Job Description

ManagerEXL/M/1349771


Data ManagementGurgaon
Posted On
21 May 2025
End Date
05 Jul 2025
Required Experience
2 - 6 Years



Basic Section
Number Of Positions


5


Band


C1


Band Name


Manager


Cost Code


D004366


Campus/Non Campus


NON CAMPUS


Employment Type


Permanent


Requisition Type


New


Max CTC


700000.0000 - 3000000.0000


Complexity Level


Not Applicable


Work Type


Hybrid - Working Partly From Home And Partly From Office


Organisational
Group


Analytics


Sub Group


Analytics - UK & Europe


Organization


Data Management


LOB


Analytics


SBU


Analytics


Country


India


City


Gurgaon


Center


EXL - Gurgaon Center 38




Skills
Skill


ACTUARIAL SCIENCE


ACTUARIAL VALUATION


MODEL BUILDING


MODEL DEVELOPMENT


EXPERIENCE ANALYSIS


Minimum Qualification


B.COM


Certification


No data available

Role Overview:

2-6 years' of actuarial experience in life insurance.

Should be progressing with actuarial exams preferably from SoA, IFoA or IAI

Experience of working in US life insurance industry is preferable.

Experience in either actuarial modeling, valuation or experience studies.

Exposure to some actuarial software such as Polysystems/GGYAxis/MGALFA / Prophet .

Advanced life insurance and actuarial knowledge, strong technical, analytical, problem solving and interpersonal skills, effective communicator to superiors, peers and subordinate.

Assist in learning and development of team members, able to work independently.

Good VBA skills

Excellent business skills leading to understanding of clients requirements

Key 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 Initiate and lead process transformation/automation initiative. Provide coaching to team on build actuarial models for annuities, retirement, term product etc. Provide coaching to team on build actual L&A models, testware, challenger model and perform UAT testing, Unit testing, regression testing etc. for Actuarial model testing & validation. Excellent written and verbal communication skills

Candidate Profile:

Bachelor's/Master's degree in economics, mathematics, actuarial sciences. Affiliation to SoA, IAI or IFOA. Preferably an associate actuary. At least 2 years' experience in modeling, valuation or experience studies, with good understanding of US Life products. Must also have exposure in either - pricing, modeling, experience studies, 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 PBR, US-GAAP LDTI.

+

Experience working with Polysystems/GGYAxis/MGALFA / Prophet can be considered. 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
Workflow
Workflow Type


L&S-DA-Consulting