Citizen Life Insurance Vacancy for Actuarial Analyst

Narayan Adhikari

May 17, 2024

Citizen Life Insurance Company Limited (CLICL) is one of the aspiring life insurance companies in Nepal and has already expanded throughout the country. In line with our expansion and replacement we are insightful for the number of candidates for various positions as mentioned below.

Published Date: Jestha 3, 2081

Notice:

Job Detail:

Actuarial Analyst

Major Roles and Responsibilities

  • Conduct research on emerging insurance trends, innovative products, and regulatory changes; prepare research reports, documentation to communicate findings, recommendations, and potential implications to stakeholders.
  • Collaborate with all cross-functional teams.
  • Assist in the design and development of new life insurance products.
  • Analyze product performance, persistency and risk exposures.
  • Recommend product modifications and enhancements based on experience analysis.
  • Assist on annual statutory actuarial valuation tasks.
  • Assist in reinsurance arrangement analysis and treaty pricing.
  • Administer policies ceded to reinsurers, including premium/recovery calculations.
  • Develop an understanding of the risk-based capital (RBC) framework and regulatory requirements applicable to the life insurance business.
  • Contribute to the preparation of RBC reports; support the development and implementation of strategies to maintain adequate capital levels and optimize the company's risk adjusted capital position.
  • Potential responsibilities in experience analysis, assumption setting, financial reporting, risk management etc

Essential Qualification & Skills

  • Bachelor's degree from an accredited university.
  • Passed at least 3 actuarial professional exams.
  • Minimum 3 months of post-graduation work experience in the Nepali insurance industry or actuarial consulting firms.
  • Advance knowledge of MS Excel, MS Word, and MS Power Point and related applications. Excellent written and verbal communication skills in both English and Nepali language.

How To Apply

To Apply for the post Please visit https://citizenlifenepal.com/category/career/

Last Date of Submission

Jestha 17, 2081

For More Detail:

Corporate Office:

L.S. Complex, Thapathali, Kathmandu

Telephone: 01-5970217, 5316000

URL: www.citizenlifenepal.com


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