About US

Xceedance is a global provider of strategic consulting and managed services, technology, data sciences, and blockchain solutions to insurance organizations. Domiciled in Bermuda, with offices in the United States, United Kingdom, Liechtenstein, Switzerland, Poland, India, and Australia, Xceedance helps insurers launch new products, drive operations, implement intelligent technology, deploy advanced analytic capabilities, and achieve business process optimization.

Led by the Chief Actuary, Xceedance recently announced the expansion of global Actuarial and Analytics (A&A;) Services to better align with the strategic objectives and commitments of insurance organizations. The expanded capabilities feature advisory, consulting, staff enablement and technology enablement services.

Role and Responsibilities The ideal candidate for this role will have a proven track record of delivering complex research projects and have a solid background in using programming languages for delivering actuarial projects.

In this role, you will have the opportunity to apply your expertise in various research projects in Life insurance actuarial arena using programming languages and quantitative methods.

This role is responsible for working in Life team of A&A;, that works on developing life insurance products, developing pricing basis, creating profit test models, cashflow modelling, valuation models, asset liability management, solvency reporting, GAAP reporting, SCR/MCR calculations and optimization, EV/MCEV calculations etc.

Experience & Qualifications

- Graduates or post-graduates in Actuarial Science




- 5 years+ of Life insurance industry experience with extensive knowledge of at least one programming language
- Min 4+ exams passed as per new curriculum not including CB3/CT9 (Compulsory - CM1)
- Capable to perform research, keeping up with industry trends, sources, and methods
- Willing to explore new, and upcoming products and trends
- GGY AXIS - run into pricing preliminary work
- Modelers experience -
- Already have templates, person should be able to interpret
- Build models, run models, debug any errors
- Have an outside excel based system so that they can validate
- Go into GGY AXIS - able to go into the coding
- Effort: 1 day task sometimes, but its sporadic and it spreads out over several weeks. Model needs to be refreshed as and when new data comes in. Keep iterating
- Reinsurance experience, pricing preferable
- Life contingencies knowledge
- Someone who has worked with brokers, other reinsurance companies
- Differentiate between both profiles
- Experience of using statistical programming in Python or R for Life insurance actuarial projects will be an advantage
- Experience in core actuarial activities like appraisal valuation, embedded value, pricing, product development, statutory reporting, economic capital, Solvency requirements calculations, IFRS17, actuarial model development will be an advantage
- Strong research and analytical skills
- Able to work independently, by taking ownership of the projects assigned
- Good written and verbal communication, and a team player
- Experience with SQL, data visualization tools, and machine learning is a plus

📌 Manager (Bengaluru)
🏢 XCEEDANCE
📍 Bengaluru