Actuarial Analyst – Life Actuarial Consulting

MedInsight; New Delhi; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Milliman in Gurgaon, India is seeking an Actuarial Associate to deliver high-quality actuarial work for local and international clients. You will perform modelling, valuations, pricing, business planning, and M&A analyses in the life practice under guidance from senior actuaries.

The role requires a 2–4 year track record, active actuarial exams, and strong analytical and communication skills. This is an in-person position based in Gurgaon with collaboration across global teams.

Qualifications

• Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, or Economics.

Responsibilities

• Deliver high-quality actuarial work to clients within the life practice.
• Perform actuarial modelling, valuations, pricing, business planning, and M&A analysis.
• Contribute to research projects and develop new actuarial solutions.

Skills

Actuarial analysis

Excellent communication

Team collaboration

Problem solving

Education

Actuarial degree (BSc/MSc)

Tools

Prophet

Python

R

SQL

Job description

Actuarial Associate | Milliman

The Tone:

This is a full-time role for an Actuarial professional at Milliman, located in Gurgaon, India. Milliman is one of the world's largest independent professional services firms, providing consulting services since 1947 across healthcare, life insurance, employee benefits, and property and casualty insurance. This position offers actuarial students an opportunity to join the life practice team, collaborate with global experts, and contribute to diverse client projects, developing new solutions in a challenging and rewarding environment. The role is vital for delivering high-quality actuarial work and supporting client success within Milliman's expansive global network.

The TL;DR

• Role: Full Time
• Type: Full-time
• Location: In-person India, India (Gurgaon) - Gurgaon
• Team: Collaborates with global consultants and project teams led by senior actuaries.
• Mission: Solves client challenges through actuarial consulting, modelling, and analysis within the life practice.
• Tech Stack: Prophet, Python, R, SQL

What You'll Actually Do

• Client Delivery: Deliver high-quality actuarial work to local and international clients across the globe.
• Project Execution: Perform actuarial modelling, valuations, pricing, business planning, and mergers and acquisitions analysis for a diverse range of projects.
• Research & Innovation: Contribute to research projects and innovate new solutions to help clients address complex actuarial challenges.
• Team Collaboration: Work effectively and efficiently within project teams, receiving guidance and leadership from senior actuaries.
• Relationship Management: Help develop and maintain strong relationships with both clients and internal stakeholders.

The Must-Haves

• Background: Bachelor's or Master's degree in a relevant field such as Actuarial Science, Mathematics, Statistics, or Economics, coupled with basic actuarial domain knowledge of life and annuity products.
• Experience: 2-4 years of relevant professional experience, actively pursuing actuarial examinations from a recognized professional body or institute.
• Skills: Excellent analytical and communication skills, proven ability to work both collaboratively in teams and independently with minimum supervision, and strong problem-solving capabilities demonstrated by taking ownership of technical challenges.
• Bonus: Preferred knowledge and proficiency in actuarial software and programming languages such as Prophet, Python, R, and SQL.