Location – Mumbai (Work from Office)
Experience – 2+ years
Qualifications – 5 or more Actuarial papers cleared (Recent Curriculum)
Skills – User proficiency with Prophet software is mandatory
Industry – Life Insurance
About the Role:
We are seeking a skilled actuarial professional with strong understanding of actuarial cash flows. The role will focus on delivering accurate and insightful Value of New Business (IVNB) reporting to internal stakeholders and shareholders, supporting strategic decision-making and financial performance evaluation.
Key Responsibilities:
• Conduct timely and accurate IVNB reporting with strong attention to detail and adherence to controls
• Carry out analysis of VNB movements against plan and prior periods, highlighting key drivers
• Perform sensitivities and analysis to support management inputs and decision-making
• Participate in testing of actuarial models and releases, providing structured feedback to the modelling team
• Help respond to internal, financial, and regulatory (IRDAI) queries with clear and well-documented analysis
• Contribute to process improvements and automation (Power BI, Excel, VBA) and support development of reconciliation dashboards
• Assist in ad-hoc tasks, project work, and new product/model testing within defined timelines
• Maintain proper documentation, checklists, and governance standards to ensure process consistency and transparency