Job Description

• Proposed designation: Consultant
• Role type: Individual Contributor
• Reporting to: Manager
• Geo to be supported: US
• Work timings: 11.30 to 20.00
• Work mode: Hybrid

Primary Responsibilities

Actuarial Audits:

• Audit of the client’s half-yearly and yearly actuarial reserves for true and fair view.
• Review of USGAAP and US Stat current and proposed assumptions,
• cash flows, controls and results
• Independent policy level recalculations of US Life and Annuities products

Advisory support

• Modelling and model validation support on multiple actuarial platforms
• Appraisal Value/Transactions/Embedded Value Review: Provide transaction and due diligence support to the client; including performing independent validation of Actuarial calculations.
• Assist client with understanding and implementing the new regulations e.g. LDTI, etc.
• Assist with actuarial system transformation

Mandatory Skills

• Qualifications: Graduate/Post-graduate with a strong background in mathematics and statistics
• 4-6 years of relevant Actuarial experience. Member of Institute of Actuaries (UK) , SoA and CAS of US and/or Institute of Actuaries of India and must have passed 6 or more actuarial exams (with CM1 pass being mandatory) from any of these institutes.
• Knowledge of modelling software like Prophet, Axis or languages like Python etc
• Excellent written and verbal communication skills

Preferred Skills

• USGAAP and USSTAT exposure, with working knowledge of US annuity products (FIA, VA, MYGA and IA).

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