About the role
Job Description
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
Qualifications
WORK EXPERIENCE:
Min 2 - 4 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)