Job Description
Roles and Responsibilities:

Monthly/Quarterly/Yearly reserve calculation activities and related deliverables
Monthly, quarterly and annual IRDAI submissions pertaining to ARA, AAAR, solvency statement etc.
Submissions for Auditors, Board and internal management
Preparation of submissions for IndAS 104
Compiling data for Peer Review
Data checking, Prophet model/DCS UAT and movement of reserves
Analysis of reserves and assistance in explaining the variance
Delivering on multiple ad-hoc requirements/regulatory reporting
Efficiency and accuracy of the process for statutory valuation

Candidate Requirement:
Graduate in Statistics/Mathematics/Economics/Commerce
4 Core Principles Actuarial modules (preferably CS1, CS2, CM1,CM2) or 5-6 CT equivalent exams under old curriculum from IAI or IFoA
1 2 years of experience (Indian life insurance industry experience in reporting preferred)
Good knowledge of Prophet, DCS and excel
Strong analytical and reasoning skills
* HDFC Life does not charge applicants any recruitment fee or a deposit in return for job offers. HDFC Life does not authorize any third party to make employment offers, refer or place candidates, for a fee charged to the applicant.

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Other details
Department:General / Other SoftwareIndustry:Banking / Financial ServicesSkills:recruitment, reporting, actuarial, retesting, uat, cs2, offers, data analysis, prophet, life insurance, solvency, analytical, reserves, insurance, dcs, valuation, compatibility testing, ct, statutory, customer relationsEducationOther

Recruiter detailsCompany Name: HDFC Standard Life Insurance CompanyCompany Description:
Company Profile
HDFC LIFE INSURANCE COMPANY LIMITED

HDFC Life, one of India s leading private life insurance companies, offers a range of individual and group insurance solutions. It is a joint venture between Housing Development Finance Corporation Limited (HDFC), India s leading housing finance institution and Standard Life plc, the leading provider of financial services in the United Kingdom.
HDFC Life s product portfolio comprises solutions, which meet various customer needs such as Protection, Pension, Savings, Investment and Health. Customers have the added advantage of customizing the plans, by adding optional benefits called riders, at a nominal price. The company currently has 37 retail and 8 group products in its portfolio, along with 9 optional riders catering to the savings, investment, protection and retirement needs of customers.
HDFC Life continues to have one of the widest reaches among new insurance companies with about 500 branches in India touching customers in over 900 cities and towns. The company has also established a liaison office in Dubai. HDFC Life has a strong presence in its existing markets with a strong base of Financial Consultants. For more information, please visit our website, www.hdfclife.com
Company Info