Assistant Manager – Actuarial ALM

A Leading Life Insurance Company is seeking an analytical Assistant Manager – Actuarial ALM to join its reporting team in Mumbai. In this technical position, you will contribute directly to the construction and monitoring of corporate asset liability management strategies. Furthermore, you will analyze interest rate risks, cash flow matching, and reinvestment boundaries. Consequently, this role is critical for laying down the upcoming Ind AS financial infrastructure and optimization under the Risk-Based Capital (R RBC regime.

The Assistant Manager – Actuarial ALM must collaborate closely with Finance and Investment teams to ensure asset positions balance liability timelines. Additionally, you will calculate data parameters for quantitative impact studies (QIS) and satisfy shareholder reporting criteria. Therefore, the company is looking for a technical specialist with significant progress in professional actuarial examinations. If you want to refine advanced financial modeling systems, this Assistant Manager – Actuarial ALM role offers a stellar step.

Key Responsibilities

• Support the design and implementation of corporate Asset Liability Management (ALM) strategies.
• Monitor cash flow mismatches and compute continuous tracking matrices for duration gaps.
• Quantify portfolio exposure levels against systemic interest rate risks and reinvestment dynamics.
• Partner with internal Investment units to align strategic asset allocation targets with liability paths.
• Deliver accurate documentation for shareholder reporting packs and regulatory financial queries.
• Liaise with Finance teams to compile proforma files for the upcoming Ind AS transition.
• Reconcile model outputs across parallel accounting frameworks, comparing IGAAP and Group metrics.
• Set up internal data frameworks to predict solvency margins matching Risk-Based Capital rules.
• Analyze quantitative impact studies to identify structures for optimizing capital consumption.
• Compile technical summaries and ad-hoc actuarial risk analyses for parent group presentations.

Requirements and Qualifications

• Degree in Actuarial Science, Mathematics, Statistics, or related quantitative sciences.
• 3 to 4 years of professional experience inside an insurance actuarial department.
• Demonstrated progress in professional actuarial exams from an internationally recognized body.
• Strong logical problem-solving capabilities with solid knowledge of asset liability modeling.
• Excellent communication skills to translate complex actuarial results across Finance and IT units.