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Senior Life Actuarial Modelling Expert

2 months ago

Gurgaon, Haryana, India EXL Full time
About EXL

EXL is a globally recognized leader in analytics and technology services. Our unique model of collaboration, built on ongoing listening and learning, enables us to adapt our methodologies and deliver exceptional results.

Our differentiated workforce, exceeding 37,000+ professionals, spans across 54 global delivery centers and supports 25+ languages. For more information about EXL Analytics, please visit www.exlservice.com.

EXL's 15+ years old ACTUARIAL practice is a multi-disciplinary group with a strong focus on the insurance sector, including Property & Casualty, Life Insurance, Health care, and Retirement Benefits. Our actuarial practice is renowned for its quantitative expertise and thought leadership in the industry.

We help clients transform risk into opportunity by pairing science and art to develop innovative solutions to their most pressing challenges around risk and insurance. Our experienced practitioners enable organizations to strike a balance between their key business objectives and long-term business outlook.

Key Responsibilities:

  • Develop a complete understanding of the current state of affairs and problem statement.
  • Interact with clients on a regular basis, understand their requirements, and transform them into business frameworks, providing actuarial solutions.
  • Work on transformation/automation initiatives.
  • Build actuarial models for life insurance products.
  • Perform UAT testing, Unit testing, regression testing, etc., for Actuarial model testing & validation.

Requirements:

  • Bachelor's/Master's degree in economics, mathematics, or actuarial sciences.
  • Affiliation to IAI, SoA, or IFOA.
  • At least 5-7 years' experience in Life Actuarial Modelling, with a good understanding of Life products.

Preferred Skills:

  • Experience in actuarial modelling over MGALFA / Prophet / Polysystem or any other actuarial software.
  • Certification and hands-on experience in Python required.