Senior Actuarial Analyst

3 weeks ago


Bangalore, India Voya India Full time

About Voya India Voya 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 product s Locatio n : Delhi / Bangalore / Pu ne Ro le • Responsible for assumption setting process of Employee Benefit busin ess• Perform experience studies by extracting relevant experience data, perform reconciliations and data analy sis• Apply actuarial techniques to analyze and interpret the experience trends and explain drivers of chan ges• Analyze the impacts on various metrics from change in assumpti ons• Providing support for cash flow testing and actuarial memora nda• Responding to requests from internal and external audit ors• Build strong relationships and collaborate effectively on cross-functional te ams• Diagnose problems and/or areas for improvement; design and execute solutions to improve business performa nceRequiremen ts • Bachelors’ degree in Mathematics, Actuarial Science, Finance, or related business discipl ine• ASA or newly credentialed FSA• 3-5 years of actuarial or financial or insurance industry experien ce.• Must have experience in Employee Benefits (Group life, Group Health) or life insura nce• Experience in assumption setting or experience studies is a p lus• Excellent computer skills (especially Excel, Access, Visual Bas ic)• Strong analytical skills and advanced knowledge of actuarial statistics/assumptions; ability to use this knowledge to lead/develop solutions to ad-hoc requests or iss ues• Ability to challenge current methodologies/approaches and develop more efficient and effective soluti ons• Strong understanding of insurance products and insurance company operati ons• 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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