Job Description

The Chief Manager - Actuarial Services will lead key actuarial functions including IRDAI submissions, business planning projections, and reserve management. This role involves setting assumptions for valuation, managing regulatory reporting, and addressing queries from auditors and regulators. Strong actuarial expertise, problem-solving skills, and independence are essential. Location - Gurugram (Work from Office) Your Future Employer - A leading organization in the life insurance industry, renowned for its robust corporate actuarial function and strong regulatory and financial reporting practices. Responsibilities - * Lead quarterly and annual IRDAI submissions (ARA, AAAR, actuarial forms, etc.).

• Conduct business planning projections, including monthly analysis of plan vs. actual variances.
• Address and manage queries from Peer Reviewer, Statutory Auditor, and IRDAI regarding reserve sufficiency and solvency.
• Set economic and expense assumptions for valuation purposes.
• Justify movements in monthly reserves in comparison to the expected movement as per the Business Plan.
• Manage asset share roll-forward on a monthly basis for profitability and reserve management in Participating business.

Requirements * Statutory valuation/reporting experience is preferred.

• Progress in actuarial exams (Minimum 9-12 papers)
• Proficiency in Prophet, MS Excel, SQL, VBA.

What is in it for you - * Opportunity to work with minimal supervision and lead key actuarial functions.

• Exposure to high-level decision-making and regulatory reporting processes.
• Collaborative work environment with cross-functional interaction.
• Growth potential within the company