Manager - Actuarial Services (India)

Manager - Actuarial Services (India)

16 Sep
|
AxisMaxlife
|
India

16 Sep

AxisMaxlife

India

About Axis Max Life

Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Ltd., is a joint venture between Max Financial Services Limited (“MFSL”) and Axis Bank Limited.

Axis Max Life Insurance offers comprehensive protection and long-term savings life insurance solutions through its multi-channel distribution, including agency and third-party distribution partners. It has built its operations over two decades through a need-based sales process, a customer-centric approach to engagement and service delivery, and a well-trained human capital.

Axis Max Life has been consistently ranked among the best workplaces by the GPTW Institute, reflecting its commitment to creating a positive and empowering work environment.

#ComeAsYouAre LGBTQIA+ and PwD candidates of all ages are encouraged to apply

Job Description:

Role

Actuarial Data Manager will be responsible for ensuring timely, accurate, and structured data availability for actuarial modelling and reporting. You will lead the coordination with IT, cross-functional business teams, and actuarial stakeholders

Key Responsibilities:

Data Coordination & Streamlining

-
Act as the primary liaison between the actuarial and IT teams to ensure availability of accurate data.

- Drive automation and systemization of data extraction and transformation processes

Issue Resolution & Data Integrity

-
Identify, investigate, and resolve data-related issues impacting actuarial processes (e.g., missing data, inconsistencies, delays).





- Maintain audit trails and documentation of data corrections or overrides.

SQL Development for New Products:

-
Write, validate, and maintain SQL scripts to extract and transform data for new products.

- Ensure scalability and adaptability of code for future data changes and enhancements.

Monthly Data Availability & UAT:

-
Ensure end-to-end data delivery for monthly actuarial runs (reserving, reporting, etc.) as per agreed timelines.

- Lead and coordinate user acceptance testing (UAT) for new or modified data extracts or tables. Maintain a checklist and schedule for monthly data refresh and validation.

Supporting Actuarial team in Quarterly and Annual IRDAI Reporting

-
Support the team in quarterly computation and reporting of reserves and solvency of the company.

- Work on Annual Actuarial submissions to IRDAI.

Skills:

- Solid knowledge of SQL and relational databases.

- Understanding of actuarial processes and insurance product structures.

- Good communication and project coordination skills.

- Familiarity with data governance practices is an added advantage.

Essential qualifications and experience:

Qualification - must have

Graduate/post graduate with strong knowledge in SQL. Progress on actuarial exams is an added advantage.

Experience

4-6 years of relevant experience

State:

Home Office

Branch:

Gurugram HO

Department:

Actuarial

Function:

Actuarial - Services

Posted On:

31-Aug-2026

📌 Manager - Actuarial Services (India)
🏢 AxisMaxlife
📍 India

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