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Jul 31, 2024
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Senior Manager – ERM ICICI Prudential Life Insurance

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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.
    • 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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