The Role

The Actuarial Associate Manager is responsibility to manage the end-to-end delivery of actuarial projects across reserving, pricing, capital, risk modelling and financial reporting. The role combines hands-on actuarial expertise with technical review, project management, client engagement and day-to-day guidance of a small team or project workstream.

You will apply sound actuarial judgement to data, methods, assumptions, models and conclusions; ensure high-quality and timely delivery; explain findings clearly to clients and senior colleagues; and build team capability through coaching, feedback and knowledge sharing.

What You Will Do

Actuarial Project Delivery

- Manage the end-to-end delivery of actuarial assignments across P&C; reserving, pricing and insurance optimisation, captive capital and Solvency II, risk financing, and financial reporting.
- Define and manage scope, workplans, timelines, budgets, dependencies and quality checkpoints for small to medium projects or workstreams within larger engagements.
- Prepare and oversee forward-looking loss forecasts, reserve analyses, capital assessments and other bespoke actuarial models for corporate and captive insurance clients.
- Interpret model outputs, investigate movements and translate technical results into clear, commercially relevant recommendations.

Technical Review and Quality Assurance

- Perform independent technical and editorial review of data, methodologies, assumptions, calculations, models and client deliverables, applying reasonableness checks and actuarial judgement.
- Ensure work is accurate, reproducible, appropriately documented and compliant with applicable professional, regulatory and internal standards.




- Resolve routine and moderately complex technical issues using established methods and prior experience, escalating novel or higher-risk matters when appropriate.
- Maintain clear review evidence and support continuous improvement of templates, controls and quality frameworks.
- Lead or contribute substantively to client calls, meetings, workshops and presentations, explaining actuarial methods, findings, limitations and recommendations in accessible language.
- Work collaboratively with colleagues across geographies and disciplines, coordinating inputs and ensuring effective information exchange.

Team Leadership and Capability Building

- Coordinate the daily activities of analysts and senior analysts on assigned engagements, allocate work and monitor progress against agreed plans.
- Coach colleagues, answer technical queries and provide timely, constructive feedback that improves actuarial judgement, communication and delivery quality.
- Deliver training and knowledge-sharing sessions and contribute to a cooperative, inclusive environment that encourages technical development and shared learning.
- Support resource planning, workload prioritisation, onboarding and development discussions for the immediate team.

Core Areas of Work

Area / Typical responsibilities

P&C; Pricing and Optimisation - Loss forecasting, insurance programme analysis, risk transfer optimisation and strategic recommendations.





P&C; Reserving - Reserving analysis, movement investigation, methods and assumptions, report writing and transparent presentation of conclusions.

Capital and Solvency II - Profitability and financial strength assessment for captives, review of SCR and technical provisions, assumption challenge and regulatory support.

Bespoke Analytics -Risk financing, modelling tools, scenario analysis, automation, research and multidisciplinary risk projects.

Experience and Qualifications

- Recognised degree in actuarial science, mathematics, statistics, economics, engineering or another highly numerate discipline.
- A minimum of 8 out of 13 actuarial examinations completed toward a recognised actuarial qualification.
- At least 5 years of relevant actuarial experience, including experience in one or more of P&C; reserving, pricing, capital, risk financing, captive insurance or financial reporting.
- Experience managing project delivery or workstreams, reviewing actuarial work and guiding junior colleagues.
- Advanced written and spoken English, with the ability to produce concise reports and communicate confidently with technical and non-technical stakeholders.

Technical Tools

Strong Microsoft Office capability is required. Proficiency in at least one relevant analytical or actuarial tool is expected, such as R/R Shiny, Python, Power BI, RADAR, Igloo or ResQ. The successful candidate should be able to select fit-for-purpose tools, review outputs critically and support reproducible analysis.

This description outlines the principal responsibilities of the role. Responsibilities may evolve in line with business needs, client demand and the development of the successful candidate.

📌 Actuarial Associate Manager (Mumbai)
🏢 Wtw Global Delivery And Solutions
📍 Mumbai