Senior Actuarial Modeler

1 day ago

Bengaluru, Karnataka, India beBeeActuary Full time ₹ 17,67,000 - ₹ 2,33,59,000

Key Responsibilities:

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  • We are seeking an experienced professional to lead and deliver quarterly model changes for a Variable Annuity product.">
  • The ideal candidate will have a strong understanding of US Life insurance regulations, excellent technical knowledge of actuarial modeling, and expertise in GGY AXIS modelling software.">
  • The successful candidate will lead and deliver quarterly model changes, including assumption updates and new business setup.">
  • He/She will perform independent testing and impact quantification and justification.">
  • Develop and maintain strong stakeholder/client relationships.">
  • Review work done by junior members and ensure quality of work product during time-sensitive deadlines.">
  • Provide primary support for Testing, Valuation and Risk Management teams on business and model-related queries.
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Qualifications:

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  • Bachelor's degree in Actuarial Science, Math, Stats, Engineering, or Computer Science">
  • 8-10 years of experience in US life insurance with minimum 4-6 years of life/Annuity actuarial modeling in Moody's AXIS">
  • 8-10 actuarial papers, ideally SOA preferred">
  • Strong analytical ability and ability to drive process and analytical improvement initiatives within the team
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Skills Required:

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  • Good knowledge of US Life insurance and specifically Variable Annuity products (Fixed Indexed Annuity, Guaranteed Minimum Income/Death/Withdrawal benefits, Indexed Linked Annuities, Group Annuities, Payouts)">
  • Excellent technical knowledge of US STAT/GAAP regulations (PBR, NY DFS Reg 213, LDTI DAC)">
  • Expertise in Actuarial modeling - Moody's AXIS (such as 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
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About Us:

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This role offers a challenging opportunity to contribute to our company's success.

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Contact Information:

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Please submit your application through our website.

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