Role Purpose
We are looking for skilled Actuarial personnel with solid experience in Prophet Modelling to support actuarial valuation, IFRS reporting, business planning, and shareholder reporting. The role involves development, maintenance, and enhancement of actuarial models, along with close coordination with internal stakeholders.
Job Responsibilities
Develop and set up Prophet models for recent products with detailed documentation and parallel Excel models
Maintain and enhance existing Prophet models, including regression-based modelling and robust version control
Improve usability and efficiency of models for stakeholders such as Valuation team, Business planning team and Shareholder reporting team
Update models in line with Ind AS (IFRS) reporting requirements
Optimize model performance by improving speed and structure




Support model reviews and validations conducted by internal audit teams and external reviewers
Implement enhancements and updates based on changing business requirements
Ensure proper model governance and documentation standards
Skills & Competencies Required
Knowledge and Experience in Prophet Modelling
Hands on in DCS, R, MS Office
Knowledge of complex modelling techniques like loops, t-dependent variable, arrays etc. would be preferrable
Knowledge of Ind AS (IFRS) would be preferrable
Valuable communication skill
Experience Required
Minimum 3 years to 6 years of experience in the Actuarial modelling team of Life Insurance Company
Qualification Required
Candidate should have completed 5 to 8 Actuarial Papers

📌 Lead Prophet Modelling Actuarial Mumbai
🏢 Star Union Dai-ichi Life Insurance Company
📍 Mumbai