Business Consulting Risk Your 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 a...
Business Consulting Risk
Your 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, 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 Qualification 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. Experience Mandatory Requirement- Minimum 4 Actuarial Papers must be cleared as per Old curriculam Freshers with 4 Actuarial Papers may also apply 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/ EVBusiness Consulting Risk Your 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 a...
- Deliver high quality actuarial work products and services to the clients within agreed timelines.
- Work on a variety of actuarial assignments based on project needs such as –
- AXIS / Prophet model development for various Life and Annuity products
- Model conversions from legacy system to AXIS / Prophet platform.
- Quality assurance and model documentation
- Actuarial transformation and process automation projects
- Valuation of Life and Annuity products – US STAT / GAAP (LDTI)
- Review work done by junior members, ensuring quality of work product during time sensitive deadlines.
- Deliver engagements in line with our values and commitment to quality.
- Communicate results of analyses, work progress updates, and challenges effectively to clients, stakeholders, and project managers.
- Associate or making good actuarial exam progress.
- 4+ years Life Actuarial experience.
- Expertise in actuarial modeling – Moody’s AXIS or Prophet or similar
- Knowledge of US Life / Annuity products, regulations and STAT/GAAP reporting.
- Experience on PBR /LDTI / IFRS 17 implementation or actuarial transformation preferred.
- Experience in VBA/R/Python/SQL preferred.
- Excellent communication, execution and people management skills
- Proficient in report writing and documentation.
Prophet & AXIS We are looking for Senior Consultants within the Life Actuarial team for delivering actuarial modeling and reporting solutions. Senior Consultant will work closely with Managers, cl...
What will your essential responsibilities include?
- Candidate is expected to work on multiple analytics projects for P&C insurance related to Reserving/ Valuation/ Claim Analysis and other Actuarial Projects for the team.
- Understanding of Solvency II directives and its implications on Technical Provision and Reserve Risk assessment.
- Risk Analytics including development of analytical tools, analysis of insurance risk and general support for risk analytics and predictive modelling in the company.
- Research & Development: Research/Learn about new Reserve/Reserve Risk/claims analytics methodologies and develop new & creative solutions to actuarial issues.
- Resiliently analyzing project requirements to own and deliver projects/initiatives with very high quality to establish support credibility.
- Understanding business problems and translating business information into dynamic and effective reports or dashboards to generate meaningful business insights.
- Analyze and apply technical information to practical situations and assess opportunities for improvement.
- Managing teams and ensuring feedback of team members.
Required Skills And Abilities
- Qualified Actuary.
- Minimum prior working experience in an insurance and/or actuarial consultancy is required.
- Effective analytical and modelling capabilities with research and problem-solving skills.
- Ability to handle multiple priorities and tight deadlines and be responsible for priorities and deadlines for others.
- Develop and use collaborative relationships to facilitate the accomplishment of work goals.
Desired Skills And Abilities
- Ability to work with minimum supervision and problem-solving ability.
- Experience in statistical analysis software or predictive modelling will be an added advantage.
- Prior leadership experience including basic managerial skills, coaching and development, performance management, etc.
- Ability to work resiliently or as part of a team.
- Ability to review the work of others for accuracy and completeness.
- Innovative and result-orientated.
- Technical expertise in SQL, SAS or VBA would be an added advantage.
What will your essential responsibilities include? Candidate is expected to work on multiple analytics projects for P&C insurance related to Reserving/ Valuation/ Claim Analysis and other Actuaria...
- Support teams across Swiss Re in developing solutions to business-as-usual problems and help them reduce operational and model risks and be more efficient and responsive to change
- Develop data analytics solutions for Actuarial Control and the wider Risk Management
- Assist in the development of best practice guidance notes and in the development and delivery of training Masterclasses on related topics and in the facilitation of hands-on workshops
- Be involved in the collaboration with IT on digital infrastructure projects
- Be involved in the collaboration with Risk Control teams on model and digital governance topics
Your Main Responsibilities Will Be The Following Support teams across Swiss Re in developing solutions to business-as-usual problems and help them reduce operational and model risks and be more effici...
#107 Munich Re – Actuarial Analyst
- Support the Implementation of IFRS17 as per local regulatory guidelines
- Carry out the Valuation of Life and Health Business of South Asia (Statutory IRDA reporting, Solvency II, IFRS, Actuarial Modelling on AXIS)
- Prepare Corporate Actuarial reports (IFRS reporting, Business Planning, Solvency Capital Monitoring, Shareholder Reporting, Regular interaction with the Finance team)
- Share insights relating to Business Monitoring (Experience Analysis, Monitoring and Reporting)
- Carry out the operations of the Data Management framework within the function
- Support internal stakeholders like Business Development, Pricing and Underwriting teams
- Actuarial student with at least 6 Core Principles series exams completed
- Strong commitment to complete the Actuarial course
- Preferably 2 to 3 years’ experience in life insurance or re-insurance company’s valuation team
- Strong computer skills: Microsoft Excel, power query and SQL (essential) and VBA (preferred)
- Exposure to an actuarial software would be preferred (AXIS would be preferred)
- Exposure to Indian Statutory Reporting, Solvency II and IFRS17 would be preferred
- Excellent technical and analytical skills, logical and concise in approach and demonstrate attention to detail
- Self-motivated and able to work within a team environment, outcome focused
- Strong communication skills in English (written and verbal)
Your role: Support the Implementation of IFRS17 as per local regulatory guidelines Carry out the Valuation of Life and Health Business of South Asia (Statutory IRDA reporting, Solvency II, IFRS, Actua...
