STStar Union Dai Ichi Life Insurance Sud Life
Actuarial Trainee
Mumbai ₹3-6 LPA Posted 15 Sept 2025
FULL TIME
Ms Office
Product Development
Data Management
IRDA
Job Description
- Calculation of monthly statutory reserve.
- Setting product and Maintenance of Model in Prophet.
- Preparation of regulatory reports.
- Checking and validation of data.
- Maintain and enhance of DCS coding.
- Performing experience analysis (e.g. mortality, persistency etc.)
- Coordination across various departments
- Responsible for pricing and filling the product to IRDAI
- Developing pricing models and determining premium rates
- Filing of new products or modification of existing products with IRDAI
- Risk analysis of all factors: sensitivity (interest rate, mortality, expenses), strain & break-even analysis
- Replying to queries from IRDA, Product Development team, IT and other teams.
- Managing needs of different departments including valuation, Operation, IT, Legal etc. - Performing UAT