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:

Business Planning:

- Business Plan - Performing yearly business plan activity involving projection of the Margins, EV, Stat Profit etc.
- Tracking of the plan numbers against the actual and identify the reasons for the differences. Annual IRDAI submission on FCR, Annexure ST and Section 7 of AAAR/ARA.

Experience Analysis:





- Assumptions setting – Actuarial assumptions are required for calculation of reserves, EV, NBM and pricing new products. The role would involve performing the assumption setting once a year for mortality and lapses to determine the assumptions to be used in pricing, EV and valuation.
- Discontinuity/Mortality reporting – Executing DCS codes, updating excels and working out the discontinuity/mortality rates. Analyzing the trends, updating the quarterly report and communicating the results together with recommendations.

Allowable reporting – Measuring the allowable under the recent business helps the business planning team to identify areas of control over payouts to the channels. The role would require monthly and quarterly allowable reporting to the financial planning team so that they can compare the actual expenses vs those loaded in premiums / planned expenses.

State:

Home Office

Branch:

Gurugram HO

Department:

Actuarial

Function:

Actuarial - Services

Posted On:

14-Jul-2026

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