About this role
Role Overview
- 3-10 years’ of actuarial experience in life insurance.
- Should have passed 4-12 actuarial exams.
- Experience of working in international markets such as US. Experience with Indian market will also be preferred. Good working knowledge of US-GAAP LDTI is preferable.
- Must have exposure in data handling, actuarial modeling, experience analyses, EV reporting, statutory reporting, ALM and model testing & validation.
- Experience working with GGY Axis, MG Alpha and Prophet will be an added advantage. Experience in SQL/Python/R is desirable but not mandatory.
- Advanced life insurance and actuarial knowledge, strong technical, analytical, problem solving and interpersonal skills, effective communicator to superiors, peers and subordinate, good command of the English language.
- Must contribute towards new business development such as assessing pain areas for our clients, generating solutions for clients.
- Identify and participate in continuous improvement initiatives.
- Ensure compliance with Data Privacy and Protection Guidelines.
Key Responsibilities
- Complete understanding of the current state of affairs and problem statement
- Interacting with clients on regular basis, understanding their requirements and transforming that into business framework and providing actuarial solutions
- Work on transformation/automation initiative.
- Build actuarial models for life insurance products.
- Perform UAT testing, Unit testing, regression testing etc. for Actuarial model testing & validation.
- Excellent written and verbal communication skills
Candidate Profile
- Bachelor’s/Master's degree in economics, mathematics, actuarial sciences.
- Affiliation to IAI, SoA or IFOA.
- At least 3-10 years’ experience, with good understanding of Life products - pricing, experience studies, modeling, reserving and valuation.
- Exposure to US life insurance market is preferable.
- Experience of working in international markets such as US or India. Good working knowledge of US-GAAP LDTI is preferable but not mandatory.
- Exposure to polysystem, MG Alpha, GGY Axis, Prophet and/or any other modelling tool will be an added advantage. Experience in SQL/Python/R is desirable but not mandatory.
- Strong ability to learn technical and business knowledge.
- Superior analytical and problem solving skills.
- Outstanding written and verbal communication skills.
- Able to work in fast pace continuously evolving environment and ready to take up uphill challenges.
- Is able to understand cross cultural differences and can work with clients across the globe.