<p><b>What role you will play in team:</b> You will be a key member of the actuarial team, contributing to the financial soundness of LIC's operations.</p><p><b>What you will do:</b> You will analyze data, develop models, and assess risk.</p><p><b>Key responsibility:</b><ul><li>Developing and maintaining actuarial models for pricing, reserving, and capital management.</li><li>Analyzing financial data and preparing actuarial reports.</li><li>Assessing risk and developing mitigation strategies.</li><li>Conducting sensitivity analyses and scenario planning.</li><li>Ensuring compliance with actuarial standards and regulations.</li><li>Collaborating with other departments to provide actuarial support.</li><li>Staying abreast of industry trends and developments.</li></ul></p><p><b>Required Qualification and Skills:</b><ul><li>Actuarial Science degree or equivalent.</li><li>Relevant professional actuarial qualifications (e.g., ACIA, FIA).</li><li>Strong analytical and modeling skills.</li><li>Proficiency in actuarial software.</li><li>Excellent communication and presentation skills.</li><li>Experience in life insurance actuarial functions.</li></ul></p><p><b>Benefits Included:</b><ul><li>Competitive salary and benefits package.</li><li>Excellent opportunities for professional development and career progression.</li><li>A challenging and rewarding environment.</li><li>Working in a stable and prestigious organization.</li><li>Opportunities to make significant contributions to the industry.</li></ul></p><p><b>A Day in the Life:</b> A typical day involves data analysis, model development, risk assessment, and collaboration with various teams across the organization.</p>