Team Leader - Actuarial - Life Insurance (5-12 yrs)

Reponsilbilities:

1)Oversee and Perform calculations in Periodic Valuation/new projects

- Ensure that the required data is available for monthly valuation in time in required format.

- Processing of information using reasonable knowledge of actuarial principles and methods.

- Plan, direct and perform various computations using models

- Modifying models as required with appropriate documentation

-Run complex models independently

2)Compile and analyse results for Periodic Valuation/new projects

- Analysing results

- Ensuring appropriate checking of results

- Recommending changes required based on checks

- Performing cause-effect analysis to check reasonability

3)Responses to queries

- Resolving simple queries

- Effectively helping other teams understand the results

- Understand, explain / overcome implication of results and limitations of models

Identify relationships and interactions among data to create information

- Participating effectively in the discussions and discussing moderately complex technical information in lay or business terms as per requirement

4)Compile and analyse results for Experience Analysis

- Compile Results of various experience analysis

- Analyse the trends and steps to be taken to control deterioration of some of the rates.

5)Reporting

- Drafting sections allocated of yearly reporting to IRDA,

- Drafting sections allocated of quarterly reports to Board such as Solvency Report, FCR etc

- Assisting other teams with drafting their sections of reporting (if required).

- Ensure correctness of various D returns prepared by Juniors

6)Managing the team on a task by task basis

- Plan and direct execution of a project with guidance

- Guide junior members on running simpler models

- Clarify work objectives and deliverables to ensure a clear understanding of business requirements

- Set priorities for tasks in order of importance

- Ensure objectives are set and agreed on and projects are delivered within negotiated tolerances

- Make sound decisions about how best to do work so that it has the greatest business benefit with some supervision

- Set personal and team goals and monitor their attainment

-Provide inputs to performance review of junior staff