Actuarial Life Specialist

9 hours ago


India EliteRecruitments Full time

Hiring experts for our esteemed clients in Gurgaon/Hyderabad/Remote Locations is an exciting opportunity with EliteRecruitments.

Company Overview

We are a leading recruitment agency, and this role is perfect for experienced professionals who want to take their careers to the next level. Our clients trust us to find top talent, and we need your skills to help them succeed.

Estimated Salary Range: ₹ 15-25 Lakhs per annum, depending on experience and qualifications.

About the Job

This position involves working with Excel spreadsheets and actuarial software to project and validate cashflows generated by insurance products. You will be expected to stay up-to-date with regulations and guidelines related to the project, ensuring compliance and accuracy.

Key Responsibilities:

  • Build and modify Excel models and actuarial software to analyze cashflows and validate results.
  • Aquire knowledge and remain well-versed with product offerings, regulations, and guidelines.
  • Apply relevant accounting standards (GAAP, STAT) and tax regulations to calculate reserves and other cashflows.
  • Collaborate with client teams to work on valuation, modeling, and experience studies.
  • Advise clients on new regulations (IFRS17, LDTI) and assist with implementation.

Requirements

To excel in this role, you should possess strong life actuarial technical skills and have a consulting mindset. Experience with GAAP/STAT or valuation in the US industry is highly valued. Proficiency in actuarial software like Prophet, AXIS, PolySystems, MG-Alfa, RAFM is also beneficial. Additionally, knowledge of Policy Administration systems such as Ingenium, Life CAD, Life Asia, FAST, SAS with a background in Actuarial testing is a plus.


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