Tags: Actuarial, IEV, Prophet
Role Title: Shareholder Reporting Manager
Employer: Leading Life Insurance Company
Required Experience: 2–3 Years
Location: Mumbai
Date published: 2 October 2026
A Leading Life Insurance Company is seeking an analytical Shareholder Reporting Manager to deliver market-consistent valuation metrics.
The Shareholder Reporting Manager must combine meticulous modeling capabilities with strong knowledge of Indian Embedded Value (IEV) and Value of New Business (VNB).
Key Responsibilities
- Support the end-to-end monthly, quarterly, and annual shareholder financial reporting cycles, focusing on IEV and VNB deliverables.
- Perform detailed step-by-step variance analyses, movement analyses, and economic attribution reviews on actuarial results.
- Ensure absolute accuracy and completeness of model outputs through structured reconciliation routines and validation controls.
- Collaborate actively with Finance, IT, and external consulting stakeholders during formal financial closure periods.
- Support assumption-setting updates, Prophet model enhancements, UAT runs, and continuous process optimization.
- Compile thorough, audit-ready documentation and evidence files to support statutory and internal audit reviews.
- Drive automation initiatives across core actuarial reporting models to improve computational efficiency and turnaround times.
Requirements and Qualifications
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, Engineering, or a related quantitative field.
- Cleared a minimum of 4 professional actuarial examinations from the Institute of Actuaries of India (IAI) or IFoA.
- 2-3 Years of actuarial experience within Life Insurance, Reinsurance, or Actuarial Consulting firms.
- Hands-on experience in shareholder reporting, statutory valuation, or actuarial cash-flow modeling.
- Demonstrated proficiency with specialized actuarial modeling software (Prophet, RAFM, or AXIS) and advanced MS Excel.