Senior Actuarial Analyst

4 days ago

noida, India HCLTech Full time

Job Description

We are expanding the Projects team.

The role holder will work closely with the Customer Directorate team (in particular the Actuarial Head) who will be for accountable for all work done by the off-shore Actuarial team. The role holder will ensure that his Actuarial Manager has access and information that enables them to oversee all offshore activity, and will ensure that all instructions, controls and changes are implemented effectively."

Job details

Job Title : Senior Analyst (Actuarial projects)

Level : E1.1

Domain: Life Insurance

Location: Noida/ Hybrid

Reports to: Associate Manager


Purpose of the role

  • To work in the Actuarial Team engaged in supporting manual actuarial calculations for Life and Pensions business.
  • To Understand Customer needs and provide service as per company’s operational standards, procedures and practice
  • To deliver all services as per specified standards of Quality and Timeliness
  • To oversee the day-to-day operation of the Team and performance
  • Do regular performance evaluation
  • Promote a healthy and motivating work environment and atmosphere
  • Identify training needs and provide coaching
  • Listen to team members’ feedback and resolve any issues or conflicts
  • To drive process improvements in the team

Key tasks and responsibilities

  • Performing contractual premium review of product block/policies.
  • Repricing following premium review by creating models.
  • Working on Bonus, Expense review, Fund mergers etc projects
  • Delivering accurate and compliant Actuarial calculations support to Operations and external clients to achieve and at times exceed service standards.
  • Ensuring that non-workflow calculation processes are in place (e.g. develop spreadsheets etc).
  • Calculation of both complex lifecycle and non-lifecycle referrals.
  • Provide support for Operations on a wide range of technical actuarial queries.
  • Ensure that work is processed as per agreed quality standards for correctness and fairness.
  • To ensure that all enquiries are recorded correctly on the Company Systems, in order for work to be scheduled to the individual and the team and to provide an audit trail.
  • To ensure that you are aware of the company complaint and incident identification procedure and that these are acted upon immediately to minimise regulatory breaches, customer/client detriment and business image.
  • To ensure that work is processed within industry compliance and legislative requirements under the guidance of the Manager, Analysts and Technicians, ensuring compliance with controls and procedures.
  • To undertake any other duties as may be deemed appropriate by your Manager
  • Ensure personal and business objectives for self are met in line with the departmental business plan and monitor success.
  • To ensure that regulatory and audit requirements are met. To be aware of data security from a customer and business perspective and take responsibility for the prevention of fraudulent activity. Maintaining the data protection ideals of clear desk, secure storage and secure PC.
  • To ensure that the business operating systems utilised are used correctly and professionally.
  • Ensure all regular events, including audit activities and actions, are completed / escalated
  • To adhere to local and corporate governance and controls ensuring business operating systems and procedures are utilised / updated as necessary
  • To adhere to all HCL policies and procedures


Person Specification:

Education/Qualifications/ Training:

Essential

  • Graduation in Actuarial Science
  • Actuarial exam/s passed from IAI/IFOA/SOA etc.

Desirable:

  • BSC/MSC Actuarial Science or BSC Mathematical or Financial subject


Specific Job Skills:

Essential

  • Good Knowledge of MS Office (especially Excel)
  • Able to demonstrate a good knowledge of the technical aspects of Life and Pension products
  • Excellent communication skills – verbal and written

Desirable:

  • Workforce planning knowledge
  • Understanding of Actuarial Processes and procedures

Experience:

Essential:

  • At Programming experience (especially VB or VBA)
  • Experience with Structured Query Language (SQL)
  • Actuarial Analysis experience within Life and pensions sector

Desirable:

  • At least 3 to 5 years of experience of working in the Life & pension
  • Experience of working within an outsourcing environment
  • Team collaboration

Core Competencies (HCL Standards)

Essential:

  • Strategic Commercial Awareness
  • Change & Innovation
  • The need to work in a regulatory environment
  • Delivering Excellence

Desirable:

  • Team player


Candidates with actuarial pricing and system experience would be preferred.

