We are hiring for an Associate Manager Actuarial role. Please find the below Key tasks and responsibilities for the same:

Domain: Life Insurance

Location: Noida / Chennai

Actuarial Experience: 6+ years

Purpose of the role

To check the results of legacy software and new software results provided in excel and/or result database.
To work in the Actuarial Team engaged in migration of models for UK Life insurance.
To Understand Customer needs and provide service as per companys operational standards, procedures.
To deliver all services as per specified standards of Quality and Timeliness
To oversee the day-to-day operation of the Team and performance
Promote a healthy and motivating work environment and atmosphere.
Identify training needs and provide coaching.
Listen to team members feedback and resolve any issues or conflicts.
To drive process improvements in the team

Key tasks and responsibilities

Develop spreadsheet models right from the scratch for the models of the Legacy Software using VBA, SQL, DB Visualizer, Visual Studio, Microsoft Power Automate etc.
Prepare the word specification of models of legacy software.
Cross check cashflows of excel model developed to that of legacy software and match with the last figures.
Identify the differences and amend the model to fix it.
Perform Individual testing, Block testing & Portfolio testing.
Document the entire process of modelling.
Test Excel or MS access cashflows of new software with that of excel models and/or legacy software.
Highlight the area of mismatch and discrepancy to the concerned team.
Investigate and provide the resolution to the concerned team.

Associate Manager Actuarial