Key Responsibilities
Actuarial Modelling
• Develop, maintain, and validate life insurance actuarial models with a focus on capital and asset side modelling.
• Perform model development, testing, validation, and ensure compliance with model governance standards.
• Support valuation, projection, experience investigation, and assumption-setting exercises. Analyze model results and provide actionable business insights.
Financial Reporting & Forecasting
• Support IFRS 17, Solvency, USGAAP, and other actuarial reporting requirements.
• Prepare long-term cashflow projections and profitability analysis. Perform impact assessment of assumption changes and model updates.
Model Validation & Controls
• Conduct model reviews, reconciliations, and validation testing. Investigate model discrepancies and recommend improvements.
• Analyze model point data, assumptions, and calculation methodologies.
Stakeholder Management
• Collaborate with actuarial, finance, risk, and technology teams.
• Support client engagements and communicate modelling results effectively.
• Prepare technical documentation and presentations for management.
Required Skills & Experience
• 4-7 years of actuarial modelling experience within the life insurance industry.
• Robust understanding of life insurance products, cashflows, actuarial principles and model controls.
• Experience in actuarial valuation, financial reporting, and projection modelling.
• Strong analytical, problem-solving and communication skills.
Technical Skills
• Experience with MG-ALFA actuarial modelling platform will be a significant advantage.
• Knowledge of Prophet, AXIS, or other actuarial modelling software is beneficial.
• Exposure to Python, VBA, SQL, or other automation tools is desirable.
• Understanding of actuarial model governance and validation frameworks
Preferred Qualifications
ALM (Asset Liability Management)
• Asset-liability cashflow projections.
• Interest rate risk analysis.
• Liquidity and duration management.
• Eco
📌 Life Actuarial resources (Gurugram)
🏢 EXL
📍 Gurugram