Job Description:
- Good knowledge in data handling, actuarial valuation, modelling and concepts
- Strong understanding of various product features and lines of business in Life, annuities with guarantees products etc.
- Undertakes data analytics used in process translates the requirements for critical data elements
- Good knowledge in the calculation of cash values, account values, surrender values, benefit calculation based on option value, etc.,
- Perform the valuation across life business
- Able to produce validation and provide gap assessment during testing with solutions. Supports with documentation & other requirements
WORK EXPERIENCE:
Min 5 - 8 years’ experience in the Life Insurance/ Variable Annuities domain (For Senior Analyst) with 3 Actuarial papers preferable
Soft Skills:
- Strong communication skills – Verbal & Written
- Ability to work through stringent timelines
- Proficient in MS Office Suite
- Experience using actuarial software and policy systems (Prophet, MG alfa etc)
Desirable:
- Should possess the ability to think out of the box – contingency management
- Good decision-making skills
- Life and annuity valuation experience
- Able to develop data mapping and downstream testing in valuation models
- Should be a team player able to work on IC roles as well.
Behavioural Competencies:
- Decision making ability & Attention to detail
- Team players with a ready disposition to learn
- Professional mannerisms
- Customer Centric
- Committed and reliable
- Versatile and adaptable
Communication Skills:
- Ability to have conversations with the client teams, related to the process is essential
- Ability to have robust conversations while maintaining a high level of customer service and maintaining composure
- Ability to utilise effective listening skills
- Pick up on direct and indirect queries from customers and understand and comprehend the customer’s needs
- Ability to distinguish between enquiries and complaints (including level of complaint)