Chennai, Tamil Nadu
Job Summary
Purpose of Role
- To understand complex actuarial calculations coded in Legacy systems or Excel models
- To perform actuarial calculations for Surrender, Maturity, Death, Projection and Review requests
- To carry out testing of calculations built in Excel models, present the results, identify errors, improve models
- Work closely with the Team Lead and complete assigned tasks well in time to achieve SLAs
- Training junior team members on actuarial calculations
- To drive efficiency and process improvements in the team
Key Responsibilities
Key Task and Responsibilities
- To deliver accurate and compliant actuarial support to Operations and external clients to achieve and at times exceed service standards.
- Ensuring full procedures are in place.
- Calculation of both complex lifecycle and non-lifecycle referrals.
- Provide support for Operations on a wide range of technical actuarial queries.
- To ensure that all enquiries are recorded correctly on the Company Systems, in order for work to be scheduled to the individual and the team and to provide an audit trail.
- To undertake any other duties as may be deemed appropriate by your Team Leader.
Skill Requirements
Education/Qualifications
Essential
Graduation in Actuarial Science/Mathematics/Statistics/Engineering/Science/Commerce
Desirable
BSC/MSC Actuarial Science or BSC Mathematical or Financial subject
Student member of Institute of Actuaries of India/Institute and Faculty of Actuaries, UK
Specific Job Skills
Good Communication and Interpersonal Skills
Good MS Office Skills
Other Requirements
NA
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