Deputy Manager/Manager_Stat Valuation _5-7year_Gurgaon

Location: Gurgaon
Discipline: Insurance, Actuarial Valuation
Job type: Permanent
Contact name: Vartika Mahobia

Contact email:
Job ref: 39794
Published: 1 day ago


Deputy Manager/Manager_Stat Valuation _5-7years_Gurgaon

Location- Gurgaon

Your Future Employer- A leading life insurance company in India, offers a range of life insurance plans and policies to ensure Lifetime Protection for you.

Job Responsibilities: -

  • Responsible for quarterly and annual IRDAI submissions pertaining to ARA, AAAR, actuarial Forms submissions etc.

  • Handling and Managing queries from Peer Reviewer, Statutory Auditor and IRDAI on sufficiency of reserves and solvency position.

  • Responsible for setting economic and expense assumptions to be used in valuation.

  • Justify movements in monthly reserves two finance and supervisor compared to the movement expected as per Business Plan.

  • Review of methodology followed for global reserves and their management.

  • Asset Share roll forward on monthly basis to manage profitability and reserves in Participating business.

  • Ownership of DCS tool and valuation data.

  • Support in improvements of existing valuation process.

  • Reporting of IND AS 104 consistent numbers for consolidation purposes with parent company.



  • Experience of statutory valuation / reporting experience shall be preferred.

  • Problem solving and decision-making skill.

  • Good understanding of Actuarial concepts and various Actuarial deliverables

  • Good knowledge of Prophet, MS Excel, VBA

  • Good communication and analytical skills


Requirements: -

  • Graduation/Post Graduation with mathematics/statistics or any subject with sizeable mathematical content

  • Good progress on actuarial exams.

  • Relevant work experience of 4-5 years in life insurance actuarial domain.


What is in it for you: -

  • Career Growth

  • Competitive Compensation

  • Work-Life Balance


Reach Us: If you think this role is aligned with your career, kindly write me a mail along with your updated CV on


Disclaimer: Crescendo Global is an ISO 9001:2015 certified Leadership Hiring consulting arm of Crescendo Group with expertise in mid to senior-level niche recruitment. We are passionate about empowering job seekers and employers with an engaging memorable job search and leadership hiring experience. Crescendo Global does not discriminate on the basis of race, religion, color, origin, gender, sexual orientation, age, marital status, veteran status, or disability status.


Note: We receive a lot of applications on a daily basis, so it becomes a bit difficult for us to get back to each candidate. Please assume that your profile has not been shortlisted in case you don't hear back from us in 1 week. Your patience is highly appreciated.


Keywords: Crescendo Global, Crescendo, Actuarial, Indian Life Insurance, Stat Valuation