Senior Actuarial Automation Specialist

1 week ago

Ellore, Andhra Pradesh, India beBeeAutomation Full time ₹ 15,00,000 - ₹ 20,00,000

Actuarial Expertise: A Valuable Asset

Wanted for this role is an analytical expert with a passion for financial modelling in actuarial software, preferably within the life insurance industry. The ideal candidate should be enthusiastic about developing business automation solutions and joining a team that focuses on driving innovation and transformation.

This opportunity presents itself as a unique chance to apply automation technology skills to actuarial work, enabling our clients to leverage technology and cutting-edge software to optimize their processes and revitalize their actuarial & finance businesses.

Our consulting practice boasts over 1,300 insurance practitioners with expertise across markets, geographies, and disciplines. As actuaries, we apply actuarial principles to craft value propositions in some of the most innovative and widely used life actuarial software available.

The Role:

As a senior actuarial consultant, you will engage in actuarial modelling projects using proprietary software for tasks such as statutory liability computation, pricing, embedded value, and appraisal value.

  • Performing intricate calculations and statistical analysis to inform business decisions.
  • Collaborating with project leaders to identify priorities and develop strategic plans.
  • Supporting the design and delivery of automated solutions for clients.
  • Participating in process transformation projects, contributing to revenue generation by identifying new client offerings.
  • Developing intellectual capital, pursuing innovation opportunities, and participating in learning and development programs.
  • Mentoring junior colleagues, promoting knowledge sharing, and facilitating career progression.
  • Establishing strong client relationships, introducing clients to our services, and providing insights and solutions based on analysis.
  • Assisting senior leadership in developing business automation solutions.
  • Delivering high-quality work within project deadlines and meeting client expectations.
  • Documenting actuarial model changes and summarizing results.
  • Ensuring effective communication within the team and with clients, working collaboratively.
  • Building strong internal relationships, fostering effective collaboration across geographical boundaries.
  • Demonstrating excellence in client and colleague interactions.

Requirements for Internal Candidates:

The following criteria must be met:

  • 7-9 years of experience in an actuarial role within the life insurance sector or at a consulting/financial services firm.
  • Minimum 2 years building cashflow models or automation engines for reporting purposes using actuarial software.
  • Completion of at least 9 actuarial examinations from either the Institute of Actuaries of India or the Institute and Faculty of Actuaries, UK.
  • Proficiency in Microsoft Office tools.
  • Experience writing/editing code in VBA, Python, SQL, or PowerShell.
  • Ability to lead teams, deliver solutions, and resolve issues independently.
  • Interest and aptitude for learning new coding languages and technology.
  • Strong analytical and communication skills to explain results effectively.
  • Proven ability to diagnose and resolve complex issues.

Equal Opportunity Employer

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