Consultant - Actuarial

•Proposed designation: Consultant

•Role type: Individual Contributor

•Reporting to: Manager

•Geo to be supported: US

•Work timings: 11.30 to 20.00

•Work mode: Hybrid

• •Audit of the client’s half-yearly and yearly actuarial reserves for true and fair view.
• •Review of USGAAP and US Stat current and proposed assumptions,
• •cash flows, controls and results
• •Independent policy level recalculations of US Life and Annuities products

• •Qualifications: Graduate/Post-graduate with a strong background in mathematics and statistics
• •4-6 years of relevant Actuarial experience. Member of Institute of Actuaries (UK) , SoA and CAS of US and/or Institute of Actuaries of India and must have passed 6 or more actuarial exams (with CM1 pass being mandatory) from any of these institutes.
• •Knowledge of modelling software like Prophet, Axis or languages like Python etc
• •Excellent written and verbal communication skills
• •USGAAP and USSTAT exposure, with working knowledge of US annuity products (FIA, VA, MYGA and IA).
• #LI-SD1
• #KGS

•Modelling and model validation support on multiple actuarial platforms

•Appraisal Value/Transactions/Embedded Value Review: Provide transaction and due diligence support to the client; including performing independent validation of Actuarial calculations.

•Assist client with understanding and implementing the new regulations e.g. LDTI, etc.

•Assist with actuarial system transformation