Actuarial Fellow - Life Insurance

Actuarial Fellow - Life Insurance

Life Actuary with expertise in capital management, ALM, reinsurance, product pricing, and actuarial valuation within the life insurance domain. The role involves applying advanced actuarial modeling techniques to manage risk, support strategic decision-making, and ensure the financial soundness of insurance products while collaborating with cross-functional teams.

Location - Bengaluru/Gurgaon/Mumbai.

Your Future Employer - A fast-growing organization in the insurance and financial services sector, known for its focus on innovation, strong risk management practices, and data-driven decision making.

Responsibilities :

- Support Corporate Actuarial functions including capital management, solvency monitoring, and business planning in collaboration with finance and risk teams.

- Conduct Asset-Liability Management (ALM) studies to ensure alignment between liability cashflows and investment strategies, including regular stress testing.

- Evaluate, design, and negotiate reinsurance treaties while maintaining strong relationships with reinsurers and ensuring alignment on underwriting philosophy and claims experience.

- Design, test, and price life insurance products by assessing mortality, morbidity, and lapse risks and establishing sustainable premium structures and underwriting guidelines.

- Develop and maintain actuarial models for valuation, reserving, and embedded value while ensuring reserve adequacy and regulatory compliance.

- Perform financial analysis and generate management reports to support profitability, capital efficiency, and risk mitigation strategies.

- Collaborate with product, finance, risk, and underwriting teams to align actuarial assumptions, scenario testing, and methodologies.

Requirements :

- Bachelors or Masters degree in Actuarial Science, Mathematics, Statistics, Finance, or a related discipline.

- Fellow of the Institute of Actuaries of India (FIAI) with life insurance specialization preferred.

- Approximately 10+ years of actuarial experience with at least 5 years of post-fellowship experience in life insurance valuation, reserving, or pricing.

- Strong expertise in actuarial software such as Prophet or MoSes along with advanced analytical and modeling capabilities.

- Excellent analytical, problem-solving, leadership, and communication skills.

What is in it for you :

- Opportunity to work in a high-impact actuarial role influencing strategic financial decisions.

- Exposure to advanced actuarial modeling, capital management, and reinsurance strategy.

- Collaborative work environment with cross-functional leadership teams.

- Opportunity to mentor teams and contribute to the development of actuarial capabilities.

Note :

We receive many applications daily, so it becomes difficult for us to get back to each candidate. Please assume that your profile has not been shortlisted in case you don't hear back from us in 1 week. Your patience is highly appreciated