Associate Actuary driving complex client projects, providing vital analytical support in actuarial consulting for Milliman, serving various risk and financial sectors.
About the role
- Actuary focusing on P&C insurance requiring 3-10 years expertise. Engaging with clients and building actuarial models for life insurance products and growing the business.
Responsibilities
- Complete understanding of the current state of affairs and problem statement
- Interacting with clients on regular basis, understanding their requirements and transforming that into business framework and providing actuarial solutions
- Work on transformation/automation initiative.
- Build actuarial models for life insurance products.
- Perform UAT testing, Unit testing, regression testing etc. for Actuarial model testing & validation.
- Excellent written and verbal communication skills
Requirements
- 3-10 years’ of actuarial experience in P&C insurance.
- Should have passed 4-12 actuarial exams.
- Experience of working in international markets such as US. Experience with Indian market will also be preferred. Good working knowledge of US-GAAP LDTI is preferable.
- Must have exposure in data handling, actuarial modeling, experience analyses, EV reporting, statutory reporting, ALM and model testing & validation.
- Experience working with GGY Axis, MG Alpha and Prophet will be an added advantage. Experience in SQL/Python/R is desirable but not mandatory.
- Advanced life insurance and actuarial knowledge, strong technical, analytical, problem solving and interpersonal skills, effective communicator to superiors, peers and subordinate, good command of the English language.
- Must contribute towards new business development such as assessing pain areas for our clients, generating solutions for clients.
- Identify and participate in continuous improvement initiatives.
- Ensure compliance with Data Privacy and Protection Guidelines.
Job title
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