Administrative Officer - Actuarial
CurrentAssisting the Appointed Actuary (AA) at NIA to- Determine premium rates for RSBY (Rashtriya Swasthya Bima Yojana) for various states of India- Develop provisions for IBNR (Incurred but not reported) and IBNER (Incurred but not enough reported) for NIA’s Indian and foreign business- Compile IBNR report, annexure and incurred claim ratio analysis for IBNR purposes- Assist on responding to IRDA queries- Prepare the Financial Condition Report (FCR)- Report claims and closed claims analysis over the yearsAssist Health & other departments to help their product offerings attain compliance with applicable IRDA regulationsPricing Analysis of different NIA products, such as Family Floater Mediclaim policy and Super-Top Up plan