Actuarial Manager @ SBI Life

Job Description

Position Title: Associate / Sr. Associate / Assistant Manager

Location:  Corporate Office, SBI Life, Andheri (E), Mumbai

Experience: Fresher -4/7 years of Experience 

Role: Pricing / Group Pricing / Statutory Valuation / Shareholder Reporting / Modelling / Experience Analysis / Research

Qualification:Graduate or Post-graduate with 2 to 4 of CM / CS / CB / CP level passes / exemptions from the Institute of Actuaries of India or the Institute and Faculty of Actuaries, UK.

Key Responsibilities:

• Development of new products and features
• Product pricing and strategy
• Statutory Valuation as per extant Regulations using Prophet models
• Generating pricing quotations for group business
• Shareholder reporting EV calculation using Prophet models
• Maintenance of existing Prophet models, DCS Code and developing further as per requirement
• Responsible for compliance with various statutory / procedure requirements and monitoring performance on quality parameters by generating MIS Reports.

 The role would involve working closely with the Marketing / Product Development / Operations / Finance / Planning & Budgetary Control

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Rs 0 - 50K PM Rs 50K - 1 LPA Rs 1.0 - 1.5 LPA Rs 1.5 - 2.0 LPA Rs 2.0 - 2.5 LPA Rs 2.5 - 3.0 LPA Rs 3.0 - 3.5 LPA Rs 3.5 - 4.0 LPA Rs 4.0 - 4.5 LPA Rs 4.5 - 5.0 LPA Rs 5 - 6 LPA Rs 6 - 7 LPA Rs 7 - 8 LPA Rs 8 - 9 LPA Rs 9 - 10 LPA Rs 10 - 12 LPA Rs 12 - 14 LPA Rs 14 - 16 LPA Rs 16 - 18 LPA Rs 18 - 20 LPA Rs 20 - 22 LPA Rs 22 - 24 LPA Rs 24 - 26 LPA Rs 26 - 28 LPA Rs 28 - 30 LPA Rs 30 - 32 LPA Rs 32 - 34 LPA Rs 34 - 36 LPA Rs 36 - 38 LPA Rs 38 - 40 LPA Rs 40 - 42 LPA Rs 42 - 44 LPA Rs 44 - 46 LPA Rs 46 - 48 LPA Rs 48 - 50 LPA Rs 50 - 75 LPA Rs 75 Lakh - 1C PA Rs 1 Crore+ PA

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