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C2_Actuarial

EXL Service · Haryāna, Haryana, India

3–9 yrs experiencefull_timePosted 2w ago
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Job description

**Job Description: Role Overview:** - **3-10 years’ of actuarial experience in life insurance.** - **Should have passed 4-12 actuarial exams.** - **Experience of working in international markets such as US. Experience with Indian market will also be preferred. Good working knowledge of US-GAAP LDTI is preferable.** - **Must have exposure in data handling, actuarial modeling, experience analyses, EV reporting, statutory reporting, ALM and model testing & validation.** - **Experience working with GGY Axis, MG Alpha and Prophet will be an added advantage. Experience in SQL/Python/R is desirable but not mandatory.** - **Advanced life insurance and actuarial knowledge, strong technical, analytical, problem solving and interpersonal skills, effective communicator to superiors, peers and subordinate, good command of the English language.** - **Must contribute towards new business development such as assessing pain areas for our clients, generating solutions for clients.** - **Identify and participate in continuous improvement initiatives.** - **Ensure compliance with Data Privacy and Protection Guidelines.** **Responsibilities: Key Responsibilities:** - Complete understanding of the current state of affairs and problem statement - Interacting with clients on regular basis, understanding their requirements and transforming that into business framework and providing actuarial solutions - Work on transformation/automation initiative. - Build actuarial models for life insurance products. - Perform UAT testing, Unit testing, regression testing etc. for Actuarial model testing & validation. - Excellent written and verbal communication skills **Qualifications: Candidate Profile:** - Bachelor’s/Master's degree in economics, mathematics, actuarial sciences. - Affiliation to IAI, SoA or IFOA. - At least 3-10 years’ experience, with good understanding of Life products - pricing, experience studies, modeling, reserving and valuation. - Exposure to US life insurance market is preferable. - **Experience of working in international markets such as US or India. Good working knowledge of US-GAAP LDTI is preferable but not mandatory.** - **Exposure to polysystem, MG Alpha, GGY Axis, Prophet and/or any other modelling tool will be an added advantage. Experience in SQL/Python/R is desirable but not mandatory.** - Strong ability to learn technical and business knowledge. - Superior analytical and problem solving skills. - Outstanding written and verbal communication skills. - Able to work in fast pace continuously evolving environment and ready to take up uphill challenges. - Is able to understand cross cultural differences and can work with clients across the globe.