Manager - Actuary

Galaxy Health Insurance Company; Chennai District; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

Galaxy Health Insurance Company is seeking an experienced actuarial/finance professional in Chennai to lead risk assessment, data analysis, pricing, reserving, and financial modelling. The role focuses on solvency and capital management while ensuring regulatory compliance under IRDAI regulations.

The ideal candidate holds Fellow status under the Actuaries Act, 2006 and is a Fellow of the Institute of Actuaries of India, with 5+ years of relevant experience in the Indian insurance sector.

Qualifications

• The candidate should satisfy the requirements specified in IRDAI Regulations (Actuarial, Finance and Investment Functions of Insurers).
• Fellow member in accordance with the Actuaries Act, 2006.
• Fellow Member of the Institute of Actuaries of India (IAI).
• Experience in Indian Insurance landscape preferred with 5+ years.

Responsibilities

• Risk Assessment.
• Data Analysis.
• Insurance Pricing.
• Reserving.
• Financial Modelling.
• Solvency and Capital Management.
• Regulatory Compliance.

Skills

Risk Assessment

Data Analysis

Insurance Pricing

Reserving

Financial Modelling

Solvency & Capital

Regulatory Compliance

Education

Fellow - Actuaries Act 2006

Fellow of Institute of Actuaries of India

Job description

Role & responsibilities

• Risk Assessment,
• Data Analysis,
• Insurance Pricing,
• Reserving ,
• Financial Modelling,
• Solvency and Capital Management,
• Regulatory Compliance.

Preferred candidate profile

The candidate should satisfy the requirements specified in IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024 as amended from time to time.

A Fellow member in accordance with the Actuaries Act, 2006;

A Fellow Member of the Institute of Actuaries of India(IAI);

Preferably having experience in Indian Insurance landscape. Having atleast 5+ years of experience.