Actuarial Manager – System Support – Life Insurance

Website Acme Services

Job Description:

We are hiring a System Actuarial professional with 5 – 10 years of experience in Life Insurance for Decision Analytics. This role is ideal for professionals with experience in Actuarial Modelling, Experience Analysis, Benefit Illustration Models, Model Testing & Validation, and Life Insurance Products, particularly those with exposure to US life insurance markets.

Your Future Employer:

It is a leading operations management and analytics company that helps businesses improve growth, profitability, customer satisfaction, and risk management through analytics, automation, consulting, and technology-driven solutions. It serves industries including insurance, healthcare, banking, and financial services.

Responsibilities:

– Build actuarial models for life insurance products and support actuarial solutions for client requirements.

– Perform experience analysis, data handling, and work on Benefit Illustration models.

– Conduct UAT, unit testing, regression testing, and actuarial model testing and validation.

– Interact with clients to understand business requirements and translate them into actuarial solutions.

– Contribute to transformation, automation, and continuous improvement initiatives.

– Identify client pain points and support new business development by proposing solutions.

– Ensure compliance with data privacy and protection guidelines.

Requirements:

– Bachelor’s or Master’s degree in Economics, Mathematics, or Actuarial Science.

– 5 – 10 years of actuarial experience in Life Insurance and completion of 4 – 12 actuarial exams.

– Affiliation with IAI, SOA, or IFoA.

– Experience in international markets, particularly the US Life Insurance market; knowledge of US products and illustrations is preferred.

– Exposure to actuarial modelling tools such as Polysystem, MG-ALFA, GGY AXIS, or Prophet.

– Experience in data handling, actuarial modelling, experience analysis, and model testing/validation.

– Knowledge of SQL, Python, or R is desirable but not mandatory.

What’s in it for You:

– Opportunity to work with experienced analytics consultants on complex actuarial and business problems.

– Exposure to international clients and life insurance products.

– Opportunities to work on actuarial modelling, automation, and transformation initiatives.

– A learning-oriented environment with mentoring, professional development, and exposure to advanced analytics tools.

To apply for this job please visit www.iimjobs.com.

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