  • Senior Actuarial Analyst Position

    6 days ago

    Noida, Uttar Pradesh, India HCLTech Full time

    Job Title: Senior Actuarial Analyst PositionWe are looking for a skilled and experienced Senior Actuarial Analyst to join our Actuarial Team. The successful candidate will be responsible for supporting manual actuarial calculations for Life and Pensions business, understanding customer needs, and delivering services as per company operational...

  • Senior Actuarial Analyst

    5 days ago

    Noida, India HCLTech Full time

    Job DescriptionWe are expanding the Projects team.The role holder will work closely with the Customer Directorate team (in particular the Actuarial Head) who will be for accountable for all work done by the off-shore Actuarial team. The role holder will ensure that his Actuarial Manager has access and information that enables them to oversee all offshore...

  • Senior Actuarial Analyst

    3 days ago

    Noida, India HCLTech Full time

    Job DescriptionWe are expanding the Projects team.The role holder will work closely with the Customer Directorate team (in particular the Actuarial Head) who will be for accountable for all work done by the off-shore Actuarial team. The role holder will ensure that his Actuarial Manager has access and information that enables them to oversee all offshore...

  • Senior actuarial analyst

    4 days ago

    Noida, India HCLTech Full time

    Job DescriptionWe are expanding the Projects team.The role holder will work closely with the Customer Directorate team (in particular the Actuarial Head) who will be for accountable for all work done by the off-shore Actuarial team. The role holder will ensure that his Actuarial Manager has access and information that enables them to oversee all offshore...

  • Senior Actuarial Analyst

    5 days ago

    Noida, India HCLTech Full time

    Job Description We are expanding the Projects team. The role holder will work closely with the Customer Directorate team (in particular the Actuarial Head) who will be for accountable for all work done by the off-shore Actuarial team. The role holder will ensure that his Actuarial Manager has access and information that enables them to oversee all offshore...

  • Senior Actuarial Analyst

    6 days ago

    Noida, India HCLTech Full time

    Job DescriptionWe are expanding the Projects team.The role holder will work closely with the Customer Directorate team (in particular the Actuarial Head) who will be for accountable for all work done by the off-shore Actuarial team. The role holder will ensure that his Actuarial Manager has access and information that enables them to oversee all offshore...

  • Senior Actuarial Analyst

    6 days ago

    Noida, India HCLTech Full time

    Job DescriptionWe are expanding the Projects team.The role holder will work closely with the Customer Directorate team (in particular the Actuarial Head) who will be for accountable for all work done by the off-shore Actuarial team. The role holder will ensure that his Actuarial Manager has access and information that enables them to oversee all offshore...

  • Senior Actuarial Analyst

    6 days ago

    noida, India HCLTech Full time

    Job DescriptionWe are expanding the Projects team.The role holder will work closely with the Customer Directorate team (in particular the Actuarial Head) who will be for accountable for all work done by the off-shore Actuarial team. The role holder will ensure that his Actuarial Manager has access and information that enables them to oversee all offshore...

  • Actuarial Data Analyst

    3 weeks ago

    Noida, Uttar Pradesh, India Admin Looks Full time

    Actuarial Data Analyst Job Description:We are seeking a skilled Actuarial Data Analyst to deliver a strategic project for a leading insurance client. The ideal candidate will have experience working in IFRS actuarial projects, including an understanding of data needs and Python programming skills.Key Responsibilities:Experience working with IFRS actuarial...

  • Actuarial Senior Manager

    3 days ago

    Noida, Uttar Pradesh, India Genpact Full time

    Senior Manager - Actuarial Transformation ExpertGenpact, a global professional services and solutions firm, is seeking a Senior Manager - Actuarial Transformation Expert to join our team. As a key member of our Actuarial team, you will be responsible for working on projects identified as part of transformation and improvements in actuarial processes.Key...

