Actuarial Officer job at NIC Life Assurance Ltd

JOB DETAILS:
Purpose
Analyzing data, conducting risk assessments, and providing insights that help shape the company’s insurance products and pricing strategies.

Duties and Responsibilities
Actuarial
• Perform actuarial analysis and risk assessments on various insurance products during the annual valuations.
• Analysis value of new business, embedded value and assets liability management valuations.
• Identifying liabilities and risks
• Using advanced statistics and modeling to understand data.
• Produce reports on analysis findings.
• Identify trends within the business i.e. production trends, persistence trends, and lapse trends.
• Helping to review existing products in line with their design and pricing.

• Identifying new sources of data and verifying the data sources

• Developing processes for improved data analysis and reporting.

Financial & Regulatory Reporting
• Inputs to regulatory reports i.e. financial condition report, solvency, risk based capital reports, returns, UIA, FIA and others as assigned.
• Support…

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