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Actuarial Consultant/Senior Consultant

2.00 to 7.00 Years   Pune   19 Jan, 2025
SELECTIONS HR SERVICES PRIVATE LIMITED
Job LocationPune
EducationNot Mentioned
SalaryRs 10 - 22 Lakh/Yr
IndustryKPO / Analytics
Functional AreaActurial Science
EmploymentTypeFull-time

Job Description

    Position Overview:We are seeking a highly motivated Actuarial Consultant/Senior Consultant to join our Actuarial team. The ideal candidate will use statistical techniques and mathematical expertise to support various actuarial functions, including product development, valuation, reinsurance, risk management, financial reporting, and regulatory compliance. This role offers the opportunity to work across Life, Health, and Retirement domains, contributing to innovative solutions and process enhancements.Key Responsibilities:
    • Provide actuarial support for product development, projections, implementation, valuation, reinsurance, and financial reporting across Life, Health, and Retirement domains.
    • Assist with actuarial data migration, validation, regression testing, analysis, and documentation.
    • Support reinsurance processes, including data preparation, pricing, modeling, and reporting.
    • Contribute to model conversions, coding development, and implementing new regulatory concepts in actuarial systems.
    • Drive improvements in valuation systems to enhance efficiency, accuracy, and performance delivery, including process re-engineering.
    • Automate reports and tools to identify data anomalies and enhance reporting accuracy.
    • Deliver client-focused actuarial reports, calculations, and documentation within stipulated timelines.
    • Collaborate across projects, ensuring high-quality results that meet deadlines.
    Qualifications and Skills:
    • Educational Background: Bachelors/Masters degree in a quantitative discipline (Actuarial Science, Applied Mathematics, Statistics, Operations Research, or related field).
    • Professional Qualification: Pursuing actuarial certification from IAI-India, IFoA-UK, or SOA-US with:
      • Consultant: Minimum 2 exam passes (CM1 preferred).
      • Senior Consultant: Minimum 4 exam passes (CM1 mandatory, CM2 preferred).
    • Experience:
      • Consultant: 24 years in actuarial domains (Life, Health, Retirement).
      • Senior Consultant: 46 years in actuarial domains with expertise in valuation, reporting, pricing, or modeling.
    • Proficiency in actuarial software (e.g., Prophet, GGY AXIS, MG ALFA, Moses, Polysystem).
    • Advanced skills in MS Excel and VBA; exposure to R, SAS, or Python is an advantage.
    • Strong analytical, problem-solving, and communication skills.
    • Knowledge of insurance and financial services, including market structure, products, regulations, and governance.
    Why Join Us
    • Opportunity to work on diverse actuarial projects in Life, Health, and Retirement domains.
    • Exposure to cutting-edge actuarial software and data analytics tools.
    • Collaborative work environment focused on innovation and professional growth.
    If you are passionate about actuarial science and eager to make an impact, we encourage you to apply for this exciting opportunity.

Keyskills :
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