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.
- Strong 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.
- Economic scenario testing.
- Economic Capital modelling.
- Risk-based capital frameworks.
- Solvency and capital assessment exercises.
- Scenario and stress testing.

Capital Modelling

Ideal Candidate A motivated actuarial professional with strong life insurance modelling expertise, progressing towards actuarial qualification, and capable of delivering high-quality modelling solutions.

Experience in MG-ALFA, ALM Modelling, Capital Modelling, and US Life Insurance will be considered a significant advantage

Responsibilities

Required Skills &

- Experience

- 4-7 years of actuarial modelling experience within the life insurance industry.
- Strong understanding of life insurance products, cashflows, actuarial principles and model controls.
- Experience in actuarial valuation, financial reporting, and projection modelling.
- Robust analytical, problem-solving and communication skills.

Qualifications

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

📌 Life Actuarial resources (Gurugram)
🏢 EXL
📍 Gurugram