General Manager - Actuarial

Niva Bupa Health Insurance; Gurugram District; On-site; INR 3,000,000 - 5,200,000; Full time

Job summary

Niva Bupa Health Insurance seeks a senior leader to head Reserving, IFRS and Regulatory Reporting. You will lead end-to-end reserve estimation, IFRS17 reporting, and critical regulatory submissions for internal and external stakeholders.

The role requires actuarial qualification with health/GI specialization, strong experience in IFRS17, and expertise in risk and reserve modelling to ensure data integrity and robust reporting processes.

Qualifications

• Near qualify/ qualified - Actuary, Specialization in health/GI will be preferred

Responsibilities

• IFRS17 and Group reporting activities.
• Manage IFRS 17 system rollout (OFSAA).
• Prepare, analyse, and communicate actuarial reserves.
• Local regulatory reporting including IndAS 17/IFRS17.
• Maintain and enhance actuarial reserving models.
• Prepare and maintain actuarial documentation.
• Respond to queries from auditors and regulators.
• Identify opportunities to streamline and automate reserving and reporting.

Skills

IFRS17 reporting

Regulatory reporting

Actuary

OFSAA rollout

Reserving analytics

Data integrity

Education

Actuary

Health/GI specialization

Tools

OFSAA

Job description

The job holder will be a Head of Reserving, IFRS and Regulatory Reporting. Candidate will be Involved in end to end reserve estimation, IFRS 17 reporting and other reporting to internal and external stakeholders.

Key Responsibilities:

• IFRS17 reporting and Group reporting activities.
• Manage IFRS 17 system rollout (OFSAA)
• Prepare, analyse, and communicate the actuarial reserves for various lines of businesses
• Local regulatory reporting activities including IndAS 17/IFRS17
• Maintain and enhance actuarial reserving models to ensure data integrity and model accuracy.
• Prepare and maintain actuarial documentation.
• Respond to queries from auditors and regulators.
• Identify opportunities to streamline and automate reserving and reporting processes to improve efficiency and accuracy.

Key Requirements - Education & Certificates

• Near qualify/ qualified - Actuary, Specialization in health/GI will be preferred

Key Requirements - Experience & Skills (Must have)