.
• Ownership of date generation tools and valuation data.
• Support in improvements of existing valuation process.
• Reporting of IND AS 104 consistent numbers for consolidation purposes with parent company.
• Review of various processes and deliverables.
• Support in timely delivery of any other ad-hoc regulatory reporting/requirements.
• Perform other responsibilities and duties assigned by supervisor.
• Participate actively on cross-functional / operational task forces.

Preferred Candidate Profile:

• Relevant work experience of 7+ years in Life Insurance Actuarial Domain
• Graduation/Post Graduation with mathematics/statistics or any subject with sizeable mathematical content
• Good progress on actuarial exams (9-12 actuarial papers)
• Experience of statutory valuation / reporting experience