Job Description
Role Purpose
nWe 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.
nJob Responsibilities
n1. Develop and set up Prophet models for new products with detailed documentation and parallel Excel models
n2. Maintain and enhance existing Prophet models, including regression-based modelling and robust version control
n3. Improve usability and efficiency of models for stakeholders such as Valuation team, Business planning team and Shareholder reporting team
n4. Update models in line with Ind AS (IFRS) reporting requirements
n5. Optimize model performance by improving speed and structure
n6.



Support model reviews and validations conducted by internal audit teams and external reviewers
n7. Implement enhancements and updates based on changing business requirements
n8. Ensure proper model governance and documentation standards
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nSkills & Competencies Required
n1. Knowledge and Experience in Prophet Modelling
n2. Hands on in DCS, R, MS Office
n3. Knowledge of complex modelling techniques like loops, t-dependent variable, arrays etc. would be preferrable
n3. Knowledge of Ind AS (IFRS) would be preferrable
n4. Good communication skill
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nExperience Required
nMinimum 3 years to 6 years of experience in the Actuarial modelling team of Life Insurance Company
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nQualification Required
nCandidate should have completed 5 to 8 Actuarial Papers

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