Associate Actuary Solvency II


Job Description

  • Minimum prior experience of 8 years working in an insurance and/or actuarial consultancy is required.
  • An ability to understand, interpret and communicate complex regulation.
  • Experience of regulatory capital.
  • Experience with internal models and internal model application processes.
  • Experience with ORSAs.
  • Experience with stress tests and reverse stress tests.
  • Experience in conduct and compliance issues faced by general insurers.
  • Experience in designing and reviewing regulatory disclosures and market reporting.
  • Experience with risk management frameworks and governance.
  • A good understanding of finance and risk process and controls.
  • Specialist Solvency II insurance regulatory knowledge supporting the above and ability to apply it in partnership with tax, actuarial and restructuring specialists.

  • Skills Required

    • We seek creative and well-rounded self-starters who have both the qualitative and quantitative aptitude to excel in a challenging and highly competitive environment. Actuarial sciences, engineering, mathematics, statistics or economics backgrounds are preferred.
    • Adequate and sufficient experience in general insurance pricing/reserving is a must.
    • Undergraduate degree and at CT Series Exams and any one of the ST, CA1 or SA Exams from Institute of Actuaries of India/ Institute of Actuaries, UK or at least 5 CAS Exams.
    • Superior analytical, research and problem-solving skills.
    • Good working knowledge of actuarial reserving/pricing software.
    • Advanced mathematical / financial / statistical aptitude.
    • Strong computer application skills, specifically Excel, Access and Visual Basic Application.
    • Ability to multi-task and work effectively in a fast-paced team environment.
    • Keen attention to detail.
    • Strong oral and written communications skills.

    • Interested candidates can mail their resumes at lalita.gupta@futuretrack.org