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Openings With Pnb Metlife In Actuarial @ MetLife

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 Openings With Pnb Metlife In Actuarial

Job Description

Job Description - Actuarial Prophet Modelling.

Position: Senior Executive/Assistant Manager.

Context & Role:

Role requires a good understanding of actuarial pricing concepts and cash flows of life insurance products.
Role requires effective management of various stakeholders requirements. Therefore, quick turn-around-time without compromising accuracy of calculations is necessary.

Key Responsibilities:

Building pricing model in excel/prophet

Assist in assumptions setting for pricing

Preparation of filling formalities

Building/Validation of excel calculators for Benefit Illustration

Handling customer/IT queries related to benefit calculations

Meeting any pricing related regulatory requirement within specified timelines

Meeting any requirements from management regarding new products within timelines

Measures of Performance

Based on internal performance measurement process
Setting and achieving the goals covering the key responsibilities and pricing activities

Desired qualifications and experience

Any graduate / post-graduate with at least 5 actuarial papers where CT5/CM5 is compulsory
Up to 3 years of relevant experience in pricing, modelling or reporting roles in a life insurance company.

Knowledge and skills required

Good working knowledge in MS-Excel and MS-Word. Knowledge of Prophet is preferable.
Good drafting, reporting and communication skills.
Able to champion the use of technology within the function to improve the business performance

Other skills

Good coordination skills and communication skills

Ability to handle pressure and work with tight timelines

Fair understanding of insurance market landscape

Good interpersonal skills

A customer eccentric approach (customers may be defined as either internal or external)

Employement Category:

Employement Type: Full time
Industry: Insurance
Role Category: Acturial Science
Functional Area: Not Applicable
Role/Responsibilies: Openings With Pnb Metlife In Actuarial For

Contact Details:

Company: Pnb Metlife India
Location(s): Mumbai

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MetLife

PNB MetLife India Insurance Company Limited (PNB MetLife) is one of the leading life insurance companies in India. PNB MetLife  has as its shareholders MetLife International Holdings LLC (MIHL), Punjab National Bank Limited (PNB), Jammu & Kashmir Bank Limited (JKB), M. Pallonji and Company ...