Senior Model Updates Specialist

2 days ago


Hyderabad, Telangana, India beBeeManagement Full time ₹ 20,00,000 - ₹ 40,00,000

Leadership Opportunity:

We are seeking an experienced Group Manager to lead and deliver various quarterly model updates for our AXIS model. This model is set up for a major Variable Annuity product sold in the US market.

The ideal candidate will have a strong background in actuarial science, math, or statistics, with a total of 8-10 years of experience in US life insurance and at least 4-6 years of experience in life/Annuity actuarial modeling in AXIS.

Key responsibilities include leading independent testing and impact analysis, detailed documentation and communication regarding model updates, reviewing work done by junior members, and maintaining strong stakeholder relationships.

The successful candidate will also have excellent technical knowledge of US STAT/GAAP regulations, expertise in Actuarial modeling - AXIS, understanding of calculation of AXIS cashflows and reserves, and good working knowledge of relevant actuarial concepts and methodologies.

Requirements:

  • Bachelor's degree in Science (Statistics/Mathematics/Economics) + papers cleared in Actuarial science (SOA preferred)
  • Excellent coding and troubleshooting skills in GGY AXIS modelling software
  • Knowledge of Hedging, Asset Liability modelling and derivatives in AXIS is an added skillset

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