- Actuarial Qualification: Passed in 10 and above actuarial exams as per new curriculum.
- 7 plus years of actuarial work experience.
- Priors hand-on experience in prophet modelling is mandatory.
- Good understanding of life insurance products.
- Able to manage team and good communication skills for coordinating with internal stakeholders
- Prophet and DCS
- Additional advantage to have knowledge of life insurance reporting.
- Stakeholder Management
Team – Modelling Requirements Actuarial Qualification: Passed in 10 and above actuarial exams as per new curriculum. 7 plus years of actuarial work experience. Priors hand-on experience in proph...
- Assist in preparation of actuarial valuation and compliance work for Retirement and Post Retiree Medical (OPEB) plans under single and multi-employers, including:
- Funding valuations
- Accounting valuations
- Government form preparation
- Perform benefit calculations
- Assist in preparation of valuation, disclosure and expense reports
- Prepare benefit coding to replicate valuations under legacy tools
- Analyze and assist on special retirement projects
- Provide broader day-to-day support to staff based in Gurgaon, Dubai and USA
- Maintain a healthy billing rate across calendar year
- 4-6 years of US EB Actuarial experience
- Graduates / Post-graduates – preferably Math / Stats / Eco / Commerce streams
- Good knowledge of US retirement and OPEB work (Middle east valuation experience is a plus)
- Proval software experience
- 3-7 actuarial exams
- Proficiency in Microsoft office applications, particularly MS-Excel (VBA experience is a plus)
Responsibilities Assist in preparation of actuarial valuation and compliance work for Retirement and Post Retiree Medical (OPEB) plans under single and multi-employers, including: Funding valuations A...
- Works on all stages of the process – from validating data received from the client to liability calculation with the final step of reporting results to the client in the form of actuarial reports
- Prepares data validation, preliminary data reconciliation, detailed data query files and sends to reviewer for review
- Correctly captures the replies received while formulating the final data to be used for liability valuation
- Carries out the valuation run, and cross verifies the results using simple, logical checks
- Carefully reviews communication received form the team leader or project manager
- Sets up current year directories on network
- Adheres to all pre-defined steps while carrying out the work
- Projects plan assets if financial statements’ end date is before the valuation date
- Calculates required asset values and rate of return for the inter-valuation period
- Prepares the final valuation report to be shared with the client after collating all the liability results and stats from the software’s
- Understands the disclosure requirements and does a broad level analysis to ensure that the numbers entered make sense
- Carries out conversion of the valuation runs from the old software to the new software
- Demonstrates good understanding of the Indian and International accounting standards
- Support in Special Projects (Actuarial and Non-Actuarial) which involve intensive data analytics and client communication
- Bachelors’ degree (2024 pass outs) in Commerce, Economics, Mathematics, Statistics, Business or related field.
- Attention to detail.
- Self-motivated and able to work with little supervision
- Ability to identify and solve problems creatively
- Strong working knowledge of the following PC-based software applications for analysis and reporting: Excel, Word, PowerPoint.
- Excellent communication skills with a strong command of English language
- Good analytical and research capabilities with the ability to challenge conventional thinking
- Passions to acquire, share, and disseminate new information and knowledge
- Strong client relationship and client management skills
- Proactive approach to meeting customers’ needs
- Strong facilitation and presentation skills
- Good in both individual and team work
- Self-motivating individual with high tolerance for repetitive work
- Works with minimal supervision
Opening for 2024 graduates Responsibilities Works on all stages of the process – from validating data received from the client to liability calculation with the final step of reporting results to th...
- 7+ years of experience in actuarial role at a non-life insurance Company or in non-life insurance team in a consulting/financial services firm.
- Qualified Actuary / nearly qualified from Institute of Actuaries of India or Institute and Faculty of Actuaries, UK.
- Proficient with Microsoft Office tools particularly Excel and Power Point.
- Strong working knowledge of reserving, pricing and other common technical actuarial topics.
- Working knowledge on IFRS 17 implementation practices.
- Experience in actuarial software such as ResQ, Emblem, Radar etc.
- Experience of writing and/or editing code in VBA, Python, SQL or PowerShell.
- Strong communication and analytical skills to efficiently make judgements and explain results to senior leadership and identify solutions for clients, along with participate effectively in development of junior resources.
- Ability to develop out-of-box solutions as part of projects.
- Good team management skills.
- Self-motivated to learn and develop new skills, ideas and solutions for clients.
- Proactive, energetic, and can demonstrate being a “safe pair of hands”.
- Good project management, task prioritization and time management skills.
- Willingness to travel to client site when required.
Domain – P&C Qualifications 7+ years of experience in actuarial role at a non-life insurance Company or in non-life insurance team in a consulting/financial services firm. Qualified Actuary ...
