Hybrid Manager – Actuarial Risk Management

at EXL

• Job title: Manager – Actuarial Risk Management
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: Not specified
• Degree requirement: Bachelor's Degree
• Tech skills: Python, SQL
• Location requirements: Hybrid, Gurugram, India

About the role

• Actuarial Manager developing actuarial models and solutions for life insurance clients. Engaging in automation initiatives and testing for model validation with clients.

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

• Bachelor’s/Master's degree in economics, mathematics, actuarial sciences.
• Affiliation to IAI, SoA or IFOA.
• At least 3-10 years’ experience, with good understanding of Life products - pricing, experience studies, modeling, reserving and valuation.
• Exposure to US life insurance market is preferable.
• Experience of working in international markets such as US or India. Good working knowledge of US-GAAP LDTI is preferable but not mandatory.
• Exposure to polysystem, MG Alpha, GGY Axis, Prophet and/or any other modelling tool will be an added advantage. Experience in SQL/Python/R is desirable but not mandatory.
• Strong ability to learn technical and business knowledge.
• Superior analytical and problem solving skills.
• Outstanding written and verbal communication skills.
• Able to work in fast pace continuously evolving environment and ready to take up uphill challenges.
• Is able to understand cross cultural differences and can work with clients across the globe.

Benefits

• EXL Analytics offers an exciting, fast paced and innovative environment, which brings together a group of sharp and entrepreneurial professionals who are eager to influence business decisions. From your very first day, you get an opportunity to work closely with highly experienced, world class analytics consultants.
• You can expect to learn many aspects of businesses that our clients engage in. You will also learn effective teamwork and time-management skills - key aspects for personal and professional growth
• Analytics requires different skill sets at different levels within the organization. At EXL Analytics, we invest heavily in training you in all aspects of analytics as well as in leading analytical tools and techniques.
• We provide guidance/ coaching to every employee through our mentoring program wherein every junior level employee is assigned a senior level professional as advisors.
• Sky is the limit for our team members. The unique experiences gathered at EXL Analytics sets the stage for further growth and development in our company and beyond.