Senior Analyst - Actuarial - Insurance

At present we an opening in Actuarial in LIFE INSURANCE domain.

Location: Gurugram.

Experience: At least 3 - 6 years' experience

About Us

The Company is the go-to source in risk-transfer solutions for complex liabilities. The company has proprietary technology designed to analyze, price, and manage insurance products with embedded capital markets risk, and partners with private equity and insurance companies across US & Europe to provide differentiated risk transfer solutions across multi-dimensional liabilities.

Who we are looking for?

We are looking for individuals who enjoy problem solving, possess strong technical & analytical skills, and enjoy working as a part of a collaborative team environment, taking on multiple roles within the insurance and finance space.

LIFE INSURANCE experience is MANDATORY.

What do we offer?

- Learn about the life insurance landscape in US & Europe, understand deal structuring and M&A

- Hands on actuarial learning across different verticals: Valuation, Modeling, Underwriting, Pricing, Analytics and more

- Opportunity to work with state-of-the-art software and technology solutions

- Flat organization that promotes networking opportunity with senior leadership

Responsibilities:

- Building, enhancing, and testing actuarial models for a variety of products (Term, WL, UL, VUL, FA/FIA, VA) built on companies proprietary ALM software.

- Ability to understand multiple regulations/accounting and solvency capital regimes (US Stat, GAAP, EBS, IFRS, Sol II etc.)

- Challenge and identify the gaps/areas for enhancements in current model implementations.

- Assist in different M&A deals across the life insurance space by conducting stress and scenario testing, vetting the experience study results, cash flow testing, and more to evaluate various facets of the deal

- Independently perform validations & adequacy checks including data quality

- Collaborate with different team members and relevant stakeholders

Requirements:

- Any Graduate.

- At least Cleared 2 - 4 papers of the Institute and Faculty of Actuaries or the Institute of Actuaries of India or equivalent

- Knowledge of annuity products (VA, FIA, FA, SPIA) and corresponding US statutory / GAAP regulations is a big plus

- Exposure to any of the actuarial modeling software (Moody's Axis, Prophet, MG ALFA, Aon PathWise, MoSes, or other commonly used software) is a plus

- Programming experience with at least one programming / statistical language (C#, Python, R, etc.) is a plus, but not mandatory to apply

- Excellent oral and written communication skills, as well as proficiency with MS Office Suite (Word, PowerPoint, Excel & VBA)

- Able to see and shape the "bigger picture". Comfortable working in a flat structured organization and interacting with executive management / investors is essential

- Demonstrated desire to take initiative, critical thinking and has sense of ownership.