Senior Actuarial Analyst – Actuarial Assumption Setting

3 weeks ago


bangalore, India Voya India Full time

About Voya IndiaVoya India, formerly known as VFI SLK, is a technology-driven, business process transformation company, driving the evolution of the financial services customer experience through the art of technology, innovation, and human creativity.As a subsidiary of Voya Financial, Inc., we are dedicated to delivering cutting-edge solutions to Voya’s Health (employee benefits), Wealth (retirement), and Investment Management businesses. Our focus lies in crafting inventive customer-centric solutions by digitizing, automating, and optimizing technology and business processes.We are committed to fostering an environment that celebrates learning, growth, and inclusivity while developing and deploying innovative and impactful solutions for Voya Financial, Inc.Profile Summary• This position takes ownership of actuarial responsibilities for Assumption setting process, Experience Studies & Cash Flow Testing of Employee Benefits & overall coordination of Closed Block Life productsLocation : Delhi / Bangalore / PuneRole • Responsible for assumption setting process of Employee Benefit business• Perform experience studies by extracting relevant experience data, perform reconciliations and data analysis• Apply actuarial techniques to analyze and interpret the experience trends and explain drivers of changes• Analyze the impacts on various metrics from change in assumptions• Providing support for cash flow testing and actuarial memoranda• Responding to requests from internal and external auditors• Build strong relationships and collaborate effectively on cross-functional teams• Diagnose problems and/or areas for improvement; design and execute solutions to improve business performanceRequirements • Bachelors’ degree in Mathematics, Actuarial Science, Finance, or related business discipline• ASA or newly credentialedFSA• 3-5 years of actuarial or financial or insurance industry experience.• Must have experience in Employee Benefits (Group life, Group Health) or life insurance• Experience in assumption setting or experience studies is a plus• Excellent computer skills (especially Excel, Access, Visual Basic)• Strong analytical skills and advanced knowledge of actuarial statistics/assumptions; ability to use this knowledge to lead/develop solutions to ad-hoc requests or issues• Ability to challenge current methodologies/approaches and develop more efficient and effective solutions• Strong understanding of insurance products and insurance company operations• Ability to communicate effectively with manager, other team members and partners/ customer.Kindly share your resume with.. pallavi.bhat@voyaindia.com



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