Job Description

Responsibilities:

Designation: Actuarial Analyst


Indicative years of experience: Freshers
Business Unit: ITeS
Location: Pune/Hybrid/Remote
Role Description: Actuarial analyst is expected to work independently with the internal & external stakeholder while playing a role of SME on one or more technical areas. They are also expected to guide and mentor junior members in the teamEnsuring timely and quality delivery, minimizing escalations, acting as a bridge between home office and Pune team Should Have understanding in one or more actuarial domains like valuation, pricing & reporting on Individual Life and Annuity products. Should be well versed with recent regulations, or, demonstrate capability and willingness to understand them. Should be willing to work on short or long duration projects & quickly upskill themselves as the need arises. Should believe in learning new tools and technologies and be ready to use them to propose new solutions. Complete Analysis & documentation as required by the project Follow established project execution processes Resolve queries/issues and provide Application/functional support to peers & juniors Build holistic understanding of applications & underlying domain being supported Knowledge sharing Bring industry wide best practices and understand external technology trends. Should be able to relate those trends to the workplace. Meet onshore stakeholders' expectations on quality and timeliness. The person should be a strong proponent of Actuarial practice and conducting roadshows (or other Sessions) to demonstrate it.

Qualifications:

Preferred to have one or more of the following areas:Understanding Life Insurance/Annuity products Should have a knack to learn Actuarial Projection Software's preferably MG ALFA Exposure to VBA/SAS/R/Power BI or any other data tool Exposure to US Life and Annuity products is an added advantage Able to manage quick turnaround projects Comply with PGS / BU specific practices Provide Support to Manager/Sr. Manager / Group Manager/ head of operations for estimation and risk identification. Mitigate technical, functional and people related risks Technical mentorship Build actuarial expertise. Be an SME in one or more areas. Contribute towards BU maturity in actuarial credentials and technical areas.

Additional Information:

Education: Graduate Bachelors degree (any stream)
Other: Strong technical skills.
Good aptitude, positive attitude, strong reasoning and communication skills. Must be a good team player. Good analytical skills, research oriented. Sound knowledge of Principal Financial Group specific application. Ability to resolve questions/issues related to the application as a Subject matter expert, ability to communicate with various stakeholders. Good actuarial exam progress.
Competencies:Make sound business decision Embrace Change Build strong Partnership Get results Act Strategically Lead Cultivate Talent

Reporting relationship: This role will report to Sr. Consultant - Actuarial or Manager - Actuarial.


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