Actuarial Consultant

Agam Capital India; Gurugram District; On-site; INR 201,000 - 335,000; Full time

Job summary

Agam Capital India is seeking an Actuarial Intern with at least 2 actuarial papers cleared and a minimum 6 months of experience. The role focuses on life insurance modelling, valuation, risk management, and financial analysis to gain hands-on industry exposure.

You will work with the actuarial team on conversion, valuation, and analysis of life insurance blocks, support model testing, and help develop cashflow models for liabilities and investments, while learning US life insurance concepts and

Qualifications

• Actively pursuing an actuarial qualification and having cleared 1 or more actuarial papers would be preferred.
• Strong interest in Life Insurance products, particularly US Life Insurance and/or Annuity products.
• Basic understanding of actuarial concepts such as pricing, valuation, reserves, risk management, cashflows, and ALM.
• Strong analytical and problem-solving skills with a logical and structured approach.
• Good knowledge of Excel; exposure to programming languages such as Python, R, SQL, or VBA would be an advantage.
• Exposure to AXIS or other actuarial modelling/projection software would be an advantage but is not mandatory.
• Ability to learn new concepts, tools, and processes quickly.
• Good oral and written communication skills.
• Ability to manage multiple assignments and meet deadlines.

Responsibilities

• Assist the actuarial team in the conversion, valuation, and analysis of life insurance blocks of business.
• Support model testing and validation activities following model development or conversion.
• Assist in developing and maintaining cashflow models for insurance liabilities, investments, and derivatives.
• Support experience analysis and investigation of movements in insurance portfolios.
• Assist in preparing income statement and balance sheet projections from financial models.
• Support movement analysis to understand and explain changes in financial and capital positions.
• Assist with developing and enhancing actuarial models and processes to improve efficiency and accuracy.
• Support analysis related to new business, acquisitions, reinsurance transactions, and capital requirements.
• Assist with financial projections, capital analysis, and ad hoc actuarial analysis for business initiatives.
• Work closely with experienced actuaries and analysts to develop practical knowledge of US Life Insurance, actuarial modelling, valuation, and ALM.

Job description

Any Graduate with at least 2 actuarial papers cleared and minimum 6 months experience.

Actuarial Intern

We are looking for an Actuarial Consultant to join our team and gain hands‑on experience in life insurance modelling, valuation, risk management, and financial analysis. The ideal candidate will have a strong academic foundation in actuarial science, mathematics, statistics, or a related field and a keen interest in the life insurance industry.

Requirements:

• Actively pursuing an actuarial qualification and having cleared 1 or more actuarial papers would be preferred.
• Strong interest in Life Insurance products, particularly US Life Insurance and/or Annuity products.
• Basic understanding of actuarial concepts such as pricing, valuation, reserves, risk management, cashflows, and ALM.
• Strong analytical and problem-solving skills with a logical and structured approach.
• Good knowledge of Excel; exposure to programming languages such as Python, R, SQL, or VBA would be an advantage.
• Exposure to AXIS or other actuarial modelling/projection software would be an advantage but is not mandatory.
• Ability to learn new concepts, tools, and processes quickly.
• Good oral and written communication skills.
• Ability to manage multiple assignments and meet deadlines.

Responsibilities:

• Assist the actuarial team in the conversion, valuation, and analysis of life insurance blocks of business.
• Support model testing and validation activities following model development or conversion.
• Assist in developing and maintaining cashflow models for insurance liabilities, investments, and derivatives.
• Support experience analysis and investigation of movements in insurance portfolios.
• Assist in preparing income statement and balance sheet projections from financial models.
• Support movement analysis to understand and explain changes in financial and capital positions.
• Assist with developing and enhancing actuarial models and processes to improve efficiency and accuracy.
• Support analysis related to new business, acquisitions, reinsurance transactions, and capital requirements.
• Assist with financial projections, capital analysis, and ad hoc actuarial analysis for business initiatives.
• Work closely with experienced actuaries and analysts to develop practical knowledge of US Life Insurance, actuarial modelling, valuation, and ALM.