Job highlights

- Full Time
- The technical storage or access is required to create user profiles to send advertising,or to track the user on a website or across several websites for similar marketing purposes

Actuarial Analyst - US Software Service Group

Job Type: Full Time

Job Title: Actuarial Analyst

Experience Level: 2+yrs

Work location: Remote if required needs to come to Mumbai Office

Key Responsibilities

- The Actuarial Analyst would help in the current conversion from MG Triton to Prophet 360 for valuation, and from Prophet NAUS to Prophet 360 for projections.
- Review and document existing model structure, assumptions, and custom code used in Prophet NAUS.
- Identify features or elements that may require changes or enhancements during migration Conversion to Prophet 360
- Rebuild or convert Prophet NAUS models into Prophet 360-compliant formats, ensuring fidelity of projections and calculations.
- Implement best practices aligned with Prophet 360 s architecture and modeling conventions Testing and Validation

- Perform parallel runs between old and new environments to validate results.
- Resolve discrepancies, optimize model performance, and ensure consistency in output.
- Merge documented change requirements from other actuarial teams into Prophet models.

- Support ongoing maintenance of Prophet 360 and NAUS models.
- Implement consistency and best practices across Prophet libraries.
- Assist with library updates as needed.
- Contribute to regression testing and the master model release process.

- Preparing and reviewing financial reporting deliverables under US GAAP.
- Working with actuarial modeling tools (e.g., Prophet, DCS) to support life insurance product development and valuation.
- Validating model assumptions and analyzing their impact on financial reserves.

- Performing user acceptance testing to ensure accuracy and reliability of model updates*.*




- Conducting cash flow validations for new insurance products, ensuring compliance with regulatory.

Technical Skills

- Basic to intermediate proficiency in Prophet (libraries like Prophet 360 and ALS).
- Strong skills with Excel.
- Understanding of cash flow modeling, reserves, and ALM concepts.

Soft Skills

- Solid communication and collaboration across teams.
- Demonstrates initiative and problem-solving ability

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📌 Actuarial Analyst (Mumbai)
🏢 US Software Services Group
📍 Mumbai