Senior Actuary

2 weeks ago

Hyderabad, Telangana, India Kshema General Insurance Limited Full time

About Us

Kshema General Insurance Limited (Kshema) was established in 2018 and is India's only Digital Agri Insurance Company, catering to farmers/cultivators in the Agriculture sector. Kshema enables cultivators with resilience from financial distress due to extreme climate events and perils through localised insurance products. Kshema is leveraging Technology to provide cutting-edge insurance solutions to farmers.

Kshema has a pan-India presence with more than 500+ employees on roles, along with 500+ employees as contractors.

Experience: Minimum 15 years

Qualification: Fellowship/Associateship with all actuarial exams cleared (IAI/IFoA or equivalent)

Role Overview

As a Senior Actuary, you will leverage your deep technical expertise and leadership skills to:

  • Design and review pricing strategies across motor, health, property, and commercial lines
  • Lead reserving and valuation exercises to ensure accurate liability measurement
  • Drive capital modeling (Solvency II/IRDAI norms) and reinsurance optimization
  • Mentor and develop a high-performing team of actuarial analysts

Key Responsibilities

  • Develop, validate, and maintain actuarial models (Prophet, Emblem, or equivalent)
  • Perform annual and quarterly reserve analyses; propose adjustments based on emerging trends
  • Partner with underwriting and finance teams to align pricing with risk appetite and profitability targets
  • Oversee IRDAI filings, statutory valuations, and submission of actuarial reports
  • Conduct experience studies and loss ratio analyses to refine assumptions
  • Guide capital adequacy assessments and stress testing for regulatory compliance
  • Present technical findings to C-suite stakeholders and the board

Qualifications & Skills

  • Fellowship/Associateship with all professional actuarial exams completed (IAI/IFoA/Equivalent)
  • Minimum 15 years of actuarial experience, ideally in pricing, reserving, or capital modeling
  • Proficiency in actuarial and statistical tools: Prophet, R, Python, SAS, SQL
  • Strong understanding of IRDAI regulations, solvency frameworks, and reinsurance structures
  • Exceptional analytical, problem-solving, and communication skills
  • Proven track record of influencing senior management and driving cross-functional initiatives

What We Offer

  • Competitive compensation with performance-linked incentives
  • Opportunity to lead strategic actuarial projects and influence business decisions
  • Continuous learning through training, certifications, and industry conferences
  • Collaborative work culture with a focus on innovation and career growth

  • Senior Actuary

    1 day ago

    Hyderabad, Telangana, India Kshema General Insurance Limited Full time

    About UsKshema General Insurance Limited (Kshema) was established in 2018 and is India's only Digital Agri Insurance Company, catering to farmers/cultivators in the Agriculture sector. Kshema enables cultivators with resilience from financial distress due to extreme climate events and perils through localised insurance products. Kshema is leveraging...

  • Senior Insurance Risk Analyst

    3 days ago

    Hyderabad, Telangana, India beBeeReserving Full time ₹ 15,00,000 - ₹ 20,50,000

    Job SummaryWe are seeking a seasoned actuarial professional to join our team as a Senior Reserving Actuary. This role requires collaboration with our Reserving Team to analyze and estimate reserves for property and casualty insurance products.ResponsibilitiesConduct thorough loss reserve reviews and analyses to determine liabilities.Apply advanced reserving...

  • Insurance Risk Manager

    1 day ago

    Hyderabad, Telangana, India beBeeSeniorActuary Full time ₹ 2,00,00,000 - ₹ 2,50,00,000

    About Senior Actuary RoleThis role plays a crucial part in Kshema General Insurance Limited's efforts to provide localized insurance products that help farmers build resilience against financial distress due to extreme climate events and perils.The company leverages technology to deliver cutting-edge insurance solutions to farmers across India. With over 500...

  • Senior Vice President of Model Development

    1 day ago

    Hyderabad, Telangana, India beBeeModeling Full time ₹ 20,00,000 - ₹ 25,00,000

    Key Modeler PositionWe are seeking a skilled professional to fill a critical modeling role in our organization.The ideal candidate will have hands-on experience in VP/MS (Variable Product Modeling System), specifically within the insurance or actuarial domain.Develop, maintain, and optimize models in VP/MS (Variable Product Modeling System)Collaborate with...

  • Analytical Innovation Leader

    4 days ago

    Hyderabad, Telangana, India beBeeData Full time ₹ 2,00,00,000 - ₹ 2,50,00,000

    Job Opportunity: Lead Data Analytics ExpertRole OverviewThe company seeks an experienced Senior Data Scientist to drive the delivery of multiple projects within the fast-moving consumer goods (FMCG) vertical.This key role collaborates closely with other data scientists and consultants to convert client queries into actionable analytical solutions while...

  • Reinsurance Manager

    3 weeks ago

    Hyderabad, Telangana, India Kshema General Insurance Limited Full time

    About the Company - Kshema General Insurance Limited (Kshema) was established in 2018 and is India's only Digital Agri Insurance Company catering to farmers/cultivators in the Agriculture Sectors. Kshema enables cultivators with resilience from financial distress due to extreme climate events and perils through localised insurance products. Kshema is...

  • Reinsurance Manager

    1 week ago

    Hyderabad, Telangana, India Kshema General Insurance Limited Full time

    About the Company - Kshema General Insurance Limited (Kshema) was established in 2018 and is India's only Digital Agri Insurance Company catering to farmers/cultivators in the Agriculture Sectors. Kshema enables cultivators with resilience from financial distress due to extreme climate events and perils through localised insurance products. Kshema is...

  • Senior Business Solutions Consultant

    3 days ago

    Kolkata, Hyderabad / Secunderabad, Telangana, Mumbai, India beBeeBusiness Full time

    Business Systems AnalysisAbout the RoleWe are seeking a skilled Business Systems Analyst to join our team. The ideal candidate will have experience in insurance core administration or customer experience software application implementations.Key ResponsibilitiesBusiness Analysis and Requirements Gathering: Gather and document business requirements for new...

  • Senior Product Development Manager

    4 days ago

    Pune, Chennai, Hyderabad / Secunderabad, Telangana, India beBeeInsurance Full time US$ 1,20,000 - US$ 2,00,000

    Product Manager Job OpportunityAre you a seasoned product manager seeking a new challenge in the health insurance industry? We are looking for a highly skilled and experienced professional to lead our product development efforts.Key Responsibilities:Develop and execute product strategies that drive business growth and profitability.Collaborate with...

  • Risk Management Professional

    3 days ago

    Greater Hyderabad Area, India beBeeReinsurance Full time ₹ 12,00,000 - ₹ 15,00,000

    About this RoleAs a Risk Manager, you will oversee the design, negotiation, placement, and monitoring of risk mitigation programs in line with the company's risk appetite, financial objectives, and regulatory requirements.You will collaborate closely with stakeholders like brokers and partners to achieve your deliverables.Developing and reviewing the...