Senior Model Actuary

1 day ago

Agra, Uttar Pradesh, India beBeeActuary Full time ₹ 1,50,00,000 - ₹ 2,50,00,000

**Job Summary:**

We are seeking an experienced and skilled individual to lead our team's efforts in delivering quarterly model changes for Moody's AXIS model.

The ideal candidate will possess a strong background in actuarial science, mathematics, statistics, or engineering, with a minimum of 8-10 years of experience in the US life insurance industry. A Bachelor's degree is required, along with a total of 8-10 actuarial papers.

  • Bachelor's degree in actuarial science/Math/Stats/Engineering/Computer or equivalent quantitative discipline
  • Total 8-10 years of experience in US life insurance with minimum 4-6 years of life/Annuity actuarial modeling in Moody's AXIS
  • 8-10 actuarial papers - ideal requirement
Key Responsibilities:
  • Lead and deliver various quarterly model changes for Moody's AXIS model
  • Perform independent testing and impact quantification and justification
  • Communicate with wider teams regarding model changes
  • Maintain strong stakeholder/client relationships

Main Requirements:

  • Strong technical knowledge of US STAT/GAAP regulations (PBR, NY DFS Reg 213, LDTI DAC)
  • Excellent coding and troubleshooting skills in GGY AXIS modelling software
  • Good working knowledge of the relevant actuarial concepts and methodologies
  • Excellent analytical ability and ability to drive various process and analytical improvement initiatives within the team
  • Excellent communication, execution and people management skills

Preferred Qualifications:

  • Hedging, Asset Liability modelling and derivatives in Moody's AXIS is an added skillset

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