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53 Chief Manager Jobs

Chief Manager - Actuarial

6-10 years

Gurgaon / Gurugram

1 vacancy

Chief Manager - Actuarial

Axis Max Life Insurance

posted 8hr ago

Job Role Insights

Flexible timing

Job Description

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

Employment Type: Full Time, Permanent

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What Chief Manager at Axis Max Life Insurance are saying

3.6
 Rating based on 19 Chief Manager reviews

Likes

Work life balance for support function.. ops people are always tied up with deadlines and follow ups..

  • Job security - Good
  • +2 more
Dislikes

Lack of digital penetration, opportunities to learn, low pay scale and increments.

  • Skill development - Poor
Read 19 Chief Manager reviews

Chief Manager salary at Axis Max Life Insurance

reported by 134 employees with 13-20 years exp.
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₹11.9 L/yr - ₹31.8 L/yr
At par with the average Chief Manager Salary in India
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What Axis Max Life Insurance employees are saying about work life

based on 5.4k employees
52%
46%
54%
99%
Flexible timing
Monday to Saturday
Within city
Day Shift
View more insights

Axis Max Life Insurance Benefits

Job Training
Soft Skill Training
Health Insurance
Work From Home
Team Outings
Education Assistance +6 more
View more benefits

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