Actuarial Associate

Milliman India; Gurugram District; On-site; INR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Competitive remuneration

Actuarial examination support

Flexible training and development

Job summary

Milliman is seeking actuarial professionals to join our life practice based in Gurgaon. The role offers exposure to life and annuity products, actuarial modelling, valuations, pricing and business planning across global client projects.

Ideal candidates have 2-4 years of experience, a degree in actuarial sciences or related fields, and are pursuing professional actuarial examinations. Milliman offers competitive remuneration, actuarial exam support and flexible training opportunities.

Qualifications

• 2-4 years of relevant professional experience.
• Bachelor's or Master's in Actuarial Science, Mathematics, Statistics, Economics or equivalent.
• Pursuing actuarial examinations from a recognized professional body/institute.

Responsibilities

• Work closely with a global team delivering high-quality actuarial work.
• Engage in actuarial modelling, valuations, pricing, business planning and M&A projects.
• Contribute to research projects and develop innovative solutions for clients.
• Collaborate in project teams led by senior actuaries and manage client relationships.

Skills

Actuarial domain knowledge

Education

Bachelor's or Master's in Actuarial Science/ Mathematics/ Statistics/ Economics

Tools

Prophet

Python

R

SQL

Job description

About Milliman

Milliman is one of the world’s largest independent professional services firms. Founded in 1947, the firm provides consulting services to clients in four practice areas: healthcare, life insurance and financial services, employee benefits and pensions, and property and casualty insurance. Today, Milliman has more than 5,100 employees, more than $1.64 billion in annual revenue in 2024, and more than 60 offices worldwide.

About Milliman

Milliman is one of the world’s largest independent professional services firms. Founded in 1947, the firm provides consulting services to clients in four practice areas: healthcare, life insurance and financial services, employee benefits and pensions, and property and casualty insurance. Today, Milliman has more than 5,100 employees, more than $1.64 billion in annual revenue in 2024, and more than 60 offices worldwide.

Milliman is seeking actuarial professionals with strong analytical, problem-solving, technical and communication skills to join our life practice based in Gurgaon.

This is an ideal opportunity for actuarial students to join and collaborate with our team of experts from across the world in a dynamic, challenging and rewarding environment.

We offer the opportunity to

• Work closely with a team of consultants working across the globe delivering high-quality work to our clients
• Work on a diverse range of actuarial projects (actuarial modelling, valuations, pricing, business planning, mergers and acquisitions and many more)
• Contribute to research projects and innovate new solutions to help our clients
• Work effectively and efficiently in project teams led by senior actuaries
• Help develop and maintain client and internal relationships
• Work in a flexible but fast-paced environment

Desired Experience And Professional Qualifications

• 2-4 years of relevant professional experience
• Bachelors or Masters in a relevant field (Actuarial Science, Mathematics, Statistics, Economics, etc.)
• Pursuing actuarial examinations from a recognized professional body/institute

Desired competencies

• Basic actuarial domain knowledge of life and annuity products
• Knowledge of Prophet, Python, R and SQL is preferred
• Ability to work in a highly collaborative environment as well as independently with minimum supervision
• Ability to take ownership of a technical challenge and see it through to a successful conclusion
• Excellent analytical and communication skills
• Driven and self-motivated

Benefits Offered

• Opportunity to work with local and international market experts on a wide variety of projects
• Competitive remuneration and annual performance-based bonuses
• Professional actuarial examination support
• Opportunity for continuous training and development
• Flexible working arrangements