Role description

Join Tata AIA Life Insurance, a leading and fastest-growing life insurance provider in India, established in 2001 as a joint venture between Tata Sons Pvt. Ltd. and AIA Group Ltd. Our company embodies a legacy of trust, integrity, and excellence, combining Tata's esteemed leadership with AIA's extensive pan-Asian expertise. At Tata AIA, our vision is to be the pre-eminent protection provider enabling dreams and inspiring healthier, happier lives.

We foster a culture of innovation, inclusivity, and continuous learning, offering dynamic growth opportunities opportunities and a supportive work environment. Recognized as a Great Place to Work and recipient of the Kincentric Best Employer Award, we are committed to employee satisfaction and holistic well-being. Our core value, People - Our Core, emphasizes our dedication to inspiring our employees to be and deliver their very best. Our aim is to attract, hire anddevelop highly capable leaders who are just, fair, ethical, and accountable for their actions. We strive to provide our employees with the right training, technology, equipment, resources, and guidance to perform their job effectively. Our promise to you is to provide for a diverse, equitable, and inclusive work environment, where each employee is valued as an individual and treated with respect, care, and compassion.

Fuel your future with us, find your wings, and S.O.A.R. - Shape opportunities, Optimize your potential, Accomplish meaningful work, and Reap holistic growth.

A.Position Overview

Position Title

Assistant Manager - Actuarial

Department

Actuarial - Statutory Valuation

Level/ Band

301 / Assistant Manager

Role Summary:

Will be a member of statutory valuation team within the Actuarial function. Responsibilities include the following:



Statutory Valuation, Statutory reserves and solvency, Indian Risk Based Capital, Regulatory (IRDAI) reporting and year-end actuarial returns.

B.Organizational Relationships

Reports To

Senior Manager - Actuarial

Supervises

NA

C.Job Dimensions

Geographic Area Covered

PAN India

Stakeholders Internal

Actuarial, Finance, Risk Function

Stakeholders External

Peer Reviewer, EV Reviewer, IRDAI

D.Key Result Areas

. Timely and accurate computation of actuarial deliverables including Reserves, Solvency, regulatory reports and ad‑hoc analysis
. Performing and reviewing Prophet model runs and testing
. Updating Prophet assumption tables and supporting valuation activities
. Handling ad‑hoc actuarial queries from internal and external stakeholders

E.Skills Required

Technical

Behavioral

Essential

Desired

Interpersonal skills

.

Communication skills

.

Creative thinking skills

.

Supervising/Leadership skills

.

Teamwork Skills

.

Influencing skills

.

Relationship Building skills

.

Decision making skills

.

F.Incumbent Characteristics

Essential

Desired

Qualification

Actuarial student with good exam progress (minimum 6 exams cleared)

Experience

3 - 4 years of relevant actuarial experience

Disclaimer:
Tata AIA Life Insurance does not charge any fees from candidates during the hiring process. If the application aligns with our requirements, you may be contacted for further steps. Verify job offers through official Tata AIA communication channels to avoid fraud. The job description is the sole property of Tata AIA Life Insurance. The content of this JD is confidential, and unauthorized changes or reproduction are forbidden. To know more about Tata AIA Life, click on the weblink:

📌 Senior Executive - Actuarial (Mumbai)
🏢 Tata AIA Life
📍 Mumbai