Senior Actuary

3 days 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

    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...

  • Senior Actuary

    5 hours ago

    Hyderabad, Telangana, India Kshema General Insurance Limited Full time ₹ 15,00,000 - ₹ 20,00,000 per year

    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...

  • Actuary - Pricing Specialist

    3 days ago

    Hyderabad, Telangana, India beBeeExpert Full time ₹ 1,50,00,000 - ₹ 2,50,00,000

    Actuarial Expertise SoughtWe are seeking a seasoned actuary to spearhead our pricing strategies, leveraging deep technical expertise and leadership skills.Pricing Strategies:Design and review pricing strategies across various lines of businessCollaborate with cross-functional teams to ensure accurate liability measurementDrive capital modeling and...

  • Senior Actuarial Modeling Professional

    3 days ago

    Hyderabad, Telangana, India beBeeModeling Full time ₹ 1,50,00,000 - ₹ 1,90,00,000

    Actuarial Modeling SpecialistWe are seeking an experienced Actuarial Modeling Specialist to join our team. As a key member of our team, you will be responsible for developing and implementing actuarial models that meet the needs of our clients.Key Responsibilities:Develop and maintain complex actuarial models using tools such as GGY/Moody's Axis and...

  • Senior Insurance Risk Analyst

    6 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

    5 days 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 Model Updates Specialist

    2 days ago

    Hyderabad, Telangana, India beBeeManagement Full time ₹ 20,00,000 - ₹ 40,00,000

    Leadership Opportunity:We are seeking an experienced Group Manager to lead and deliver various quarterly model updates for our AXIS model. This model is set up for a major Variable Annuity product sold in the US market.The ideal candidate will have a strong background in actuarial science, math, or statistics, with a total of 8-10 years of experience in US...

  • Senior Vice President of Model Development

    5 days 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...

  • Senior Manager Financial Communications

    3 days 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 Leader

    3 days ago

    Hyderabad, Telangana, India beBeeLeadership Full time ₹ 15,40,800 - ₹ 20,36,800

    Job Overview:The Senior Leadership position oversees a team responsible for end-to-end group business processing and policy servicing.Key Responsibilities:Lead the Group Operations team to achieve process efficiency and customer satisfactionCoordinate with Sales and Actuarial teams to ensure seamless individual Group process closureEnsure timely issuance of...