Analyst - SH Reporting

Group Company:

Designation: Analyst - SH Reporting (700090)

Office Location:

Years of experience: 0 to 2

Salary Range: INR to (Annual)

Position description:

Job Purpose

To accurately calculate various shareholder reporting and experience analysis numbers within stipulated time.

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Key Responsibilities

• To calculate and report the embedded value (EV) and value of new business (VNB) and perform detailed analysis of the same.

• To compare and find reasons for deviations between the actual numbers and planned business numbers

• To conduct experience analysis of persistency, mortality, expense, revival etc.

• To assist in setting assumption for EV as well as reserving.

•To perform User Acceptance Test on Prophet and DCS model

•To perform Risk Based Capital (RBC) calculation

•To calculate reserves for Ind-AS reporting

•To provide detailed process documentations and audit trail

•To create IRDAI reports and assist in preparing response for queries related to above work

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Specific Authorities (Financial & Non Financial): NA

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Key Performance Indicators

TAT Compliance = 100%

Accuracy = 100% (0 errors)

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Job Requirements

**Qualifications:**Graduate who has completed more than 4 papers

Functional Competencies

·         Risk Assessment

·         Actuarial Technical Expertise

·         Modelling Tools

·        Regulatory Knowledge 

Behavioral Competencies

·         Business Acumen

·         Growth through Differentiation definition

·         Building talent and teams definition

·         Customer centricity

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Key Interactions

Internal

Corporate planning**:**Reporting of EV/VNB/experience analysis for MIS

Finance team**:**Entries in Financials, Ind-AS reporting

**Tokio marine (JV)****:**Submission of EV/VNB/RBC reporting

Investment team**:**Inputs for EV/RBC

**CEO's Office:**Board requirements

**Actuarial – valuation:**Data and DCS related

**Actuarial – Pricing:**Products and pricing model related queries/discussion

External

Peers in other organizations**:**Discussion on industry practice

Additional Responsibilities:

Reporting Team

• Position Reporting To: Lead - SH Reporting (700092)
• Reporting Department: Shareholder reporting (700029)

Educational qualifications preferred

• Category:
• Field specialization:
• Degree:
• Academic score:
• Institution tier:

Required Certification/s:

Required Training/s:

Required work experience

• Industry:
• Role:
• Years of experience: to

Key Performance Indicators:

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Work Environment Details:

Specific requirements

• Travel:
• Vehicle:
• Work Permit:

Other details

• Pay Rate:
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• Compliance Related:
• Union Affiliation:

• Experience: 0+ years
• Seniority: No Prior Experience Required
• Education: Bachelor's degree required
• Languages: English