Jobs Openings

MetLife based in Noida is actively hiring for the following position: TL/AM - Hybrid Mode Requirements- 1.TL- Minimum 2 years of experience and 5 papers (old curriculum) 2. AM- Minimum 3 years of experience and 6 papers (old curriculum) 3. Life Insurance background is preferred. 4. Skills- IFRS, solvency, analysis, US GAAP, life valuations, prophet modelling.

Bajaj Life based in Pune is actively hiring for an intern in Modelling Team. Requirements- 1. Candidates with CM1 and CS2 cleared are preferred. 2. Know how of programming tools will be an add-on. 3.There is a potential to get a contractual opportunity during the period of interview based on candidate’s performance.

Currently have openings in the following departments –

• General Insurance - Reserving
• Life Insurance – Pricing and Reserving
• Employee Benefits
• IFRS17 reporting

Roles and Responsibility: 1. The intern would be expected to develop skills and work in close collaboration with the other stakeholders. 2. The intern should be able to work independently as well as in a group. 3. Provide technical assistance involving research, statistical and numerical analysis of the reports, and solving problems. 4. Assist in developing Actuarial Models 5. Assist in Actuarial Reporting Qualifications: 1. Bachelor's degree in commerce, mathematics, economics, statistics or related field, or equivalent 2. At least 2 CM/CS/CB series exams passed. 3. Strong analytical, communication, organization, prioritization, and decision-making skills. 4. Good working knowledge of MS Excel and Python / VBA / SQL or similar software is preferred. Duration: The ideal duration of this internship will be 6 months. We believe in long-term engagements with our employees, the internship will convert to a permanent job given quality work is maintained by the candidate. The candidate must have a modern laptop and access to high-speed internet to perform internship duties and assignments.  

• Actuarial Business Planning/WPC Team
• Graduation Mandatory
• Good Progress towards Actuarial Exams

 

Max Life Insurance based in Gurugram, is actively hiring for the following position: Position : Opening for retrainer in the Prophet Modelling Team. Hybrid Model (2 days Work from Office) Credentials: CM1 mandatory and must be a graduate.

Reporting to- Actuarial Business Support Team Supervisor About PEN Underwriting PEN Underwriting is one of UK's leading MGAs with a bold vision to become a £1 billion GWP underwriting and distribution business. We have already built a well-known brand, transformed ourselves operationally and created a multi-class, multi-territory virtual insurer - combining all the security and capabilities you'd expect from an insurance company with the niche expertise and flexibility that MGAs are known for, as well as a true marketplace for our brokers. We are strongly supported by Gallagher who are one of the world's largest insurance brokerage, risk management and consulting firms. Being part of a strong global organisation, we will continue to focus on core values as well as an emphasis on growing. We will do this by investing in the businesses, the talent and the innovation which will drive our business to the next level. Job Responsibilities The candidate would be a part of the Pen Underwriting Actuarial team and would be playing a pivotal role in supporting/conducting reserving and/or pricing analyses for various Property & Casualty lines of businesses Professional Indemnity, Property, Public Sector, Cyber, etc. collaborating closely with the UK counterparts. The specifics include:

• Data cleansing and processing to facilitate actuarial analyses.
• Assist onshore stakeholders and actuaries in meeting reserving timelines, including updating data and documentation. The candidate would be required to apply a basic understanding of the traditional reserving techniques assumptions.
• Preparing rating tools and processes for existing and new insurance products.
• Conduct granular performance reviews and propose remediation plans for segments performing above target.
• Frequency/severity modelling using Emblem for certain lines of business.
• Contribute to development or innovative concepts, tools and automating reserving/pricing processes, including streamlining underlying sources of data and database.

Skills Required

• Proficiency in Microsoft Excel, including the ability to work with large datasets, perform basic calculations.
• Strong analytical skills with the ability to interpret data and draw meaningful insights.
• Familiarity with programming languages such as Python, SOL and R is advantageous but not essential.
• Excellent communication skills. both written and verbal to effectively convey complex information.
• Ability to work collaboratively in a team environment and adapt to changing products.
• Eagerness to learn and develop new skills in the field of Actuarial Science and Insurance.
• Ability to plan work effectively to prioritise tasks and meet deadlines.

