Job Description

Purpose:

- Lead actuarial capital modelling and risk analytics delivery within agreed timelines and quality standards
- Provide technical leadership for Internal Model, Solvency II, Economic Capital and Capital Management activities.
- Drive model development, validation, governance, automation and continuous improvement initiatives.

Work Experience:

- Minimum 10 years of experience in Life Insurance Actuarial domain.
- Minimum 4+ years in a people management role.
- Significant experience in Solvency II Internal Model, Standard Formula, Economic Capital or Risk Modelling.
- Experience working directly with UK Life Insurance clients and stakeholders.

Process Responsibilities - Capital Modelling:

- Extensive experience in Solvency II Internal Model and/or Standard Formula capital calculations.
- Strong understanding of Market Risk, Credit Risk, Insurance Risk, Operational Risk and Liquidity Risk.
- Lead SCR calculations, validation and reporting.
- Perform Economic Capital assessments and capital forecasting.
- Support ORSA, capital management and risk appetite monitoring.
- Analyse impacts of management actions, asset strategy changes and recent business growth on capital position.

Process Responsibilities - Modelling & Analytics:

- Strong experience with Prophet Professional, Prophet Enterprise and Prophet ALS.
- Experience in stochastic modelling and economic scenario generation.
- Internal Model development,



calibration and parameterisation.
- Stress testing, sensitivity analysis and reverse stress testing.
- Capital attribution, movement analysis and model performance monitoring.
- Validation, back-testing and assumption review activities.

Process Responsibilities - Governance & Controls:

- Strong understanding of Solvency II governance requirements.
- Support Internal Model governance committees and regulatory submissions.
- Ensure compliance with model risk management frameworks and validation standards.
- Maintain robust documentation, audit trails and controls.
- Support regulatory reviews and audit activities.

Process Responsibilities - Automation & Innovation:

- Strong programming expertise in Python, R and SQL.
- Experience in automation of actuarial modelling processes.
- Develop analytical tools and management dashboards.
- Experience working with Snowflake, Azure or other cloud-based data platforms.
- Drive efficiency and process enhancement initiatives.

Project Leadership:

- Lead strategic capital modelling transformation initiatives.
- Manage project plans, stakeholder communications and delivery governance.
- Coordinate with Actuarial, Finance, Investment and Risk teams.
- Identify opportunities for process improvement and model optimization.
- Ability to think creatively and solve complex business problems.

📌 Group Manager - Actuarials (Capital Modelling) GGN - WFO (Gurugram)
🏢 Wns Global Services
📍 Gurugram