Strategic Leadership Position

2 days ago


Malappuram, Kerala, India beBeeGroup Full time ₹ 1,50,00,000 - ₹ 2,50,00,000

Exciting Career Opportunity: Group Manager

We are seeking a seasoned professional to join our team as a Group Manager. As a key member of our organization, you will be responsible for leading and delivering various quarterly model changes, including Assumption Updates, New business setup, and improving model efficiency.

Key Responsibilities:

  • Lead and deliver model changes that meet the required standards and timelines.
  • Perform independent testing and impact quantification and justification for each model change.
  • Develop detailed documentation and communication regarding model changes with wider teams.
  • Review work done by junior members, ensuring quality of work product during time-sensitive deadlines.
  • Maintain strong relationships with stakeholders and clients.
  • Serve as the primary touchpoint for Testing, Valuation, and Risk Management teams for support on business and model-related queries.

Qualifications and Skills:

  • Bachelor's degree in actuarial science, mathematics, statistics, engineering, computer science, or an equivalent quantitative discipline.
  • Total 8-10 years of experience in US life insurance, with a minimum of 4-6 years of life/Annuity actuarial modeling in Moody's AXIS.
  • 8-10 actuarial papers - ideal requirement.
  • Excellent knowledge of US Life insurance and Variable Annuity products (Fixed Indexed Annuity, Guaranteed Minimum Income/Death/Withdrawal benefits, Indexed Linked Annuities, Group Annuities, Payouts).
  • Strong understanding of US STAT/GAAP regulations (PBR, NY DFS Reg 213, LDTI DAC).
  • Expertise in Actuarial modeling - Moody's AXIS (handling scenarios, Formula tables, application of overrides, awareness of significant switches in reserving assumption sets).
  • Understanding of calculation of AXIS cashflows and reserves on a first principle basis.
  • Excellent coding and troubleshooting skills in GGY AXIS modelling software.
  • Knowledge of Hedging, Asset Liability modelling, and derivatives in Moody's AXIS is an added skillset.
  • Good working knowledge of relevant actuarial concepts and methodologies.
  • Strong analytical ability and drive process and analytical improvement initiatives within the team.
  • Excellent communication, execution, and people management skills.


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