#106 Vidal Health TPA- Experienced
Company Name- Vidal Health TPA Location- Whitefield, Bengaluru (Hybrid work mode) CTC- 13-15 LPA Key Requirements – • 2+ years of experience in Life/Non-Life • Immediate Joining (1-2 months ...
- Supports data, basis, results and balance sheet production for IFRS, Economic Capital, Asset Share & New Business Reporting
- Actuarial model result analysis including validation, analysis of change, economic and non- economic Stresses, Sensitivities, Critical Scenario, Back-testing etc.
- NB reporting and analysis such as VNB, APE, NBS, profit driver analysis etc.
- Asset model results production, Stress analysis, ALM, Equity Release valuation
- Regression testing – change request, testing, impact analysis etc.
- Reasonable understanding of Prophet, DCS etc.
- Support simple projects and developments Additional information
- Strong communication skills – Verbal & Written
- Ability to work through stringent timelines
- Proficient in MS Office Suite, R Studio, and a high level of understanding of VBA
- Should possess the ability to think out of the box – contingency management
- Good decision making skills
Job Description Supports data, basis, results and balance sheet production for IFRS, Economic Capital, Asset Share & New Business Reporting Actuarial model result analysis including validation, an...
#104 Aegon (Bandhan Life)- Fresher
Company Name- Aegon (Bandhan Life) Location- Work from home , Head Office in Mumbai Team- Group Product Pricing/Individual Pricing Key Points to note- • Freshers required • Immediate Joining • 2...
Position- Associate Consultant - Business Consulting Risk
Key Requirementss-
• At least 3-4 actuarial exams cleared
• 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
Position- Associate Consultant – Business Consulting Risk Key Requirementss- • At least 3-4 actuarial exams cleared • Good knowledge of regulations (IRDAI/IAI), Statutory Valuation/ Accounti...
#102 Grant Thornton Bharat LLP – Pensions
Role Description
We are seeking a dedicated Actuarial professionals to join Grant Thornton Bharat LLP in a full-time hybrid role. This position will leverage analytical skills to provide actuarial consulting services, with opportunities for collaboration and communication with stakeholders in the insurance and finance sectors. While primarily based in Mumbai, Delhi, Gurgaon, and Bangalore, we offer flexibility for remote work.
Your Skills and Experience:
- Minimum 3+ years of actuarial experience in Pensions
- Proficiency in MS Office suite and VBA; familiarity with R, Power BI, or Python is advantageous
- Strong time management skills and a proactive approach to training and delivery
- Excellent communication and report writing skills
- Team-oriented with a collaborative mindset
- Cleared a few actuarial papers or hold equivalent higher education qualifications
- Experience working under stringent deadlines
- Ability to manage multiple stakeholders simultaneously
Other Requirements
- In-depth knowledge of pension or PRM and actuarial fundamentals
- Experience with actuarial valuation tools
- Supporting the transition of new services/geographies and managing ongoing operations
- Expertise in annuity/pension valuations with strong actuarial fundamentals
Role Description We are seeking a dedicated Actuarial professionals to join Grant Thornton Bharat LLP in a full-time hybrid role. This position will leverage analytical skills to provide actuarial con...
#101 M&G Global Services- Assistant Manager
Company Name- M&G Global Services Location- Mumbai Position- Assistant Manager- Risk Modelling/Calibration Key Requirementss- • 3-5 years of relevant actuarial experience • At least 7 actuaria...
#100 Grant Thornton Bharat LLP – Life
- Minimum 3+ years of actuarial experience in Life
- Proficiency in MS Office suite and VBA; familiarity with R, Power BI, or Python is advantageous
- Strong time management skills and a proactive approach to training and delivery
- Excellent communication and report writing skills
- Team-oriented with a collaborative mindset
- Cleared a few actuarial papers or hold equivalent higher education qualifications
- Experience working under stringent deadlines
- Ability to manage multiple stakeholders simultaneously
- Working knowledge of actuarial valuation of life insurance
- Experience in developing and improving actuarial valuation models and new tools
- Support in auditing life insurers
- Designing, building, and testing new models for clients
- Assisting with process transformation for life insurers
Role Description We are seeking a dedicated Actuarial professionals to join Grant Thornton Bharat LLP in a full-time hybrid role. This position will leverage analytical skills to provide actuarial con...
#99 Grant Thornton Bharat LLP – Non Life
- Minimum 3+ years of actuarial experience in General Insurance (GI)
- Proficiency in MS Office suite and VBA; familiarity with R, Power BI, or Python is advantageous
- Strong time management skills and a proactive approach to training and delivery
- Excellent communication and report writing skills
- Team-oriented with a collaborative mindset
- Cleared a few actuarial papers or hold equivalent higher education qualifications
- Experience working under stringent deadlines
- Ability to manage multiple stakeholders simultaneously
- Understanding of Capital Modelling, including concepts like VaR, TVaR, stochastic processes, extreme value theory, and statistical distributions
- Background in claims reserving, including calculations related to Ultimate, IBNR, and navigating reserving templates
- Familiarity with the Solvency II framework
- Knowledge of UK markets and regulations for European and UK General Insurance companies
- Experience with Internal Capital Model validation, including stress tests, back tests, sensitivity analysis, and drafting LCR and model validation reports is an advantage
Role Description We are seeking a dedicated Actuarial professionals to join Grant Thornton Bharat LLP in a full-time hybrid role. This position will leverage analytical skills to provide actuarial con...
#98 M&G Global Services- Actuarial Analyst
Company Name- M&G Global Services Location- Mumbai Position- Acturial Analyst- Risk Modelling Team Key Requirementss- • 1-2 years of relevant actuarial experience • At least 3-4 actuarial exam...