Qualifications Required

• A student member of any of the actuarial institutes but not limited to lAl/IFoA/CAS
• Graduate/post-graduate.

• Good progress of Actuarial exams cleared as per the new curriculum, along with the zeal of pursuing the qualification further.

Position: Intern in the Pricing Team Requirements:

• 2023 Graduates Only
• 2-3 actuarial papers cleared ( CM1 mandatory)

Reliance Nippon Life Insurance based in Mumbai, is actively hiring for the following position: Position : interns in the Shareholder Reporting and Business Planning team. Candidates from Mumbai and with prior experience preferred. Actuarial Credentials: 3 or 3+ papers cleared (CM1 mandatory) The candidates will work on Business Planning and analysis, Embedded Value reporting (TEV and MCEV) and Value of New Business reporting (VoNB). Basic knowledge of Microsoft Excel required.  

Role : Corporate actuarial analyst Job description : Maintain Life & Health AXIS models. Requirements :

• 2+ actuarial papers cleared ( CM1 and CS1 mandatory)
• 0-1 years of experience in the actuarial field

 

We are seeking a motivated Actuarial Analyst to join our dynamic team in Noida, India. The ideal candidate should possess a Bachelor's degree in actuarial, commerce, science, or related fields, with a solid understanding of actuarial concepts. Key Responsibilities

• Perform actuarial analyses, including but not limited to pricing, reserving, and financial modeling.
• Support in the development and maintenance of actuarial models and tools.
• Prepare actuarial pricing models and transform them into RADAR.
• Collaborate with cross-functional teams to provide insights and recommendations.
• Assist in preparing reports and presentations for internal and external stakeholders.
• Stay updated with industry trends and regulatory changes.

Requirements:

• Bachelor's degree in actuarial, commerce, science, or related fields.
• Demonstrated progress in actuarial exams from a recognized professional body (IAI, IFoA, SOA).
• Minimum of 1-3 exams cleared.
• Excellent interpersonal and communication skills.
• Ability to effectively engage with global stakeholders.
• Strong analytical and problem-solving skills.
• Proficiency in relevant software and tools (e.g., Excel, Python, R).

We are an equal opportunity employer and welcome applications from all qualified individuals.

Hybrid - 2 days of work from office Responsibilities: • Design and test pricing algorithms for US admitted market bureau-based Commercial Property product, tailored to customer needs. • Analyze industry data to ensure profitability of the Commercial Property product and create proposals accordingly. Qualifications / Requirements:

• Graduates only
• 4+ actuarial papers cleared
• 2-4 years of meaningful property and casualty insurance experience

Skills:

• SQL
• Excel
• Python

 

Insurance Information Bureau of India is hiring, Life Insurance, Exams – Minimum 2 (CM1 mandatory), Experience – Fresher to 1 year, candidate should be willing to relocate to Hyderabad, graduates before 2023 can apply. Final year students cannot apply.

Full Time Staff for 6 Month.

Start Date – 6th May

No. of position – 2

Geo – Swiss

Domain – Life

Paper Pass – CM1 Mandate with 3 to 4 papers clear

Exp level – 6 Month to 1 year Internship or training

Immediate joiner

Openings in multiple domains - GI, Health, P&C, etc.

Requirements:

• Graduate
• Should have successfully cleared at least 1 actuarial paper and/or relevant degree in Actuarial Science
• Should have a basic understanding of pension benefits and should be able to differentiate between DB and DC schemes (knowledge of UK employee benefits would be an added advantage)
• Strong quantitative and analytical skills with ability to translate data into meaningful insights
• Ability to question the objective of an exercise and prod away diligently/incrementally whenever ideas occur
• Good communication and interpersonal skills.
• Adaptive to organisational culture and business environment and Good Team Player

Expected CTC - 5 to 5.5 LPA