Job Description:

System Support - Actuarial Role - Manager 5 - 10 Years - Gurugram

We are hiring a System Actuarial professional with 5 - 10 years of experience in Life Insurance for Decision Analytics. This role is ideal for professionals with experience in Actuarial Modelling, Experience Analysis, Benefit Illustration Models, Model Testing & Validation, and Life Insurance Products, particularly those with exposure to US life insurance markets.

Your Future Employer:

It is a leading operations management and analytics company that helps businesses improve growth, profitability, customer satisfaction, and risk management through analytics, automation, consulting, and technology-driven solutions. It serves industries including insurance, healthcare, banking, and financial services.

Responsibilities:

- Build actuarial models for life insurance products and support actuarial solutions for client requirements.

- Perform experience analysis, data handling, and work on Benefit Illustration models.

- Conduct UAT, unit testing, regression testing, and actuarial model testing and validation.

- Interact with clients to understand business requirements and translate them into actuarial solutions.

- Contribute to transformation, automation, and continuous improvement initiatives.

- Identify client pain points and support new business development by proposing solutions.

- Ensure compliance with data privacy and protection guidelines.

Requirements:

- Bachelor's or Master's degree in Economics, Mathematics, or Actuarial Science.

- 5 - 10 years of actuarial experience in Life Insurance and completion of 4 - 12 actuarial exams.

- Affiliation with IAI, SOA, or IFoA.

- Experience in international markets, particularly the US Life Insurance market; knowledge of US products and illustrations is preferred.

- Exposure to actuarial modelling tools such as Polysystem, MG-ALFA, GGY AXIS, or Prophet.

- Experience in data handling, actuarial modelling, experience analysis, and model testing/validation.

- Knowledge of SQL, Python, or R is desirable but not mandatory.

What's in it for You:

- Opportunity to work with experienced analytics consultants on complex actuarial and business problems.

- Exposure to international clients and life insurance products.

- Opportunities to work on actuarial modelling, automation, and transformation initiatives.

- A learning-oriented environment with mentoring, professional development, and exposure to advanced analytics tools.