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Global financial brand and Mumbai location, but niche actuarial CM1 requirement reduces candidate pool.
Actuarial modelling and insurance regulation expertise is highly domain-specific and not easily transferable.
Mandatory CM1 plus specific actuarial model and software requirements create strict screening.
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Own core actuarial model development, testing, documentation, and operational support including RAFM models and assumption management systems.
Collaborate closely with stakeholders to translate business needs into technical specifications, validate model changes, and maintain governance and compliance standards.
Drive process and automation improvements across modelling and operational activities to enhance efficiency and transparency.
Mandatory actuarial knowledge including IFRS 17, SII, and understanding of life insurance products (Conventional, Unit Linked, With Profits, Annuities).
Active student member of the Institute or Faculty of Actuaries and/or Indian Institute of Actuaries with CM1 exam completed.
0-2 years of relevant actuarial experience involving financial model development or enhancement; experience with RAFM, MoSes, Prophet preferred.
Graduate or Master’s degree in any discipline (preferably Mathematics, Statistics, or Economics).
Demonstrates ability to handle end-to-end actuarial model lifecycle with attention to technical accuracy, auditability, and compliance.
Comfortable working with multiple stakeholders including UK and India teams, auditors, and governance bodies, indicating collaborative cross-functional communication skills.
Shows capacity to enhance automation and streamline modelling operations through VBA, Python, or related tools (though coding skills are advantageous, not strictly mandatory).