Pramerica Life Insurance - Assistant Manager - Actuarial (2-8 yrs)

- We are looking to Actuarial candidates in our Actuarial Department.

- Required candidates with around 3-8 years of working experience either in Valuation, candidates should be from the Life Insurance domain.

- Positions are based on HO Office in Gurgaon.

Job Specifications Valuation & IFRS:.

- Working experience in a Domestic life insurance company.

- Perform monthly valuation work per Indian Statutory requirements, prepare necessary summary reports of the monthly valuation results and explain movements in reserves.

- Perform monthly and quarterly solvency margin calculations in accordance with IRDAI requirements.

- Identify Individual and group life policy data issues and work with IT/Admin team to fix them.

- Maintenance of DCS tool and valuation data along with necessary compliance controls and audit checks.

- Preparing various quarterly and annual IRDAI submission pertaining to ARA, AAAR, Actuarial Forms BAP submission, public disclosures etc.

- Performing asset share roll-forward to manage profitability and reserves of Par business.

- Performing declared bonus calculations and assist in handling requirements of the WPC committee of the Company.

- Work on implementation of IFRS 17.