10+ yrsMumbaiOn-siteDirect career pageEst. 30–55 LPA
Posted 10h ago
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Job description
Structured overview of role & requirements
About This Role
- Own end-to-end lifecycle of actuarial model enhancements including design, implementation, validation, and impact assessment.
- Develop and maintain RAFM models and supporting tools like Assumption Management System and Unify, ensuring robust documentation and audit trails.
- Lead testing strategies including functional and end-to-end testing; assess financial impact on balance sheet and P&L; communicate findings to stakeholders and manage defect resolution.
Minimum Requirements
- 10+ years of relevant actuarial experience including model development and financial modelling (MoSes, RAFM, Prophet preferred).
- Qualified actuary or demonstrable steady progress towards qualification with CM1 exam mandatory.
- Graduate or Master’s degree in any discipline (preferably Mathematics, Statistics, or Economics).
- Work Experience Required: 10+ years in actuarial domain with financial modelling expertise.
Ideal Candidate Profile
- Experienced in regulatory frameworks such as IFRS17, Solvency II, and UK Life Insurance regulations with strong technical understanding of actuarial procedures.
- Demonstrated ability to manage small teams (2-3 members) and prioritize multiple deliverables under tight deadlines.
- Strong analytical communicator able to translate technical actuarial model changes into financial impact insights for diverse internal and external stakeholders.