Actuarial Analyst - Life

Proposed designation
- Analyst

Role type
- Individual Contributor

Reporting to
- Manager

Geo to be supported
- UK

Work timings: 11.30 to 20.00

Work mode: Hybrid

Mandatory Skills
Qualifications: Graduate/Post graduate with a strong background
in mathematics and statistics
0-1 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 at least 2 actuarial exams (with
CM1 pass being mandatory) from any of these institutes.
Preferred Skills
Personal drive and positive work ethic to deliver results within
tight deadlines and in demanding situations without
compromising on quality, and ethical standards and values
Excellent written and verbal communication skills
Team player
Self-driven
Ability to work independently and motivate team members
Knowledge of modelling software like

#LI-SD2

Primary Responsibilities
Actuarial Audits: Audit of the client's half-yearly and yearly valuation
systems for true and fair view.
IFRS current and proposed IFRS 17[Assumptions, methodology,
controls and results] review
Solvency II [Assumptions, methodology, controls and results including
Technical provisions, SCR] review
IFRS to SII Technical Provision movements
Modelling: Modelling of reserves, risk margin, embedded value for various
life products; model testing and validation.
Advisory support
Appraisal Value/Transactions/Embedded Value Review: Provide
transaction and due diligence support to the client; including perform
independent validation of Embedded Value calculations.
Assist client with understanding and implementing the new regulations
e.g. IFRS 17, etc.
Assist with actuarial system transformation

#LI-SD2