Analyst - Actuarial (UK Insurance) Exp 1.5 to 2 years - Gurgaon (WFO)
On-siteGurugram, Haryana, India or Gurgaon, Uttar Pradesh, Republic of India
EXPIREDGurugram, Haryana, India or Gurgaon, Uttar Pradesh, Republic of IndiaOn-siteFull TimeOutsourcing/OffshoringEnterprise
Full TimeEnterpriseOutsourcing/Offshoring
Job Summary
Conduct SII/IFRS17 scope work, including actuarial model result analysis for validation, stress testing, and back-testing. Produce base and stressed balance sheet and P&L accounts for solvency II requirements (IM & SF). Support ongoing automation projects using VBA coding and Prophet Valuation Models. Engage with client teams to manage inquiries, complaints, and contingency plans while maintaining high customer service standards. Requires 1.5 to 2 years of Life/Pension insurance experience, cleared actuarial papers, and proficiency in VBA/SQL.
Required Qualifications
- Min 1.5 year experience in the LifePension Insurance
- Should have good VBA Coding skills
- Understanding the requirement of SII / IFRS17 in scope work
- Actuarial model result analysis including validation, analysis of change, economic and non- economic Stresses, Sensitivities, Critical Scenario, Back-testing
- Base and stressed balance sheet and P&L account production on solvency II requirement (both IM & SF)
- Good understanding of Prophet Valuation Models
- Ability to have conversations with the client teams, related to the process is essential
- Ability to have robust conversations while maintaining a high level of customer service and maintaining composure
- Ability to utilize effective listening skills
- Pick up on direct and indirect queries from customers and understand and comprehend the customer's needs
- Ability to distinguish between inquiries and complaints (including level of complaint)
- Should have cleared few actuarial papers from India or UK actuarial society
Desired Qualifications
- Proficient in MS Office Suite, high level of understanding of VBA/ SQL coding (preferred)
- Ability to think out of the box – contingency management
- Good decision-making skills
- Good Analytical skills
- Strong communication skills – Verbal & Written
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