About Navi
Navi is one of the fastest growing financial services companies in India providing Personal & Home Loans, Insurance and Mutual Funds with a digital first approach. At Navi, our mission is to build financial services that are simple, accessible and affordable.
Founders: Sachin Bansal & Ankit Agarwal
Know what makes you a Navi_ite :
1.Perseverance, Passion and Commitment
Passionate about Navi's mission and vision
Demonstrates dedication, perseverance and high ownership
Goes above and beyond by taking on additional responsibilities
2.Obsession with high quality results
Consistently creates value for the customers and stakeholders through high quality outcomes
Ensuring excellence in all aspects of work
Efficiently manages time, prioritizes tasks, and achieves higher standards
3.Resilience and Adaptability
Adapts quickly to new roles, responsibilities, and changing circumstances, showing resilience and agility
Key Responsibilities:
- To work upon various types of health insurance products pricing, preparation of technical notes and working closely with the product and underwriting team on product design and market-research.
- Design and define key matrix for tracking product performance and generating business insights.
- Preparation of reports for annual valuations, financial condition reports, asset-liability report, economic capital and other actuarial projects.
- Coordinate with internal teams for any IRDAI related requirements and queries.
- To work towards bringing efficiency and maximum automation in various actuarial projects.
Key Requirements
- An Associate or nearly qualified Actuary with 5-7 years of experience in reserving or pricing the retail insurance products preferably Health lines of business, with a focus on the Indian Insurance market
- Experience in working on various regulatory actuarial reports e.g. Annual valuation, FCR, ALM, EC etc.
- Strong knowledge of Insurance related regulations, actuarial standards of practice, actuarial modeling techniques and various statistical analysis
- Excellent problem-solving skills with an ability to handle complex actuarial calculations
- Strong communication and interpersonal skills, with the ability to effectively present complex concepts and findings to non-actuarial audiences
- Attention to detail, high levels of accuracy, and excellent organizational skills.
- Ability to work independently as well as collaboratively within a team.
- Experience of managing project team both upwards and downwards stakeholder management
- Hands-on experience with R/Python and MS Office.
