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Actuarial Analyst

Location:..., Mumbai, Maharashtra, India
Job Type:Permanent
Posted:9th Feb 2010
Closing Date:9th Dec 2011
Posted By:Jobs4Actuary.com
Details:
Actuarial Analyst

Position: Manager Actuarial (US GAAP)

Company: Insurance Organization

Location: India

Job ID: 18947



RESPONSIBILITIES:

- Job Reports to AVP Actuarial.
- The purpose of this role is to facilitate US GAAP reporting to the promoters of the company.
- Timeliness and accuracy of results produced.
- Adequacy of process documentation and process improvements.


QUALIFICATIONS:

- Proficiency in excel required; knowledge of actuarial software (e.g. Prophet) will be an advantage.
- Min 2 year’s actuarial experience out of which at least 1 year USGAAP actuarial reporting experience.
- US GAAP reporting.
- IFRS reporting.
- The successful candidate will be able to explain the appropriate US GAAP principles and apply them in calculating them for calculating insurance reserves for conventional and unit linked policies, deferred acquisition costs (DAC) and DIR, supportability of DAC calculations, unlocking calculations and shadow adjustments.
- Familiarity with SOX requirements in relation to this work would also be expected
 
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