AVP - Shareholder Reporting | Scrabble

Posted on October 21, 2024

Job Description

<table class="Table" style="border-collapse:collapse; border:dotted windowtext 1.0pt"> <tbody> <tr> <td style="border:dotted windowtext 1.0pt; width:117.9pt; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="157"> Role Title (Designation) </td> <td style="border:dotted windowtext 1.0pt; width:344.35pt; border-left:none; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="459"> Senior Manager </td> </tr> <tr> <td style="border:dotted windowtext 1.0pt; width:117.9pt; border-top:none; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="157"> Division </td> <td style="border-bottom:dotted windowtext 1.0pt; width:344.35pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="459"> Actuarial Pricing (Products) - Group </td> </tr> <tr style="height:10.75pt"> <td style="border:dotted windowtext 1.0pt; width:117.9pt; border-top:none; padding:0cm 5.4pt 0cm 5.4pt; height:10.75pt" valign="top" width="157"> Department </td> <td style="border-bottom:dotted windowtext 1.0pt; width:344.35pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt; height:10.75pt" valign="top" width="459"> Actuarial </td> </tr> <tr> <td style="border:dotted windowtext 1.0pt; width:117.9pt; border-top:none; padding:0cm 5.4pt 0cm 5.4pt" width="157"> Level in Organisation </td> <td style="border-bottom:dotted windowtext 1.0pt; width:344.35pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="459"> 3 / 4 </td> </tr> </tbody> </table>   <table class="Table" style="width:464.4pt; border-collapse:collapse; border:none" width="619"> <tbody> <tr> <td colspan="2" style="border:dotted windowtext 1.0pt; background:#ddd9c3; width:462.25pt; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="616"> Role Purpose </td> <td style="border:none; padding:0cm 0cm 0cm 0cm" width="3">   </td> </tr> <tr> <td colspan="2" style="border:dotted windowtext 1.0pt; width:462.25pt; border-top:none; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="616"> The role would support development and implementation of the risk management framework </td> <td style="border:none; border-bottom:dotted windowtext 1.0pt" width="3">   </td> </tr> <tr> <td style="border:dotted windowtext 1.0pt; width:117.9pt; border-top:none; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="157"> Reporting Hierarchy    </td> <td colspan="2" style="border-bottom:dotted windowtext 1.0pt; width:346.5pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="462">   </td> </tr> <tr> <td style="border:dotted windowtext 1.0pt; width:117.9pt; border-top:none; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="157"> Reporting to </td> <td colspan="2" style="border-bottom:dotted windowtext 1.0pt; width:346.5pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="462"> Head of Pricing </td> </tr> <tr style="height:24.9pt"> <td style="border:dotted windowtext 1.0pt; width:117.9pt; border-top:none; padding:0cm 5.4pt 0cm 5.4pt; height:24.9pt" width="157"> Roles reporting to this role </td> <td colspan="2" style="border-bottom:dotted windowtext 1.0pt; width:346.5pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt; height:24.9pt" valign="top" width="462"> Senior Executive/Executive - Group Pricing </td> </tr> <tr> <td style="border:dotted windowtext 1.0pt; width:117.9pt; border-top:none; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="157"> Span of Control </td> <td colspan="2" style="border-bottom:dotted windowtext 1.0pt; width:346.5pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="462"> NA </td> </tr> <tr height="0"> <td style="border:none" width="157"> </td> <td style="border:none" width="459"> </td> <td style="border:none" width="3"> </td> </tr> </tbody> </table>   <table class="Table" style="border-collapse:collapse; border:dotted windowtext 1.0pt"> <tbody> <tr> <td colspan="2" style="border:dotted windowtext 1.0pt; background:#ddd9c3; width:462.25pt; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="616"> Responsibilities of the Job Holder  (Expectations of the Role) </td> </tr> <tr style="height:12.1pt"> <td style="border:dotted windowtext 1.0pt; width:117.9pt; border-top:none; padding:0cm 5.4pt 0cm 5.4pt; height:12.1pt" valign="top" width="157"> Heading </td> <td style="border-bottom:dotted windowtext 1.0pt; width:344.35pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt; height:12.1pt" valign="top" width="459"> Description </td> </tr> <tr style="height:12.1pt"> <td style="border:dotted windowtext 1.0pt; width:117.9pt; border-top:none; padding:0cm 5.4pt 0cm 5.4pt; height:12.1pt" valign="top" width="157"> 1. Group Pricing </td> <td style="border-bottom:dotted windowtext 1.0pt; width:344.35pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt; height:12.1pt" valign="top" width="459"> Regular working / monitoring / reviewing of Group Term Quotations

		<p>&nbsp;</p>

		<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span lang="EN-US" style="font-size:10.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">Regular monitoring of Group Schemes, Mortality Experience Analysis</span></span></span></span></p>