  • Senior Specialist

    3 weeks ago

    Noida, Uttar Pradesh, India IN003 Mercer Consulting India Private Limited Full time

    About the Role:Mercer is seeking a highly skilled Actuarial Specialist to join our US Pension Actuarial team in Noida/Gurgaon. As a key member of the team, you will be responsible for reviewing work done by analysts, resolving process queries, handling client queries, and supporting new process transitions.Key Responsibilities:Process, validate, and update...

  • Senior Manager

    3 days ago

    Noida, Uttar Pradesh, India Genpact Full time

    Job SummaryGenpact, a global professional services and solutions firm, is seeking a skilled Senior Manager - Actuarial Process Transformation to join our team. As a key member of our actuarial team, you will be responsible for driving actuarial process transformation from data requirements to deploying models in the valuation production environment.Key...

  • Specialist - Actuarial

    1 month ago

    Noida, India IN003 Mercer Consulting India Private Limited Full time

    Description: Mercer is seeking candidates for the following position based in the Noida/ Gurgaon office Specialist - Actuarial What can you expect? We are looking to hire Specialist-Actuarial in the US Pension Actuarial team The team at GOSS Operations & Technology supports the US Actuarial & Financial group with a broad range of actuarial &...

  • Senior Analyst

    5 days ago

    Noida, India HCLTech Full time

    Job DescriptionWe are expanding the GGY team.The role holder will work closely with the Customer Directorate team (in particular the Actuarial Head) who will be for accountable for all work done by the off-- shore Actuarial team. The role holder will ensure that his Actuarial Manager has access and information that enables them to oversee all offshore...

  • Senior Analyst

    3 days ago

    Noida, India HCLTech Full time

    Job DescriptionWe are expanding the GGY team.The role holder will work closely with the Customer Directorate team (in particular the Actuarial Head) who will be for accountable for all work done by the off-- shore Actuarial team. The role holder will ensure that his Actuarial Manager has access and information that enables them to oversee all offshore...

  • Senior analyst

    4 days ago

    Noida, India HCLTech Full time

    Job DescriptionWe are expanding the GGY team.The role holder will work closely with the Customer Directorate team (in particular the Actuarial Head) who will be for accountable for all work done by the off-- shore Actuarial team. The role holder will ensure that his Actuarial Manager has access and information that enables them to oversee all offshore...

  • Actuarial Specialist

    2 weeks ago

    Noida, Uttar Pradesh, India IN003 Mercer Consulting India Private Limited Full time

    About the RoleMercer Consulting India Private Limited is seeking a highly skilled Actuarial Specialist to join our team in Gurgaon. As an Actuarial Specialist, you will play a crucial role in supporting various financial projects related to pharmacy benefit management (PBM) for clients.Key ResponsibilitiesContribute to client projects and deliverables...

  • Senior Business Analyst

    22 hours ago

    Noida, Uttar Pradesh, India HCLTech Full time

    Job Description:We are seeking a highly skilled Senior Analyst to join our team at HCLTech.The role holder will work closely with the Customer Directorate team, ensuring that all work is properly overseen and implemented effectively.Job Details:Job Title: Senior Analyst (GGY Modelling)Level: E1.1Domain: Life Insurance (GGY AXIS modelling)Location:...

  • Senior Analyst

    5 days ago

    Noida, India HCLTech Full time

    Job Description We are expanding the GGY team. The role holder will work closely with the Customer Directorate team (in particular the Actuarial Head) who will be for accountable for all work done by the off-- shore Actuarial team. The role holder will ensure that his Actuarial Manager has access and information that enables them to oversee all offshore...

  • Senior Analyst

    6 days ago

    Noida, India HCLTech Full time

    Job DescriptionWe are expanding the GGY team.The role holder will work closely with the Customer Directorate team (in particular the Actuarial Head) who will be for accountable for all work done by the off-- shore Actuarial team. The role holder will ensure that his Actuarial Manager has access and information that enables them to oversee all offshore...