Analyst Actuarial Modeling

4 weeks ago

Bengaluru, Karnataka, 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.

The Actuarial Modeling Analyst will work with MG-ALFA and GGY AXIS systems actuarial valuation models to generate financial results and analysis. The Analyst will bring actuarial valuation systems expertise in GGY AXIS and MG-ALFA modeling applications. 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 axis results reports and financial analyses in support of financial and regulatory reporting.
  • Team development, coaching and performance reviews
  • Subject matter expert (SME) in GGY AXIS and MG-ALFA valuation modeling
Educational Qualification:
  • Bachelor's degree in actuarial science, math/statistics or equivalent is required.
  • FSA preferred
  • ASA and MAAA designation or equivalent in India required
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 financial services experience
  • Experience of working on risk/financial/actuarial Modeling using excel/VBA/R etc.
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.
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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