Chief Actuarial Specialist

5 days ago


Solapur, Maharashtra, India beBeeActuary Full time ₹ 1,50,00,000 - ₹ 2,50,00,000
Actuarial Modelling Expert

Job Overview:

We are seeking a skilled actuarial modelling expert to join our team. This role involves developing business automation solutions for clients using proprietary software.

This is an excellent opportunity to apply automation technology skills to actuarial work, helping clients use technology and leading-edge software to optimise their processes and transform their businesses.

Our insurance consulting and technology practice includes over 1,300 practitioners who have expertise across markets, geographies, and disciplines. We apply actuarial principles to develop value propositions in widely used life actuarial software.

The Role:
  • Work on actuarial modelling projects using proprietary software for tasks like statutory liability computation, pricing, embedded value, and appraisal value.
  • Implement IFRS17 and asset liability management projects.
  • Support the development and delivery of automated solutions for clients.
  • Undertake substantial work streams in process transformation projects.
  • Collaborate with project leaders to understand priorities.
  • Develop an understanding of the Life insurance industry, its products, and actuarial models and familiarity with proprietary software solutions.
  • Contribute to revenue generation by identifying new client offerings.
  • Build intellectual capital and pursue innovation opportunities.
  • Manage junior colleagues, developing their knowledge and managing career progression.
  • Build and leverage client relationships.
  • Provide insights and solutions based on analysis.

Key Requirements:

  • 7-9 years' experience in an actuarial role in the life insurance team of an insurance company 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.
  • Able to independently lead a team to deliver solutions using actuarial software.


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