		<p>&nbsp;</p>

		<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span lang="EN-US" style="font-size:10.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">Liaising with Reinsurer, Legal and Compliance teams for RI treaty / addendum closure</span></span></span></span></p>

		<p>&nbsp;</p>

		<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span lang="EN-US" style="font-size:10.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">Filing and other work related to Group Products</span></span></span></span></p>

		<p>&nbsp;</p>

		<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span lang="EN-US" style="font-size:10.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">Developing new ideas and schemes for group business</span></span></span></span></p>
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	</tr>
	<tr style="height:12.1pt">
		<td style="border:dotted windowtext 1.0pt; width:117.9pt; border-top:none; padding:0cm 5.4pt 0cm 5.4pt; height:12.1pt" valign="top" width="157">
		<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span lang="EN-US" style="font-size:10.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">2. Team Management</span></span></span></span></p>
		</td>
		<td style="border-bottom:dotted windowtext 1.0pt; width:344.35pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt; height:12.1pt" valign="top" width="459">
		<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span lang="EN-US" style="font-size:10.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">Heading the group pricing team </span></span></span></span></p>

		<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span lang="EN-US" style="font-size:10.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">Regular training and development of team members</span></span></span></span></p>
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	</tr>
	<tr style="height:12.1pt">
		<td style="border:dotted windowtext 1.0pt; width:117.9pt; border-top:none; padding:0cm 5.4pt 0cm 5.4pt; height:12.1pt" valign="top" width="157">
		<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span lang="EN-US" style="font-size:10.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">3. Stakeholder Management</span></span></span></span></p>
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		<td style="border-bottom:dotted windowtext 1.0pt; width:344.35pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt; height:12.1pt" valign="top" width="459">
		<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span lang="EN-US" style="font-size:10.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">Coordinating with internal as well as external stake-holders viz. Sales Team, Compliance, Legal, Underwriting, Claims and Operations Teams, Reinsurer etc. </span></span></span></span></p>

		<p>&nbsp;</p>

		<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span lang="EN-US" style="font-size:10.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">Assisting Business Planning / Finance teams for inputs related to company&rsquo;s annual business plans </span></span></span></span></p>
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</tbody>

</table>   <table class="Table" style="border-collapse:collapse; border:dotted windowtext 1.0pt"> <tbody> <tr> <td colspan="2" style="border:dotted windowtext 1.0pt; background:#ddd9c3; width:462.25pt; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="616"> Qualifications </td> </tr> <tr style="height:13.0pt"> <td style="border:dotted windowtext 1.0pt; width:27.9pt; border-top:none; padding:0cm 5.4pt 0cm 5.4pt; height:13.0pt" valign="top" width="37"> 1 </td> <td style="border-bottom:dotted windowtext 1.0pt; width:434.35pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt; height:13.0pt" valign="top" width="579"> Master’s / Bachelor’s Degree in Mathematics, Statistics / Actuarial Science / Business Administration </td> </tr> <tr> <td style="border:dotted windowtext 1.0pt; width:27.9pt; border-top:none; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="37"> 2 </td> <td style="border-bottom:dotted windowtext 1.0pt; width:434.35pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="579"> 2/3 CT subjects of Actuarial Examinations (Preferably CT1, CT3, CT5, CT6) </td> </tr> <tr> <td style="border:dotted windowtext 1.0pt; width:27.9pt; border-top:none; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="37"> 3 </td> <td style="border-bottom:dotted windowtext 1.0pt; width:434.35pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="579"> Minimum 3-5 Years’ experience in Group Pricing, Life Insurance </td> </tr> </tbody> </table>   <table class="Table" style="border-collapse:collapse; border:dotted windowtext 1.0pt"> <tbody> <tr> <td colspan="3" style="border:dotted windowtext 1.0pt; background:#ddd9c3; width:462.25pt; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="616"> Skill Requirements </td> </tr> <tr> <td style="border:dotted windowtext 1.0pt; background:#ddd9c3; width:27.9pt; border-top:none; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="37">   </td> <td style="border-bottom:dotted windowtext 1.0pt; background:#ddd9c3; width:229.5pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="306"> Functional Skills </td> <td style="border-bottom:dotted windowtext 1.0pt; background:#ddd9c3; width:204.85pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="273"> Soft Skills </td> </tr> <tr> <td style="border:dotted windowtext 1.0pt; width:27.9pt; border-top:none; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="37"> 1 </td> <td style="border-bottom:dotted windowtext 1.0pt; width:229.5pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="306"> Good understanding of insurance business (Group) </td> <td style="border-bottom:dotted windowtext 1.0pt; width:204.85pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="273"> Proficient in English </td> </tr> <tr style="height:3.5pt"> <td style="border:dotted windowtext 1.0pt; width:27.9pt; border-top:none; padding:0cm 5.4pt 0cm 5.4pt; height:3.5pt" valign="top" width="37"> 2 </td> <td style="border-bottom:dotted windowtext 1.0pt; width:229.5pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt; height:3.5pt" valign="top" width="306"> Updated knowledge on IRDAI regulations </td> <td style="border-bottom:dotted windowtext 1.0pt; width:204.85pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt; height:3.5pt" valign="top" width="273"> Good Communication & Analytical Skills </td> </tr> <tr> <td style="border:dotted windowtext 1.0pt; width:27.9pt; border-top:none; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="37"> 3 </td> <td style="border-bottom:dotted windowtext 1.0pt; width:229.5pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="306"> Working knowledge of the systems and processes </td> <td style="border-bottom:dotted windowtext 1.0pt; width:204.85pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="273"> Capability to manage multiple stakeholders </td> </tr> </tbody> </table>   <table class="Table" style="border-collapse:collapse; border:dotted windowtext 1.0pt"> <tbody> <tr> <td colspan="3" style="border:dotted windowtext 1.0pt; background:#ddd9c3; width:450.95pt; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="601"> Any Other Specific Requirements </td> </tr> <tr> <td style="border:dotted windowtext 1.0pt; width:27.5pt; border-top:none; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="37"> 1 </td> <td style="border-bottom:dotted windowtext 1.0pt; width:110.4pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="147"> Preferred Industry </td> <td style="border-bottom:dotted windowtext 1.0pt; width:313.05pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="417"> Actuarial - Life Insurance </td> </tr> <tr> <td style="border:dotted windowtext 1.0pt; width:27.5pt; border-top:none; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="37"> 2 </td> <td style="border-bottom:dotted windowtext 1.0pt; width:110.4pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="147"> Key attributes </td> <td style="border-bottom:dotted windowtext 1.0pt; width:313.05pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt" valign="top" width="417"> <ol> <li style="text-align:justify">Expert Knowledge of MS / VB / SQL</li> <li style="text-align:justify">Expert knowledge of insurance products and Risks</li> </ol> </td> </tr> </tbody> </table>

