WorkboxIn

Manager

EXL · Gurugram, Haryana · Full-time

Key Responsibilities Actuarial Modelling • Develop, maintain, and validate life insurance actuarial models with a focus on capital and asset side modelling. • Perform model development, testing, validation, and ensure compliance with model governance standards. • Support valuation, projection, experience investigation, and assumption-setting exercises. Analyze model results and provide actionable business insights. Financial Reporting & Forecasting • Support IFRS 17, Solvency, USGAAP, and other actuarial reporting requirements. • Prepare long-term cashflow projections and profitability analysis. Perform impact assessment of assumption changes and model updates. Model Validation & Controls • Conduct model reviews, reconciliations, and validation testing. Investigate model discrepancies and recommend improvements. • Analyze model point data, assumptions, and calculation methodologies. Stakeholder Management • Collaborate with actuarial, finance, risk, and technology teams. • Support client engagements and communicate modelling results effectively. • Prepare technical documentation and presentations for management. Required Skills & Experience • 4-7 years of actuarial modelling experience within the life insurance industry. • Strong understanding of life insurance products, cashflows, actuarial principles and model controls. • Experience in actuarial valuation, financial reporting, and projection modelling. • Strong analytical, problem-solving and communication skills. Technical Skills • Experience with MG-ALFA actuarial modelling platform will be a significant advantage. • Knowledge of Prophet, AXIS, or other actuarial modelling software is beneficial. • Exposure to Python, VBA, SQL, or other automation tools is desirable. • Understanding of actuarial model governance and validation frameworks Preferred Qualifications ALM (Asset Liability Management) • Asset-liability cashflow projections. • Interest rate risk analysis. • Liquidity and duration management. • Economic scenario testing. • Economic Capital modelling. • Risk-based capital frameworks. • Solvency and capital assessment exercises. • Scenario and stress testing. Capital Modelling Ideal Candidate A motivated actuarial professional with strong life insurance modelling expertise, progressing towards actuarial qualification, and capable of delivering high-quality modelling solutions. Experience in MG-ALFA, ALM Modelling, Capital Modelling, and US Life Insurance will be considered a significant advantage. Key Responsibilities Actuarial Modelling • Develop, maintain, and validate life insurance actuarial models with a focus on capital and asset side modelling. • Perform model development, testing, validation, and ensure compliance with model governance standards. • Support valuation, projection, experience investigation, and assumption-setting exercises. Analyze model results and provide actionable business insights. Financial Reporting & Forecasting • Support IFRS 17, Solvency, USGAAP, and other actuarial reporting requirements. • Prepare long-term cashflow projections and profitability analysis. Perform impact assessment of assumption changes and model updates. Model Validation & Controls • Conduct model reviews, reconciliations, and validation testing. Investigate model discrepancies and recommend improvements. • Analyze model point data, assumptions, and calculation methodologies. Stakeholder Management • Collaborate with actuarial, finance, risk, and technology teams. • Support client engagements and communicate modelling results effectively. • Prepare technical documentation and presentations for management. Required Skills & Experience • 4-7 years of actuarial modelling experience within the life insurance industry. • Strong understanding of life insurance products, cashflows, actuarial principles and model controls. • Experience in actuarial valuation, financial reporting, and projection modelling. • Strong analytical, problem-solving and communication skills. Technical Skills • Experience with MG-ALFA actuarial modelling platform will be a significant advantage. • Knowledge of Prophet, AXIS, or other actuarial modelling software is beneficial. • Exposure to Python, VBA, SQL, or other automation tools is desirable. • Understanding of actuarial model governance and validation frameworks Preferred Qualifications ALM (Asset Liability Management) • Asset-liability cashflow projections. • Interest rate risk analysis. • Liquidity and duration management. • Economic scenario testing. • Economic Capital modelling. • Risk-based capital frameworks. • Solvency and capital assessment exercises. • Scenario and stress testing. Capital Modelling Ideal Candidate A motivated actuarial professional with strong life insurance modelling expertise, progressing towards actuarial qualification, and capable of delivering high-quality modelling solutions. Experience in MG-ALFA, ALM Modelling, Capital Modelling, and US Life Insurance will be considered a significant advantage. Technical Skills • Experience with MG-ALFA actuarial modelling platform will be a significant advantage. • Knowledge of Prophet, AXIS, or other actuarial modelling software is beneficial. • Exposure to Python, VBA, SQL, or other automation tools is desirable. • Understanding of actuarial model governance and validation frameworks