Lead Actuarial Services Professional

6 hours ago


Gurgaon, Haryana, India Max Life Insurance Company Limited Full time
About Max Life Insurance

Max Life Insurance Company Limited is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. This strategic partnership has enabled the company to expand its operations and offer comprehensive protection and long-term savings life insurance solutions.

The company operates through a multichannel distribution network, including agency and third-party distribution partners. With a customer-centric approach, Max Life Insurance has built its business over almost two decades through a need-based sales process, engagement, and service delivery.

Our team at Max Life Insurance is committed to excellence in actuarial services. We are seeking an experienced Actuarial Services Professional to join our team. In this role, you will be responsible for providing actuarial expertise and supporting the development of innovative solutions.

Key Responsibilities
  1. Derivative Management: Develop and implement strategies for hedging interest-sensitive products, ensuring accurate notional calculations and required documentation.
  2. ALM (Asset Liability Management): Monitor and control financial and demographic risks, identifying opportunities to optimize risk and return, and implementing effective risk monitoring tools.

In addition to these key responsibilities, the ideal candidate will have strong analytical, communication, and documentation skills, with a good understanding of life insurance business and technical actuarial knowledge. Proficiency in DCS and Prophet software is also preferred.

Requirements
  • A minimum of 3-5 years of experience in actuarial services
  • More than 5 actuarial exams cleared from IAI or IFoA
  • Strong analytical, communication, and documentation skills
  • Good knowledge of life insurance business and technical actuarial knowledge
  • Preferred knowledge of DCS and Prophet software
What We Offer

We offer a competitive salary of ₹1,200,000 - ₹1,800,000 per annum, depending on experience, along with other benefits and opportunities for growth and professional development.



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