Job Description

		<p>&nbsp;</p>

		<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span lang="EN-US" style="font-size:10.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">Regular monitoring of Group Schemes, Mortality Experience Analysis</span></span></span></span></p>

		<p>&nbsp;</p>

		<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span lang="EN-US" style="font-size:10.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">Liaising with Reinsurer, Legal and Compliance teams for RI treaty / addendum closure</span></span></span></span></p>

		<p>&nbsp;</p>

		<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span lang="EN-US" style="font-size:10.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">Filing and other work related to Group Products</span></span></span></span></p>

		<p>&nbsp;</p>

		<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span lang="EN-US" style="font-size:10.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">Developing new ideas and schemes for group business</span></span></span></span></p>
		</td>
	</tr>
	<tr style="height:12.1pt">
		<td style="border:dotted windowtext 1.0pt; width:117.9pt; border-top:none; padding:0cm 5.4pt 0cm 5.4pt; height:12.1pt" valign="top" width="157">
		<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span lang="EN-US" style="font-size:10.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">2. Team Management</span></span></span></span></p>
		</td>
		<td style="border-bottom:dotted windowtext 1.0pt; width:344.35pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt; height:12.1pt" valign="top" width="459">
		<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span lang="EN-US" style="font-size:10.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">Heading the group pricing team </span></span></span></span></p>

		<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span lang="EN-US" style="font-size:10.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">Regular training and development of team members</span></span></span></span></p>
		</td>
	</tr>
	<tr style="height:12.1pt">
		<td style="border:dotted windowtext 1.0pt; width:117.9pt; border-top:none; padding:0cm 5.4pt 0cm 5.4pt; height:12.1pt" valign="top" width="157">
		<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span lang="EN-US" style="font-size:10.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">3. Stakeholder Management</span></span></span></span></p>
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		<td style="border-bottom:dotted windowtext 1.0pt; width:344.35pt; border-top:none; border-left:none; border-right:dotted windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt; height:12.1pt" valign="top" width="459">
		<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span lang="EN-US" style="font-size:10.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">Coordinating with internal as well as external stake-holders viz. Sales Team, Compliance, Legal, Underwriting, Claims and Operations Teams, Reinsurer etc. </span></span></span></span></p>

		<p>&nbsp;</p>

		<p><span style="font-size:12pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span lang="EN-US" style="font-size:10.0pt"><span style="font-family:&quot;Calibri&quot;,sans-serif">Assisting Business Planning / Finance teams for inputs related to company&rsquo;s annual business plans </span></span></span></span></p>
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