Actuarial Intern

Job Location: Gurgaon

Any Graduate with at least 2 actuarial papers cleared.

Actuarial Intern

We are looking for an Actuarial Intern to join our team and gain hands-on experience in life insurance modelling, valuation, risk management, and financial analysis. The ideal candidate will have a strong academic foundation in actuarial science, mathematics, statistics, or a related field and a keen interest in the life insurance industry.

Requirements:

- Pursuing a degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or a related quantitative discipline.
- Actively pursuing an actuarial qualification and having cleared 1 or more actuarial papers would be preferred.
- Robust interest in Life Insurance products, particularly US Life Insurance and/or Annuity products.
- Basic understanding of actuarial concepts such as pricing, valuation, reserves, risk management, cashflows, and ALM.
- Strong analytical and problem-solving skills with a logical and structured approach.
- Good knowledge of Excel; exposure to programming languages such as Python, R, SQL, or VBA would be an advantage.
- Exposure to AXIS or other actuarial modelling/projection software would be an advantage but is not mandatory.
- Ability to learn new concepts, tools, and processes quickly.




- Good oral and written communication skills.
- Ability to manage multiple assignments and meet deadlines.

Responsibilities:

- Assist the actuarial team in the conversion, valuation, and analysis of life insurance blocks of business.
- Support model testing and validation activities following model development or conversion.
- Assist in developing and maintaining cashflow models for insurance liabilities, investments, and derivatives.
- Support experience analysis and investigation of movements in insurance portfolios.
- Assist in preparing income statement and balance sheet projections from financial models.
- Support movement analysis to understand and explain changes in financial and capital positions.
- Assist with developing and enhancing actuarial models and processes to improve efficiency and accuracy.
- Support analysis related to new business, acquisitions, reinsurance transactions, and capital requirements.
- Assist with financial projections, capital analysis, and ad hoc actuarial analysis for business initiatives.
- Work closely with experienced actuaries and analysts to develop practical knowledge of US Life Insurance, actuarial modelling, valuation, and ALM.

📌 Actuarial Intern (Gurugram)
🏢 Agam Capital India
📍 Gurugram