Mgr Actuarial Modeling

1 month ago

Bangalore, India Empower Full time
Grow your career with a growing organization

Whether they're helping people reach their long-term financial goals or providing personal wealth management strategies, every associate contributes to changing the lives of those we serve for the better. When it comes to job satisfaction, that's hard to beat. And from a personal satisfaction perspective, you'll enjoy the freedom to support causes that matter to you and experience a truly inclusive work environment. Your future starts now.

Job Description

The Actuarial Modeling Manager will work with MG-ALFA and GGY AXIS systems actuarial valuation models to generate financial results and analysis. The Manager will bring actuarial valuation/modeling/experience studies technical and systems expertise along with the working skills of Alteryx, SQL, and Excel VBA. The successful candidate will be a highly motivated, organized, and demonstrated expertise with applicable systems and data.

Primary Responsibilities:
  • Builds, maintains, and runs complex actuarial models.
  • Ensures compliance with department policies, actuarial standards, and applicable regulations.
  • Executes and documents support for key management internal controls.
  • Prepares GGY-AXIS / MG-ALFA results reports and financial analyses in support of financial and regulatory reporting.
  • Tools/Solution/Analysis development using Alteryx, SQL, and Excel VBA.
  • Team development, coaching and performance reviews.
  • Subject matter expert (SME) in GGY AXIS and MG-ALFA valuation/modeling/experience studies.
  • Expertise skills in Alteryx, SQL, and Excel VBA.


Educational Qualification:
  • Bachelor's/Master's degree in actuarial science, statistics, maths or equivalent is required.
  • At least 5 actuarial exam credits.
  • Good progress on actuarial exams.


Required skills and competencies:
  • Has conceptual knowledge of actuarial systems and transferring skills to processes.
  • Working knowledge of internal controls and model documentation
  • Can design solutions for actuarial model or data process issues.
  • Advanced proficiency in MS Office including Excel, Access, and VBA.
  • Strong communication skills.
  • Ability to produce complex results and provide initial analyses. Identifies and participates in implementing improvements.
  • Demonstrates strong work ethic and personal accountability.
  • Build collaborative and cooperative relationships.
  • Adjusts to changing events and priorities; displays a positive approach; focuses energy on determining possibilities.
  • Makes decisions within guidelines, controls, and policies that impact priorities and allocation of time to meet deadlines.
  • Manages costs (time) related to work.


Required Experience:
  • 8-12 years of actuarial services experience.
  • Experience of working on risk/financial/actuarial Modeling using any actuarial software such as GGY-AXIS and MG-ALFA. Working knowledge of Alteryx workflow and Excel VBA will be an added advantage.
  • Work shift timing is 1:30 PM TO 10:30 PM, Indian Standard Time.


This job description is not intended to be an exhaustive list of all duties, responsibilities and qualifications of the job. The employer has the right to revise this job description at any time. You will be evaluated in part based on your performance of the responsibilities and/or tasks listed in this job description. You may be required perform other duties that are not included on this job description. The job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reason, as per terms and conditions of your employment contract. #LI-DNI

We are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age, race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law.

COVID

COVID vaccinations are required for all individuals working in any Empower office location or who participate in in-person meetings and/or business activities, subject to state and local laws. Most Empower positions may require on-site presence on an occasional or regular basis and associates will need to provide proof of COVID vaccination, subject to state and local laws. Associates unable to comply with the COVID vaccination requirement due to medical reasons may request an accommodation.

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