12/02 Somosree Mukherjee
Senior Consultant at Talks About People HR Solutions

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Actuarial Analyst - ALM (3-9 yrs)

Maharashtra/Pune Job Code: 410510

Actuarial

Job location - Magarpatta, Pune

Description :

- Indicative years of experience : 3Yrs -9 Yrs

Role Description : Develop, test and maintain applications with established processes while building holistic understanding of the underlying applications and domain

Key Responsibilities :

- Develop and maintain technical designs based on requirements

- Develop application code for programs while following coding standards

- Develop and execute unit tests

- Complete Analysis & documentation as required by the project

- Support application testing and resolve test defects

- Report status updates as required by the project

- Follow established project execution processes

- Resolve queries/issues and provide Application/functional support to peers & juniors

- Build holistic understanding of applications & underlying domain being supported

- Knowledge sharing

- Running Liability valuation models.

- Provision calculation, Principal Based Reserving

- Experience analysis (Lapse& Mortality).

- Basis Setting.

- Month on Month Reserve reporting.

- ALM

- Preparing Actuarial Abstract

- Solvency Calculation.

- Analysis of Surplus

- Data analysis

- Meet onshore stakeholder's expectations on quality and timeliness.

- Pricing of life insurance products - participating, non-participating including unit linked

- Reserving of life insurance products, Risk based capital, Solvency II

- Reporting functions, ALM, Experience studies, modelling

- Data base management using SAS, R

- Prior knowledge of actuarial software ALPHA would be an advantage

Qualifications :

Education : Graduate - Bachelor's degree (any stream)

Other : Strong technical skills. Knowledge of SDLC.

- Good aptitude, positive attitude, strong reasoning and communication skills. Must be a good team player. Good analytical skills, research oriented.


- Sound knowledge of Principal Financial Group specific application.


- Ability to resolve questions/issues related to the application as a Subject matter expert, ability to communicate with various stakeholders.

Competencies :

- Make sound business decision

- Embrace Change

- Build strong Partnership

- Get results

- Act Strategically

- Lead Cultivate Talent

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