- Manage expectations and raise appropriate issues to internal and consulting office project managers.
- Perform detailed technical review of all work products. Projects include: annual funding and expense valuations for qualified, non-qualified and post retirement welfare plans, reconciling client data and assets, government forms and statements.
- Respond to queries from consultants with respect to plan provisions and valuation results and resolve/escalate any problems or issues
- 3 - 5 CT papers, at least four or more years of actuarial pension experience (any geography).
- In-depth knowledge of Pension Valuations
- Advanced Microsoft Office skills, particularly in Access and Excel, Visual Basic experience preferable
- Strong analytical and interpretational skills including ability to draw conclusions and identify trends from data in a logical, systematic way
- 4+ years’ of experience in performing and checking core valuation work in a client-service oriented environment with large corporate defined benefit plans
- Must have experience with funding valuations, accounting expense valuations and government filings
- Experience in checking and providing development feedback to analysts
Key Responsibilities Manage expectations and raise appropriate issues to internal and consulting office project managers. Perform detailed technical review of all work products. Projects include: an...
- Technical Excellence
- Play a full and proactive role within a multi-disciplinary EY team in supporting the various client engagements which may span across appraisal valuation, embedded value, product development, statutory reporting, economic capital, IFRS17, actuarial model development etc.
- Design and review appropriate actuarial models for the above mentioned projects allowing for client product features and relevant regulations
- Develop an effective working relationship with key contacts within firms through clear communication and by providing constructive, robust and timely challenge
- Connect with the team and take proactive role in assessing and fulfilling their technical and professional development needs
- Lend support on strands of research and specialist work aimed at providing key insights to help our clients / consultants
- As part of the team, provide consistent high-quality technical challenge in identifying and helping to resolve technical issues faced by other team members
- Develop cutting edge proposals for winning new and different clients / engagements
- Work closely with the team to develop consistent standards and best practice
- Sharing knowledge in a timely and effective way by submitting regularly to the knowledge database
- Contribute to wider opportunities within the firm and to raising its profile externally e.g. taking an active role in writing articles and presenting in forums
- Develop and maintain deep technical knowledge in core actuarial concepts relating to statutory and shareholder reporting, capital calculation, risk management and product pricing
- Experience / knowledge of actuarial modelling and design on both Excel and any specialized actuarial software
- Ability to develop reports and presentations for the client
- Proven communication and interpersonal skills, including the ability to put across complex technical issues and solutions to non-actuaries
- Entrepreneurial - Being empowered to lead, being innovative and encouraged to take ownership to create a lasting impact.
- Intellectually stimulating - Getting opportunities to work on challenging assignments with premier clients and learn from the best minds in the industry.
- Digitally transforming - Being prepared to aid businesses become fit for the digital world through technology enabled innovation and alliances.
- Socially responsible - Making a difference by supporting communities to makethe world a better place
- Pursuing passions beyond work - Encouraged to actively pursue passions beyond work.
- A graduate or post graduate degree in relevant and a qualified Actuary
- Minimum 4 Years Of Relevant Work Experience
- Good working knowledge of the relevant actuarial concepts and methodologies
- Good knowledge of regulations (IRDAI/IAI), Statutory Valuation/ Accounting reporting and Pricing
- Good technical understanding of at least one of the following areas - Economic Capital; MCEV/ EV
Key Responsibilities Technical Excellence Play a full and proactive role within a multi-disciplinary EY team in supporting the various client engagements which may span across appraisal valuation, e...
#166 Sun Life – Actuarial Intern
- Model development & testing using Moody’s Axis and Risk Integrity across geographies including Canada, US, and Asia
- Develop, test and maintain models and utilities for implementations such as IFRS17, Solvency etc.
- Provide Valuation support to BU in terms of investigations and identifying changes required.
- Review and test IFRS 17 models which includes reserve movement checks/reconciliations, cashflow checks at both aggregate and policy level etc.
- Effectively communicate with the stakeholders on modelling and valuation results
- Provide inputs in other areas like Pricing, VNB, Audit etc wherever the need arises.
- Graduate
- Atleast 2 actuarial exams per new curriculum with steady progress corresponding to work experience (CM1 is preferred)
- Proficient in MS-Excel
- Team player
- Good and effective communication and writing skills
- Technical background like B.Tech, BCA, MCA, Diploma in Software Application is Plus
- Logical thinking and programming mindset with knowledge of Python, R, SQL, VBA etc.
- Understanding of modelling framework and validation techniques
- Appreciation of end-to-end actuarial system architecture, products, and methodologies
Duration – 6 months Job Description Model development & testing using Moody’s Axis and Risk Integrity across geographies including Canada, US, and Asia Develop, test and maintain models an...
