Analyst - Actuarial

4 days ago

Gurgaon, Haryana, India Guardian Life Insurance Company Full time
Job Description:

Qualifications:

The Analyst will be responsible for using statistical techniques and mathematical skills to provide actuarial support for product development, projection, product implementation, illustrations, valuation, and financial reporting.

Responsibilities :

Responsibilities will include deliverables such as:
  • Working on implementing the solutions using appropriate actuarial / analytical tools & techniques
  • Perform and analyze projections for in-force investment assets
  • Analyze and provide fixes for the asset data received from various sources
  • Analyze interest rate scenarios , Investment expenses, carrying out Gain/Loss analysis
  • Calculating the funding target, analyzing the funding shortfall and calculating the minimum required contributions to balance the Assets and liabilities
  • Support technical documentation and help create product documents
  • Assist in data extraction, calculations and validation while creating & running the models
  • Mortality experience study analysis
  • Work as a core member of the actuarial team and contribute to make it a center of excellence
  • Assist senior members of the team in day-to-day management activities including MI reporting
  • Build strong relationships with US teams to identify and deliver enhancements to actuarial processes
  • Provide regular updates to stakeholders and discuss solutions to potential problem areas
Skills and Knowledge:
  • Knowledge of Actuarial Platforms/Tools like AXIS (GGY/Moody's) and related technology used for Actuarial valuation or other statistical / actuarial software
  • Strong technical skills with proficiency in MS Excel, VBA, MS Access.
  • Strong knowledge of Linear Algebra, Numerical analysis, Probability theory and Statistics.
  • General Asset knowledge
  • Communication: ability to break down technical language and terms to a diverse audience, ability to clearly document all processes
  • Tableau knowledge - additional benefit
  • Analytical and mathematical efficiency. Excellent verbal, written, and interpersonal skills.
  • Positive attitude and the ability to build and leverage internal and external alliances
  • Must be a team player and able to effectively work with teams located in different locations
  • Ability to work independently and innovatively, as well as collaborate with others
  • Customer Service Orientation
Education and Experience:
  • Bachelors degree in a quantitative discipline (Applied Mathematics, Statistics, Operations Research, Actuarial Sciences or related field)
  • In pursuit of Actuarial papers from US/UK/India and making good progress towards certification
  • Experience in mortality experience studies is a preferred
  • Experience in Actuarial field, preferably in Insurance.
  • General Asset knowledge
  • Knowledge of Actuarial Platforms/Tools like AXIS (GGY/Moody's) and related technology
  • General Overview web-based training on GGY's website
  • Datalink training either through GGY or from another AXIS user
  • Batch training through GGY's website or from another AXIS user
  • General Asset web-based training on GGY's website
Life at Guardian:

Location:

This position can be based in any of the following locations:
Gurgaon

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