General Insurance Leadership Actuarial

12 hours ago


Mumbai, Maharashtra, India Michael Page Full time
One of the leading brands in the Financial ServicesOne of the largest Conglomerates

About Our Client

One of the largest conglomerates - new insurance vertical

Job Description

Key Responsibilities:

Lead and manage the P&C actuarial team across multiple functional areas (pricing, reserving, reinsurance, capital modeling, etc.).Develop and implement actuarial strategies aligned with business goals.Advise executive leadership on product pricing, portfolio optimization, and profitability.Pricing & Product SupportOversee development and maintenance of rating models for P&C products.Collaborate with underwriters and product teams to ensure accurate and competitive pricing strategies.Provide actuarial input in new product development and enhancements.

Reserving & Financial Reporting

Direct the preparation and analysis of loss reserves and technical provisions in accordance with IFRS, GAAP, and/or Solvency II (as applicable).Present reserve estimates to senior management and external stakeholders, including auditors and regulators.Monitor reserve adequacy and trends; conduct deep-dive reviews and diagnostics.

Capital Modeling & Risk Management

Guide the development and validation of internal models (, Solvency II, RBC) to assess capital requirements.Contribute to risk appetite frameworks, stress testing, and ORSA processes.Provide insights on risk-adjusted performance measures and support economic capital allocation.

Team Development & Governance

Build and mentor a high-performing actuarial team; oversee recruitment and professional development.Ensure compliance with actuarial standards of practice, regulatory requirements, and internal governance policies.Liaise with regulatory bodies and external auditors as the actuarial point of contact.

Cross-Functional Collaboration:

Technology Integration: Partner with the IT and data teams to ensure that actuarial models and risk assessments are supported by robust digital infrastructure, including cloud-based analytics platforms and real-time data pipelines.Collaboration with Business Units: Work closely with business development, marketing, and product teams to ensure that pricing models and risk assessments align with company objectives and customer demands.Regulatory & Compliance: Ensure that all actuarial processes and models comply with relevant healthcare regulations, such as HIPAA and ACA, while also leveraging digital tools for regulatory reporting and compliance tracking.

Continuous Improvement & Innovation:

Continuous Innovation in Actuarial Practices: Lead efforts to continuously enhance actuarial methodologies, incorporating the latest in digital tools and industry best practices.Data-Driven Process Improvement: Identify areas where digital tools and automation can improve efficiency, reduce errors, and provide deeper insights into risk and pricing models.

Team Leadership & Development:

Actuarial Team Management: Lead, mentor, and develop a high-performing actuarial team, fostering a culture of innovation and continuous learning, particularly in digital actuarial techniques and analytics.Talent Development: Build and develop skills in the team related to data, machine learning, and digital tools, ensuring the team remains at the forefront of actuarial and digital health trends.

The Successful Applicant

Strong technical background in pricing, reserving, and/or capital modeling.
Prior experience working with regulatory frameworks such as Solvency II, IFRS 17, or RBC.
Advanced knowledge of actuarial software and tools (, Emblem, ResQ, Igloo, SAS, R, Python).
Excellent communication and presentation skills for technical and non-technical audiences.
Strategic thinker with commercial acumen and business insight.
High ethical standards and strong problem-solving orientation.



  • Mumbai, Maharashtra, India beBeeActuary Full time ₹ 1,50,00,000 - ₹ 2,50,00,000

    Actuarial Professional for General Insurance ReservingWe are seeking an experienced Actuary with expertise in non-life/general insurance and reserving techniques to join our team. The ideal candidate will have a strong background in actuarial science, with at least 5 years of experience in domestic insurance markets and knowledge of IFRS 17/IND AS...


  • Mumbai, Maharashtra, India beBeeActuary Full time ₹ 1,75,00,000 - ₹ 2,37,50,000

    Job Title: Lead ActuaryAbout the Role:Manage a team of actuaries across multiple functional areas (pricing, reserving, reinsurance, capital modeling, etc.) to drive business growth and profitability.Develop and implement actuarial strategies aligned with organizational goals, ensuring accurate and competitive pricing strategies.Provide expert advice to...


  • Mumbai, Maharashtra, India Liberty Insurance Pte Ltd Full time ₹ 15,00,000 - ₹ 20,00,000 per year

    Are you looking to apply innovative solutions across systems spanning different countries and cultures? Join our growing team at Liberty Mutual, which has been recognized as a "Great Place to Work" and one of the "Best Employers for Diversity".This is a unique opportunity to influence and enable the strategic direction of actuarial and data science across...


  • Mumbai, Maharashtra, India WNS Global Services Full time ₹ 15,00,000 - ₹ 20,00,000 per year

    Company Description HealthHelp - A WNS Company ), is the leader in the field of healthcare utilization and care management. We have gained this position by actively working to change out-of-date practices with a collaborative, non-denial based approach. Our methodology helps payors achieve a higher return on investment, gives providers education programs...


  • Mumbai, Maharashtra, India beBeeRisk Full time ₹ 1,50,00,000 - ₹ 2,20,00,000

    Insurance Leadership OpportunityAbout the PositionLead a team of actuaries across multiple areas, including pricing, reserving, reinsurance, capital modeling, etc.Develop and implement actuarial strategies aligned with business objectives.Advise executive leaders on product pricing, portfolio optimization, and profitability.Key Responsibilities:Pricing &...


  • Mumbai, Maharashtra, India beBeeLeadership Full time US$ 1,20,000 - US$ 1,50,000

    Senior Actuarial LeaderAre you looking to drive innovative solutions in actuarial and data science across the APAC region? This is an opportunity to influence the strategic direction of our business, working with a diverse range of markets and products.You will be part of a talented team dedicated to delivering impactful actuarial and data science solutions...

  • Actuarial Analyst

    1 week ago


    Mumbai, Maharashtra, India Selections HR Services Private Limited Full time

    We're Hiring – Advisor / Senior Advisor (Actuarial) | Mumbai Join a global leader in reinsurance brokerage and risk management, and be part of our actuarial team delivering high-quality insights to clients worldwide. Location: Mumbai Shift: 2:30 PM – 10:30 PM IST About the Role: As an Advisor / Senior Advisor – Actuarial, you will analyze data,...


  • Mumbai, Maharashtra, India Magma Insurance Full time

    About the job :- 12+ Years experience in handling Risk function for General Insurance Company- ISO 22301 and ISO 31000 - Preferred- Overall oversight of ERM function- Develop and maintain Enterprise wide Risk Management Governance Framework and Operational Risks- Responsible for Board related risk presentations and closing all the ATRs- Responsible for...


  • Mumbai, Maharashtra, India beBeeActuary Full time ₹ 10,00,000 - ₹ 20,00,000

    Job SummaryWe are seeking a seasoned Pricing Actuary to join our team. As a key member of our actuarial practice, you will be responsible for developing and implementing pricing strategies that drive business growth while managing risk.In this role, you will work closely with cross-functional teams to analyze market trends, competitor activity, and...

  • Lead P&C Actuary

    3 weeks ago


    Mumbai, Maharashtra, India Michael Page Full time

    About Our ClientOne of the largest conglomerates - new insurance verticalJob DescriptionKey Responsibilities:- Lead and manage the P&C actuarial team across multiple functional areas (pricing, reserving, reinsurance, capital modeling, etc.).- Develop and implement actuarial strategies aligned with business goals.- Advise executive leadership on product...