Sibin Francis

Associate Consultant

Gurugram, Haryana, India5 yrs 11 mos experience

Most Likely To Switch

Key Highlights

Actuarial Analyst with strong analytical skills.
Experience in IFRS 17 and Solvency II compliance.
Passionate about solving real-world business problems.

Stackforce AI infers this person is a Fintech professional with a focus on actuarial science and data analysis.

Contact

Skills

Core Skills

Actuarial ScienceData Analysis

Other Skills

ACMAActuarial ConsultingActuarial OutsourcingAnalytical SkillsAssumptions settingBusiness PlanningCommunicationCryptocurrencyData CleaningDecisivenessFinanceIFRS 17IFRS 17 DisclosuresInsuranceInterpersonal Skills

About

I’m an actuary pursuing fellowship qualification from IFoA, UK. Currently I'm working as an Actuarial Analyst at WTW in the Insurance Consulting and Technology (ICT) business with 1+ years of experience in the Life Outsourcing domain. Professional exams cleared: CM1, CS1, CB1-2 (4/13) I'm a diligent and organised person with strong grounds in Mathematics and Statistics. With an analytical bend of mind and a keen interest towards technology, finance, business and investments, I love to find solutions for real world business problems. Let’s connect!

Experience

Wtw

Actuarial Analyst

Jun 2024 – Present · 1 yr 9 mos · Gurugram, Haryana, India · Hybrid

Majorly involved in carrying out monthly and quarterly valuation of Assets side for Sun Life UK (Now acquired by Phoenix group UK).
Involved in carrying out asset data checks to ensure the received data is fit for the valuation purpose.
Collated the major market statistics each month from BoE, StateStreet and S&P Global websites.
Involved in setting up assumptions under IFRS 17 and SII regimes for the purpose of quarterly liability valuations.
Calculating different manual reserves for the QE valuation purpose.
Setting up runs in Trinity using the assumptions prepared to calculate the quarterly reserves.
Used checking templates to ensure the reasonableness of reserves calculated and provided comments on its movement under each AoC step.
Prepared reporting spreadsheets which will be presented in client meetings.
Carried out the quarterly process of calculating base Solvency Capital Requirement (SCR), MCR and RM figures under Solvency II basis, along with its different sensitivity scenarios.
Involved in checking the EaR (Earnings at Risk) results.
Carried out Data Reconciliation tasks for different LoBs to ensure that the quarterly received data reconciles with RAFM output.
Involved in ACMA (Assumption Changes and Management Actions) by bringing in assumption updates and preparing runs along with checking the results.
Involved extensively in business planning under SII regime to project the dividends payable to shareholders.
Carried out L&S (Lift & Shift) testing to ensure smooth transition of processes from SLoC servers to Phoenix network.
Worked on solving auditor queries on RAFM models used for computations.
Involved in producing quarterly sensitivity Calculation Engines which computes different asset stresses.
Updating procedure documents to incorporate the new changes due to the transitions and carried out investigations wherever necessary.
Involved in collating the IFRS 17 disclosures figures of major companies for high-level analysis.