Job Title
- Modelling Actuary, Consultant

Position type
- Full Time

Work Location
- Bangalore, Whitefield

Working style
- Hybrid

Cab Facility
- Yes

Required education and certifications critical for the role
- Degree in Actuarial Science

Required years of experience
- 3-5 years of relevant experience

Skills/Competencies Required
- 3+ years of modelling experience in life insurance industry or consulting firms
- In-depth actuarial domain knowledge of life insurance products including but not limited to the Indian market, and the statutory requirements for such products
- Experience in IFRS17/Ind AS 117, Traditional Embedded Value (TEV) and Market Consistent Embedded Value (MCEV) reporting
- Understanding of regulations such as HK-RBC, SG-RBC and Solvency II
- Experience with object-oriented programming languages and actuarial software systems (Python programming experience preferred)
- Pursuing actuarial examinations from a recognized professional body/institute with valuable exam progress




- Ability to work in a highly collaborative environment as well as independently with minimum supervision
- Ability to take ownership of a technical challenge and see it through to a successful conclusion
- Strong communication skills for heavy team and client interaction

Job Responsibilities
- Development Services
- Develop and implement actuarial models for assets and liabilities for clients based on local valuation and solvency regulations for tasks like financial reporting, statutory liability computation, pricing, embedded value, and appraisal value
- Develop and implement IFRS17 reporting including calculation of fulfillment cash flows, risk adjustment, and Contractual Service Margin under different measurement models for clients
- Develop and deliver automated solutions including integration of multiple workflows
- Develop and implement asset liability management (ALM) / liability driven investing (LDI) models for institutional clients
- Provide programming and analytica

📌 Modelling Actuary, Consultant (Gurugram)
🏢 Aon
📍 Gurugram