Lead Analyst Actuarial Modeling

1 month ago

Bangalore, India Empower Full time
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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.

The Actuarial Modeling Senior Analyst will work with MG-ALFA and GGY AXIS systems actuarial valuation models to generate financial results and analysis. The Sr. Analyst will bring actuarial valuation/modeling/experience studies technical and systems expertise. 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.
Subject matter expert (SME) in GGY AXIS and MG-ALFA valuation/modeling/experience studies.

Educational Qualification:
Bachelor's/Master's degree in actuarial science, statistics, math's or equivalent is required.
At least 3 actuarial exam credits.
Good actuarial exam progress.

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.
Builds 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:
4-6 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. #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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