Senior Actuarial Analyst

1 month ago


Bengaluru, Karnataka, India Voya India Full time
About Voya India

Voya India is a technology-driven business process transformation company that drives the evolution of the financial services customer experience through innovation and human creativity.

We are dedicated to delivering cutting-edge solutions to Voya's Health, Wealth, and Investment Management businesses. Our focus lies in crafting inventive customer-centric solutions by digitizing, automating, and optimizing technology and business processes.

Job Summary

This position takes ownership of actuarial responsibilities for Assumption setting process, Experience Studies & Cash Flow Testing of Employee Benefits & overall coordination of Closed Block Life product.

The ideal candidate will have a strong understanding of actuarial statistics and assumptions, as well as excellent analytical and communication skills.

Key Responsibilities
  • Perform assumption setting process of Employee Benefit business
  • Conduct experience studies by extracting relevant experience data, perform reconciliations and data analysis
  • Apply actuarial techniques to analyze and interpret the experience trends and explain drivers of changes
  • Analyze the impacts on various metrics from change in assumptions
  • Provide support for cash flow testing and actuarial memoranda
  • Respond to requests from internal and external auditors
  • Build strong relationships and collaborate effectively on cross-functional teams
Requirements
  • Bachelors' degree in Mathematics, Actuarial Science, Finance, or related business discipline
  • ASA or newly credentialed FSA
  • 3-5 years of actuarial or financial or insurance industry experience
  • Must have experience in Employee Benefits (Group life, Group Health) or life insurance
  • Experience in assumption setting or experience studies is a plus


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