- Develop and manage project plans and budgets involving multiple workflow streams and client teams
- Serve as the day to day project lead, ensuring the progress of the team against established objectives, budget, timeline, deliverables and quality standards
- Serve as primary contact to client teams on delivery of services
- Perform technical review of work products
- Meet billable hours (75%) as described by your manager
- Manage projects and leverage resources to produce quality deliverables on time and within budget
- Any Graduate / Post Graduate
- Pursuing Actuary
- Good understanding of Accounting & Insurance Principles
- Excellent computer skills and proficient in PowerPoint, word, excel and outlook
- 8+ years’ experience performing and checking core valuation work
Responsibilities Develop and manage project plans and budgets involving multiple workflow streams and client teams Serve as the day to day project lead, ensuring the progress of the team against estab...
#164 GTFC – Actuarial Intern
- Overview about Long Term Employee Benefits of Indian Government and Private Sector Companies.
- Role of an Actuarial Professional in Assessment of Liabilities as per Provisions of APS 27, AS 15 (Revised 2005), IndAS 19, USGAAP, NAS 19 and Acts/ Rules.
- Methodology used by Actuaries for Assasement of Labilities. Difference in Accrued Service and Total Service Approaches for computation of Liabilities.
- Importance of Inputs for Actuarial Valuations and Financial/Demographic Assumptions.
- Techniques used Analysis of Employees Data and Assumptions.
- Result analysis of Actuarial Valuation for Formation of Pension and Gratuity Trusts.
Key Details
- Unpaid Internship
- Only Travel Allowance will be paid
- Delhi/NCR candidates are preferred
Job Description Overview about Long Term Employee Benefits of Indian Government and Private Sector Companies. Role of an Actuarial Professional in Assessment of Liabilities as per Provisions of APS ...
#163 Policybazaar – Motor Actuarial
Domain- Pricing Relevant experience is needed
- Manage projects, working alongside senior leadership and leading different work-streams for various projects including IFRS17 gap implementations, result analysis, computation/review of embedded value and appraisal value for shareholder reporting, mergers and acquisitions, IPO projects, and support to actuarial functions such as calculation/peer review of statutory valuations, product development/pricing, asset risk assessment, and asset-liability management.
- Actively interact directly with clients and leadership to develop new go-to-market solutions and deliver value-added propositions, contributing to the development of new technical tools and processes and collaborating with senior leadership to plan their roll-out to the market.
- Contribute to revenue generation by identifying new areas of offering for clients to achieve evolving business objectives, building valuable intellectual capital in the process.
- Contribute to research and thought leadership.
- Manage a team of junior colleagues, actively involved in developing their knowledge and ensuring their career development.
- Interact directly with clients, build relationships, leverage existing relationships, and introduce clients to WTW offerings to enable client procurement.
- Work collaboratively on a range of projects/internal responsibilities, managing priorities appropriately.
- Demonstrate the WTW values of client focus, teamwork, integrity, respect, and excellence.
- At least 10 years of experience in Actuarial domain in Life department
- Strong understanding of reserving, pricing, embedded values, and other technical actuarial topics.
- Proficient knowledge of IFRS 17 implementation practices.
- Experience working with actuarial software such as Prophet, RAFM, etc.
- Skilled in writing and/or editing code in VBA, Python, SQL, or PowerShell.
- Strong communication and analytical skills for effectively conveying judgments and results to senior leadership, as well as for identifying client solutions and mentoring junior colleagues.
- Ability to develop innovative solutions for projects.
- Effective team management skills.
- Self-motivated with a proactive and energetic approach, demonstrating reliability.
- Proficient in project management, task prioritization, and time management.
- Willingness to travel to client sites when necessary.
- Hands-on experience in regions beyond India/APAC.
Responsibilities Manage projects, working alongside senior leadership and leading different work-streams for various projects including IFRS17 gap implementations, result analysis, computation/review ...
- working on actuarial modelling projects using proprietary software for tasks like statutory liability computation, pricing, embedded value, and appraisal value.
- working on Implementation of IFRS17 and asset liability management projects.
- supporting the development and delivery of automated solutions for clients:
- undertaking substantial work streams in process transformation projects.
- collaborating with project leaders to understand priorities.
- developing an understanding of the Life insurance industry, its products, and actuarial models and familiarity with proprietary software solutions.
- contributing to revenue generation by identifying new client offerings to meet evolving business objectives.
- building intellectual capital, pursuing innovation opportunities and participating in learning and development opportunities.
- managing junior colleagues: developing their knowledge and managing career progression.
- building and leveraging client relationships as well as introducing clients to WTW offerings.
- providing insights and solutions based on analysis.
- assisting senior leadership in developing business automation solutions.
- delivering work within project deadlines and meeting client expectations.
- documenting of actuarial model changes and summary of results.
- Ensuring effective communication within the team and with clients and working collaboratively.
