
Lead – Valuation (Actuary)
Full Time On Site (Full Time) @Kotak Life posted 9 months ago in BankingJob Description
JOB DESCRIPTION
POSITION | Statutory Valuation |
DESIGNATION | Manager / Senior Manager |
POSITIONÂ /JOB CODE | JOB156 |
POSITION GRADE | L3 / L4 |
DEPARTMENT | Actuarial |
SUB DEPARTMENT | Valuation |
MANAGEMENT LEVEL | Middle |
OBJECTIVE OF THE ROLEÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â |
The successful candidate will be a member of the actuarial valuation team which is responsible for internal and external actuarial reporting. The selected candidate will work extensively on Par fund management, reserving, IRDAI reporting and among other activities. |
KEY RESPONSIBILITIES | Weightage |
|
 |
TOTAL | 100 % |
INTERACTIONS | |
Internal Relations:Â Pro-active teamwork with actuarial colleagues for meeting deliverables | External Relations:Â Interacting effectively with other departments in the organisation to achieve objectives |
REQUIRED QUALIFICATION AND SKILLS | |
Educational Qualifications:
Actuarial student with atleast 5 CT exam passes |
Work Experience:
This position is ideal for experienced candidates with minimum 1 year of experience in a life insurance company, valuation &/or EV experience will be preferred. |
Certifications: | |
Other skill set:
·         Advanced level knowledge of MS Excel and MS Access. VBA and SQL knowledge highly preferred. ·         Working experience on PROPHET and DCS – alternative software skills will also be considered ·         Strong number crunching and analytical skills ·         Ability to work independently ·         Effective communication skills |
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