Summary
Overview
Work History
Education
Skills
Interests
Accomplishments
Awards
EXTRA -CURRICULAR ACTIVITIES AND ACHIEVEMENTS
INTERNSHIP S
POSITIONS OF RESPONSIBILITY
OTHER INFORMATION
Certification
Timeline
Generic

MUSKAAN NARANG

Actuarial Lead
New Delhi

Summary

Experienced Actuarial Professional skilled in Solvency II and Value of the New Business Reporting. Efficient problem solver with a strong focus on results. Dedicated team player with exceptional work ethic and commitment to achieving organizational objectives.

Overview

6
6
years of professional experience
4034
4034
years of post-secondary education
10
10
Certifications

Work History

Actuarial Lead

Metlife Insurance Pvt. Ltd – India
10.2021 - Current

Solvency II Core Reporting

- Analyzed quarterly Solvency II modeled results and provided commentary on BEL, Reins Asset, analysis of earning and SCR numbers; created unmodelled adjustments in case of modeled limitations or discrepancies.

- Led discussions with stakeholders to identify scope and objectives, developed an effective work plan, and ensured projects are on track.

- Performed quarterly shareholding reporting of the value of the new business and presented results to the CFO, measuring the profitability of new and ongoing contracts based on various actuarial metrics.

- Performed Solvency II reporting for HoldCo. Entity.

- Prepared Quarterly Reporting Templates (QRTs).

Capital Management

- Performed quarterly reporting of net liability cashflows (for EIB and Non- EIB portfolios) using R Studio to the investment team for the purpose of asset liability matching.

- Part of the integral team involved in deciding the future company dividends based own funds and solvency position of the company.

- Prepared CFO Report every quarter reflecting the position of own funds and future predicted position considering future payables of the company.

- Involved in asset re-investment decisions considered on EIB portfolio between Investment and Capital management team.

- Worked upon S&P model which predicts the company's S&P Rating.

- Analyzed EIB Declarations rates prepared by different representatives of different countries under US GAAP team. Post analyzing the results in details, prepared EIB Declaration reported that is presented in Committee Meeting by stakeholder.

- Interacted with various teams onshore and different stakeholders directly.

Actuarial Analyst

Mercer
11.2019 - 10.2021
  • Funding and accounting valuation of defined benefit pension plans for various American clients which involves:
  • Handling and preparing data work related to specific companies for valuation.
  • Performing data checks for consistency and accuracy and preparing data reconciliation.
  • Performing gain and loss analysis which includes looking for reasons responsible for gain or loss that arises due to the difference between the actual experience and the experience based on actuarial assumptions.
  • Preparation of valuation reports, government forms and Accounting disclosures for the client
  • Develop and improve testing tools and engines.

Actuarial Retainer

Max Life Insurance
08.2019 - 11.2019
  • Perform User Acceptance Testing (UAT) of Benefit Illustrations across various platform.
  • Analysis of customer queries involving Actuarial calculations to determine benefit payable.
  • Establish Actuarial procedure and document them for internal use.

Education

B.Sc. Honours - Mathematics

Shaheed Bhagat Singh College
New Delhi, India
01.2016 - 01.2019

AISSCE - CLASS XII

Tagore International School
New Delhi, India
06.2016

AISSCE - Class X

Tagore International School
New Delhi, India
06.2014

Skills

Expertise

MS office

R Studio

VBA

Soft Skills

Leadership

Interpersonal Communication

Adaptable

Critical thinking

Quick Learner

Interests

Hobbies: Dancing, Acting and Adventurous Trekking

Accomplishments

  • Awarded a scholarship and certificate of appreciation for securing first position in first semester.
  • Pursuing Actuarial as a career, wherein I have Cleared 6 Core Technical Exams
  • CT1(Financial Mathematics).
  • CT2 (Finance And Financial Reporting).
  • CT3(Probability And Mathematical Statistics).
  • CT5(Contingencies)
  • CT7(Business Economics)
  • CT9(Business Management)

Awards

As a team member, awarded with “Team of the Quarter Award” in 2021.

EXTRA -CURRICULAR ACTIVITIES AND ACHIEVEMENTS

Attended National Peace Conference (2007), held in Mumbai. Represented Our Nation in France, Under French Exchange Programme Conducted a workshop on Vedic Math and Indian Culture.

INTERNSHIP S

  • Careers360, Shahpur Jat, Hauz Khas JAN 2018 - MARCH 2018
  • One stop destination for everything related for education and careers decisions
  • Was incharge of the key role of research analysis in Careers360
  • We learnt how to use up the processes of allocating weightage to patents, Infrastructure, students enrolled and PhD teachers and finally Rank universities.

POSITIONS OF RESPONSIBILITY

  • President of The Department of Mathematics Society (MathSoc) of Shaheed Bhagat Singh College from 2018-2019.
  • Organized The Annual Mathematical Fest of The Mathematical Society.
  • Represented The Mathematics department of the college during the NAAC visit to the college.
  • Conducted and Experienced few successful Business practices with a small team of schoolmates and teachers.

OTHER INFORMATION

Decent knowledge of HTML, Excel, C++ and R, which I learnt under college curriculum.

Certification

CM1

Timeline

Actuarial Lead

Metlife Insurance Pvt. Ltd – India
10.2021 - Current

Actuarial Analyst

Mercer
11.2019 - 10.2021

Actuarial Retainer

Max Life Insurance
08.2019 - 11.2019

B.Sc. Honours - Mathematics

Shaheed Bhagat Singh College
01.2016 - 01.2019

AISSCE - CLASS XII

Tagore International School

AISSCE - Class X

Tagore International School
MUSKAAN NARANGActuarial Lead