ALM (Asset Liability Management)
Est. 1987 Life Insurance JV
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Highlights:

1.50 - 3.00 Years
12.00 - 14.00 INR (Lacs)/Yearly
Full-time
Pune

Skills

Excellent Communication Skills
Excellent inter-personal skills
MS Excel

Roles & Responsibility

Perform monthly asset liability management. Responsible for Ins AS 104 reporting. Complete the economic capital exercise required for year-end reporting. Assist in any ad-hoc requirements for Risk Management Committee. Support in implementation of FRA and IFRS 17. 1. Asset- liability management - Asset and Liability Cash-flow generation using excel/Prophet - Duration Computation etc… 2. Ind AS 104 reporting - Classification of Insurance and investment contracts - Computation of value of Liabilities - YTD Reconciliation of Liabilities - Computation of Reinsurance Asset etc… 3. Economic Capital - Determination of Shock parameter - Asset and Liability Cash-flow generation using excel/Prophet - Calculation of Economic Capital for various risks 4. Forward Rate Agreement - Cash-flow generation using excel/Prophet - Optimizing interest rate hedging using derivatives like Forward Rate Agreements 5. IFRS 17 implementation - Build understanding and Support Business requirements Internal Clients Roles you need to interact with inside the organization to enable success in your day to day work  Investments: To collate inputs required for carrying out monthly ALM and Economic Capital  Finance/IT: To collate data for Ind-AS reporting  Actuarial: To provide necessary inputs for IRDA reporting from economic capital and ALM perspective External Clients Roles you need to interact with outside the organization to enable success in your day to day work  Not anticipated

Requirements

Educational Qualifications a) Qualifications Minimum Qualification Required: 5-10 actuarial exams with CT5 and CT8 as primary requirements. Desirable: ST5/ST6 or strong knowledge of various Financial instruments b) Work Experience Minimum 2 years of work experience Desirable to have work experience in ALM