Company: Agam Capital

Job Location: Gurgaon. (Candidate should be open to travel / relocate overseas)

Title: Actuarial - Director

Experience: Qualified Actuary with 12 - 15 years

– Actuarial Director

Requirements

- Extensive experience in actuarial valuation, pricing, ALM, Roll-forward, and Embedded Value (EC) activities across multiple US Life Insurance product blocks.
- Strong knowledge of US Life Insurance products, valuation methodologies, financial reporting, and associated business processes.
- Strong understanding of financial statements, including Balance Sheet and Income Statement, and their interaction with actuarial results.
- Excellent analytical and problem-solving skills, with the ability to investigate complex actuarial and financial issues and drive them to resolution.
- Proven ability to review, challenge, and validate technical deliverables, ensuring accuracy, quality, and adherence to business requirements.
- Demonstrated experience leading multiple workstreams, managing competing priorities, and ensuring timely and high-quality delivery.
- Strong stakeholder management, presentation, and communication skills, with the ability to work effectively with senior management and global teams.
- Proven ability to lead, develop, and mentor actuarial professionals and build a high-performing team.
- Strong focus on process improvement, operational efficiency, controls, and continuous enhancement of actuarial processes.

Responsibilities

- Lead and provide oversight for Insurance/Reinsurance operations in international markets including Bermuda/London/Cayman/US/Canada/Japan and other Agam locations.
- Own end-to-end delivery of actuarial, Risk and ALM workstreams, ensuring quality, accuracy, timely execution, and adherence to project and business timelines.
- Provide technical leadership on complex actuarial investigations,



including root cause analysis, reserve movements, assumption changes, new business impacts, and experience variances.
- Review and challenge Analysis of Movement (AOM), valuation results, reconciliations, and other key actuarial deliverables.
- Partner with actuarial managers and senior stakeholders on project planning, prioritization, resource allocation, and delivery of key strategic initiatives.
- Lead internal team operations, including work allocation, capacity planning, progress tracking, quality assurance, and performance management.
- Establish and maintain robust review and control processes to ensure the accuracy and integrity of actuarial calculations and reporting.
- Leverage strong knowledge of US/UK Life Insurance products, statutory valuation, financial reporting, and actuarial modelling to provide insights and support business decisions.
- Lead investigations into actuarial and financial variances and communicate findings, implications, and recommended actions to senior stakeholders.
- Drive process improvements, automation, standardization, and operational efficiencies across actuarial processes.
- Support audit, regulatory, and management reporting requirements and act as a key point of contact for actuarial deliverables.
- Develop and mentor actuarial talent, provide technical guidance, and foster a culture of accountability, collaboration, and continuous improvement.
- Collaborate with global actuarial, finance, technology,



and business teams to deliver strategic initiatives and resolve complex business issues.

Qualification

- Economics Honors degree or equivalent.
- Actuarial qualification; Fellow of IFOA a must with 3-year post qualification experience.

Experience

- 12+ years of experience in the life insurance industry, with significant experience in areas such as financial reporting, ALM, Risk Management, Actuarial modelling, and related actuarial processes.
- Strong experience leading valuation and rollforward activities, including reserve movements, assumption changes, recent business impacts, and experience variances.
- Extensive experience performing Analysis of Movement (AOM), reconciling changes in reserves and liabilities, and interpreting actuarial results.
- Proven experience investigating actuarial and financial variances and translating complex analysis into actionable insights for senior management.
- Strong experience developing, maintaining, reviewing, and executing actuarial models using Prophet or similar actuarial modelling platforms.
- Experience leading model testing, validation, implementation, and actuarial process enhancements.
- Experience managing audit, regulatory, and management reporting requirements.
- Demonstrated experience reviewing and signing off on technical deliverables, performing quality assurance, and ensuring the accuracy and integrity of actuarial calculations.
- Experience managing and mentoring actuarial teams, allocating resources, and driving delivery across multiple projects and priorities.
- Proven experience working with senior stakeholders and leading cross-functional and global teams.
- Experience identifying and implementing process improvements, automation, and standardization initiatives to enhance efficiency and control.

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