- Building strong internal relationships and effective collaboration across geographical boundaries.
- demonstrating effectiveness in client and colleague interactions.
- adhere to WTW values: client focus, teamwork, integrity, respect, and excellence
- 7-9 years experience in an actuarial role in the life insurance team of an insurance company or at a consulting/financial services firm.
- Minimum 2 years building cashflow models or automation engines for reporting purposes using actuarial software.
- Completion of at least 9 actuarial examinations from either the Institute of Actuaries of India or the Institute and Faculty of Actuaries, UK.
- Proficiency in Microsoft Office tools.
- Experience writing/editing code in VBA, Python, SQL, or PowerShell.
- Ability to independently lead a team to deliver solutions using actuarial software.
- Interest and aptitude for learning new coding languages and technology.
- Proven ability to diagnose and resolve issues with a strong client service orientation.
- Strong working knowledge of reserving, pricing, embedded values, and other common technical actuarial topics.
- Strong communication and analytical skills to explain results to senior leadership and clients.
- Ability to effectively participate in the development of junior resources.
Responsibilities working on actuarial modelling projects using proprietary software for tasks like statutory liability computation, pricing, embedded value, and appraisal value. working on Implementat...
- 7+ years of experience in actuarial role at a non-life insurance Company or in non-life insurance team in a consulting/financial services firm.
- Qualified Actuary / nearly qualified from Institute of Actuaries of India or Institute and Faculty of Actuaries, UK.
- Proficient with Microsoft Office tools particularly Excel and Power Point.
- Strong working knowledge of reserving, pricing and other common technical actuarial topics.
- Working knowledge on IFRS 17 implementation practices.
- Experience in actuarial software such as ResQ, Emblem, Radar etc.
- Experience of writing and/or editing code in VBA, Python, SQL or PowerShell.
- Strong communication and analytical skills to efficiently make judgements and explain results to senior leadership and identify solutions for clients, along with participate effectively in development of junior resources.
- Ability to develop out-of-box solutions as part of projects.
- Good team management skills.
- Self-motivated to learn and develop new skills, ideas and solutions for clients.
- Proactive, energetic, and can demonstrate being a “safe pair of hands”.
- Good project management, task prioritization and time management skills.
- Willingness to travel to client site when required.
Qualifications 7+ years of experience in actuarial role at a non-life insurance Company or in non-life insurance team in a consulting/financial services firm. Qualified Actuary / nearly qualified from...
#159 Care Insurance – Actuarial Manager
- Analytical Skills, Statistics, and Actuarial Science
- Experience in the General Insurance or Health Insurance is Mandatory.
- Strong knowledge of insurance principles and reserving methodologies
- Proficiency in financial and statistical analysis
- Excellent problem-solving and critical thinking abilities
- Attention to detail and accuracy
- Ability to work effectively in a cross-functional team
- Strong communication and presentation skills
Domain – Reserving Qualification Analytical Skills, Statistics, and Actuarial Science Experience in the General Insurance or Health Insurance is Mandatory. Strong knowledge of insurance principl...
- Technical review of all major actuarial work, from quarterly SII reporting, experience investigations, ORSA, IFRS, with-profits and through to other actuarial projects as they arise.
- Involvement in the upcoming IFRS17 implementation.
- Strong technical and actuarial skills to interpret, challenge and review a variety of actuarial results (analysis of change, sensitivities, etc)
- Reviewing of Solvency II reporting and other metrics (IFRS / EV)
- Report into senior actuaries (such as Head of Reporting)
- Preparing drafts of reports and able to explain results appropriately.
- Advise the junior team on methodology and approach.
- Complete work in adherence to professional excellence and external standards and enforce these within the team
- At least 4-6 years of experience in a life insurance actuarial team.
- Recently qualified actuary from Institute of Actuaries of India or Institute and Faculty of Actuaries, UK, or only 1-2 exams left for qualification.
- Basic coding under R, VBA, Python, SQL or Powershell.
- Experience and expertise delivering a range of financial and actuarial reporting, with Solvency II, reporting experience is highly preferable.
- Excellent Microsoft Office skills, particularly Excel and PowerPoint
- Working knowledge in actuarial software such as Prophet / RAFM etc
- Flexibility and proven ability to diagnose and resolve issues
- Strong analytical and creative skills
- A willingness and keenness to learn and develop within a growing team.
- A demonstrable track record in delivering high quality output.
- Strong sense of personal accountability and drive to improve the way we work.
- Excellent stakeholder engagement, interpersonal and team skills
- Ability to work within teams.
- Proven delegation skills and a natural desire to coach and mentor junior associates
Responsibilities: Technical review of all major actuarial work, from quarterly SII reporting, experience investigations, ORSA, IFRS, with-profits and through to other actuarial projects as they arise....