Life Insurance Actuary

6 days ago

Dombivli, Maharashtra, India beBeeActuary Full time ₹ 1,50,00,000 - ₹ 2,00,00,000
Job Overview

We are seeking a highly skilled and analytical individual to join our team as a Senior Actuarial Consultant. This role involves working on actuarial modelling projects using proprietary software for tasks like statutory liability computation, pricing, embedded value, and appraisal value.

Key Responsibilities:
  • 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 by undertaking substantial work streams in process transformation projects.
  • Collaborate with project leaders to understand priorities and develop an understanding of the Life insurance industry, its products, and actuarial models.
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.
  • Strong working knowledge of reserving, pricing, embedded values, and other common technical actuarial topics.
What We Offer:

We offer a unique opportunity to apply automation technology skills to actuarial work and help our clients use technology and leading-edge software to optimise their processes and transform their actuarial & finance businesses.

About Us

We are a leading provider of insurance consulting and technology (ICT) practice that includes over 1,300 insurance practitioners who have expertise across markets, geographies and disciplines. We apply actuarial principles to develop value propositions in some of the most innovative and widely used life actuarial software in the market including Data Validator, Risk Agility FM and Unify.

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