Senior Actuarial Model Lead

1 day ago


Vellore, Tamil Nadu, India beBeeActuary Full time ₹ 25,00,000 - ₹ 35,00,000
Job Summary

This role involves leading and delivering quarterly model changes, including assumption updates, new business setup, and model efficiency improvements. You will perform independent testing and impact quantification, providing detailed justification and documentation.

Key Responsibilities
  • Lead the development and implementation of actuarial models to support business decisions.
  • Analyze data to identify trends and areas for improvement in actuarial modeling.
  • Maintain strong relationships with stakeholders and clients, serving as the primary point of contact for Testing, Valuation, and Risk Management teams.
Qualifications
  • Bachelor's degree in actuarial science, mathematics, statistics, engineering, or computer science (or equivalent quantitative discipline).
  • 8-10 years of experience in US life insurance, with 4-6 years of life/annuity actuarial modeling.
  • Expertise in actuarial modeling, including Moody's AXIS.
Skills
  • Excellent knowledge of US life insurance products.
  • Strong technical understanding of US STAT/GAAP regulations.
  • Good working knowledge of relevant actuarial concepts and methodologies.
Additional Requirements
  • Excellent coding skills in GGY AXIS modelling software.
  • Knowledge of hedging, asset liability modelling, and derivatives in Moody's AXIS.


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