Sr. Manager- II - ERM SC

JOB DESCRIPTION

Responsibilities

.Identifying risks for new products and developing strategies to mitigate those risks

.Asset Liability Management (ALM)

.Hedging of interest rate and other market risks using derivative instruments

.Regular reporting of mortality, persistency and expense risks

.Development / Re-calibration of predictive model for demographic risk (such as mortality risk, early claims propensity model etc.)

.Resilience testing and economic capital working for risk Committee

.Preparing presentation & report for risk Committee

Key Competencies

.Motivated and willingness to contribute to organizational goals

.Basic understanding of different product structures and cashflows

.Ability to produce the output and perform basic checks

.Around 1-2 years of experience working in Actuarial function within the Life insurance industry (Core company/Actuarial consultants)

.Cleared 4-6 actuarial papers

.Proficiency in Excel/VBA and MS Office

.Basic knowledge of Prophet software

Key Additional Skills

.Better understanding of different product structures and underlying risks

.Exposure to multiple areas of work including prophet modeling, financial risk, embedded value, business planning, pricing, statutory reporting etc.

.Ability to analyze the output and explain the results to the management