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Lead Assistant Manager

4 months ago

Gurgaon, Haryana, India EXL Service Full time
Role Overview:
  • 2-8 years' of actuarial experience in life insurance.
  • Should have passed 4-5 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, model testing & validation.
  • Experience working with GGY Axis and Prophet can be considered depending on experience. 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 2-8 years' experience, with good understanding of Life products - pricing, 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.
  • Must have exposure in actuarial modeling, model testing & validation.
  • Exposure to polysystem, Prophet and/or any other modelling tool can be considered. 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.