Great Lakes Insurance SE
Senior Client Accounts Technician
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Your Role
Assist the Head of Valuation in carrying out all functions of the team, including the valuation of Munich Re India Branch Life & Health reinsurance business liabilities for statutory and internal reporting purposes, preparation of financial reports and analyses, and ensuring compliance with internal and external requirements relating to valuation of liabilities.
- Support the implementation of IFRS 17 as per local regulatory guidelines
- Carry out the valuation of Life and Health business in South Asia (Statutory IRDA reporting, Solvency II, IFRS, actuarial modelling on AXIS)
- Prepare corporate actuarial reports (IFRS reporting, business planning, solvency capital monitoring, shareholder reporting, regular interaction with the Finance team)
- Share insights relating to business monitoring (experience analysis, monitoring and reporting)
- Carry out the operations of the data management framework within the function
- Support internal stakeholders such as Business Development, Pricing and Underwriting teams
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Your Profile
Education & Experience
- Actuarial professional who has completed Stage 1: Core Principles series (all 7) from IAI India or equivalent
- Strong commitment to completing the actuarial qualification
- Experience in a life insurance or reinsurance company’s valuation team preferred
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Competencies
- Strong computer skills: Microsoft Excel, Power Query and SQL (essential), and VBA (preferred)
- Exposure to actuarial software preferred (AXIS preferred)
- Exposure to Indian statutory reporting, Solvency II and IFRS 17 preferred
- Excellent technical and analytical skills, with a logical and concise approach and strong attention to detail
- Self-motivated and able to work within a team environment; outcome-focused
- Strong communication skills, with professional working proficiency in English (written and verbal)
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