Group Manager - Actuarial - GGY Axis - Modeling - Pune
Group Manager - Actuarial - GGY Axis - Modeling - Pune
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Salary Not Disclosed
1 Vacancy
Job Description
Job DescriptionPrimary Model Developer for Moodys AXIS model which is set up for a major Variable Annuity product sold by Client in the and deliver various quarterly model changes like Assumption Updates New business setup improving model independent testing and impact quantification and justification. Detailed documentation and communication regarding model changes with wider work done by junior members ensuring quality of work product during time sensitive strong stakeholder/client touchpoint for Testing Valuation and Risk Management teams for support on business and model related queries. QualificationsBachelors degree in actuarial science/Math/Stats/Engineering/Computer or equivalent quantitative disciplineTotal 8-10 years of experience in US life insurance with minimum 4-6 years of life/Annuity actuarial modeling in Moodys AXIS8-10 actuarial papers - ideal requirement Skills requiredGood knowledge of US Life insurance and specifically Variable Annuity products (Fixed Indexed Annuity Guaranteed Minimum Income/Death/Withdrawal benefits Indexed Linked Annuities Group Annuities Payouts)Excellent technical knowledge of US STAT/GAAP regulations (PBR NY DFS Reg 213 LDTI DAC)Expertise in Actuarial modeling - Moodys AXIS (such as handling scenarios Formula tables application of overrides awareness of significant switches in reserving assumption sets)Understanding of calculation of AXIS cashflows and reserves on a first principle coding and troubleshooting skills in GGY AXIS modelling of Hedging Asset Liability modelling and derivatives in Moodys AXIS is an added working knowledge of the relevant actuarial concepts and analytical ability and ability to drive various process and analytical improvement initiatives within the communication execution and people management skills.
Qualifications :
Bachelors degree in Science (Statistics/Mathematics/Economics) papers cleared in Actuarial science (SOA preferred)
Remote Work :
Yes
Employment Type :
Full-time
Employment Type
Remote
Company Industry
Key Skills
- Fashion Retail
- Forklift
- Developmental Disabilities Experience
- Management Experience
- Mediation Experience
- Serving Experience
- Warehouse Experience
- Product Management
- Alternative dispute resolution
- Leadership Experience
- Supervising Experience
- Social Work
