Purpose of the Role The Actuarial Developer will be responsible for designing, developing and validating actuarial calculation systems within a modern technology environment. The role requires a strong combination of actuarial knowledge and software engineering capability , particularly within the life insurance and annuity domain .

You will work closely with actuarial, product and engineering teams to translate actuarial product specifications into scalable and robust technical solutions using C#, AWS and T-SQL . The role involves implementing complex actuarial calculations and ensuring they are accurately embedded within enterprise insurance systems.

Key Responsibilities

- Develop and maintain actuarial calculation engines and services using C# and .NET frameworks .
- Translate actuarial specifications and product rules into well-structured technical designs and system implementations .
- Implement calculations for life insurance and annuity products for US market , ensuring accuracy and alignment with actuarial models.
- Develop and optimise T-SQL queries, stored procedures and database structures to support actuarial calculations and data processing.
- Build and deploy solutions within AWS cloud environments , leveraging cloud-native services where appropriate.
- Perform rigorous testing and validation of actuarial calculations to ensure alignment with business and product requirements.
- Support integration of actuarial models with policy administration systems and insurance platforms .
- Work closely with product managers, developers and analysts to deliver end-to-end solutions.
- Contribute to system enhancements, product launches and change initiatives within the insurance platform.
- Support delivery activities including system testing, UAT support and post-deployment enhancements .

Required Qualifications and Skills

Technical Skills

- Strong programming experience in C# / .NET for system and application development.




- Experience working with AWS cloud platforms (e.g., EC2, Lambda, S3, RDS or similar services).
- Strong working knowledge of T-SQL / SQL Server for database development and data processing.
- Experience implementing calculation logic within enterprise systems or financial platforms.
- Ability to translate actuarial specifications into structured software implementations.

Actuarial and Domain Knowledge (Mandatory)

- Robust understanding of Life Contingencies and actuarial mathematics.
- Good understanding of life insurance and annuity product features , including product structures, benefits, policy mechanics and cashflow behaviour.
- Experience implementing life insurance or annuity product calculations within a system or modelling workplace .
- Ability to interpret actuarial specifications and translate them into system logic.

Educational Background

- Degree in Actuarial Science, Mathematics, Statistics, Computer Science or a related quantitative discipline .
- Strong quantitative background (A-level Mathematics or equivalent).
- Progress toward actuarial qualification (e.g., IFoA) is desirable but not mandatory.

Desirable Experience

- Experience working with insurance or insurtech platforms, particularly life insurance, pensions or protection products.
- Familiarity with cloud-based architectures and distributed systems.
- Knowledge of Python or other scripting languages for data processing and automation.
- Exposure to policy administration systems or actuarial modelling platforms.
- Understanding of modern technologies such as AI, automation or analytics in insurance.

Personal Attributes

- Strong analytical and problem-solving skills.
- High attention to detail and commitment to calculation accuracy.
- Ability to work effectively across actuarial and engineering teams.
- Excellent communication and documentation skills.
- Self-motivated with a proactive approach to learning and development.
- Comfortable working in a rapid-paced, delivery-focused environment.

📌 Senior Actuarial Developer (India)
🏢 AInsurCo
📍 India