Senior Manager – ERM
ICICI Prudential Life Insurance
India
2-6 Years
Job Description
Job description
Responsibilities
- Assessing risks for new group products and developing strategies to mitigate those risks
- Review reinsurance arrangements
- Regular experience monitoring of group business
- Development / Re-calibration of predictive model for demographic risk (such as mortality risk, early claims propensity model etc.)
- Calibration of economic and demographic shock factors
- Collaborate with various teams to enhance risk management practices
- Preparing presentation & report for risk Committee.
- Key Competencies
- Ability to work in a dynamic work environment and willingness to contribute to organizational goals
- Better understanding of reinsurance arrangement, group business
- Exposure to at least 2-3 areas of work including prophet modeling, financial risk, reinsurance, group business, embedded value, business planning, pricing, statutory reporting etc.
- Proficient in statistical models
- Ability to analyze the output and explain the results to the management
- Around 2-6 years of experience working in Actuarial function within the Life insurance industry (Core company/Actuarial consultants)
- Cleared 6-10 actuarial papers
- Proficiency in Excel/VBA, MS Office and Prophet software.
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JOB TYPE Permanent Job
INDUSTRY Insurance
FUNCTION Finance.
SKILLS
STATUTORY REPORTING,REINSURANCE,EMBEDDED VALUE,PROPHET SOFTWARE,STATISTICAL MODELS,ACTUARIAL,FINANCIAL RISK,BUSINESS PLANNING,PRICING.
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