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Manager - Actuarial job in Bangalore

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Bangalore Navi

Job Ref:  dXN5y5qja0JS
Employer:  Navi
Sector:  Banking & Finance
Qualifications:  Fully Qualified Actuary
Software:  Python
R
Job Type:  Full Time
Salary and Benefits:  Competitive
Remote:  No

Location

Country:  India
City:  Bangalore
Post Code:  Not specified
Map: 

Description

Hiring Manager - Shantanu GaurAbout Navi

Navi is one of the fastest-growing financial services companies in India providing Personal & Home Loans, UPI, Insurance, Mutual Funds, and Gold. Navi's mission is to deliver digital-first financial products that are simple, accessible, and affordable. Drawing on our in-house AI/ML capabilities, technology, and product expertise, Navi is dedicated to building delightful customer experiences.

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.
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