Senior Manager – Valuation

A leading life insurance company is currently seeking a highly qualified professional for a Senior Manager – Valuation position based in Mumbai. In this role, the successful candidate will be fully accountable for end-to-end VNB reporting, including detailed month-on-month movement analysis. Furthermore, the role involves building robust and efficient processes for reporting while strengthening internal documentation. Consequently, this position is vital for maintaining the accuracy and integrity of the client’s valuation frameworks.

The Senior Manager – Valuation will support the preparation of regulatory reporting and internal risk reports such as Solvency Stress Testing and Economic Capital. Additionally, the individual will play a key role in ALM analysis, focusing specifically on duration and cashflow matching. Therefore, the client is looking for an analytical expert who can also handle the computation of the Cost of Residual Non-Hedgeable Risk.

Key Responsibilities

• Take full accountability for end-to-end VNB reporting and perform comprehensive month-on-month movement analysis.
• Build and maintain robust, efficient processes for VNB reporting to ensure high data integrity.
• Strengthen departmental documentation and process controls to meet internal and regulatory standards.
• Support the preparation of critical Regulatory Reporting and internal risk reports for senior management.
• Conduct Solvency Stress Testing and analyze metrics for Economic Capital and Risk-Based Capital.
• Execute detailed ALM analysis with a specific focus on duration matching and cashflow matching.
• Perform the technical computation of the Cost of Residual Non-Hedgeable Risk (CRNHR).
• Coordinate with cross-functional teams to ensure alignment on valuation bases and risk metrics.

Requirements and Qualifications

Technical Expertise and Experience

• Strong background in life insurance valuation with specific experience in VNB reporting.
• Deep understanding of Risk-Based Capital (RBC) frameworks and Solvency II principles.
• Proficiency in Asset Liability Management (ALM) techniques including duration and cashflow matching.
• Demonstrated ability to build and scale efficient actuarial reporting processes.

Skills and Attributes

• Advanced analytical skills with the ability to interpret complex movement analysis.
• Excellent documentation skills to ensure all valuation processes are clearly recorded.
• Strong communication skills for presenting risk and solvency reports to diverse stakeholders.
• Ability to manage high-pressure regulatory timelines with a focus on accuracy and detail.

What the Client Looks For

• A meticulous professional who takes complete ownership of end-to-end reporting cycles.
• A proactive individual dedicated to strengthening internal controls and process efficiency.
• An analytical thinker capable of navigating complex regulatory and risk-based reporting.

If you are a valuation expert ready to drive technical excellence for a premier life insurer, we encourage you to apply for this Senior Manager position today!