Actuarial Data Scientist - Manager AMVC

M&G India; Mumbai; On-site; INR 900,000 - 1,500,000; Full time

Job summary

M&G India in Mumbai invites applications for an actuarial data analyst focused on valuation transformation. You will map processes, document rules, and help automate the valuation lifecycle using Python and Databricks.

Collaborate with actuarial, finance and technology teams across India and the UK to deliver dashboards with Power BI and governance; contribute to risk-aware processes that improve data quality and efficiency.

Qualifications

• Experience documenting actuarial methodologies and data requirements.

Responsibilities

• Map current valuation processes and data flows.
• Document business rules and data requirements clearly.
• Identify inefficiencies and automation opportunities.
• Transform valuation input datasets using Python.
• Create visualisations and dashboards with Databricks Apps and Power BI.
• Collaborate with actuarial, finance and tech teams.
• Follow governance frameworks when delivering changes.
• Monitor transactions and escalate anomalies.
• Manage resources and risks with expert judgment.

Skills

Python

Process mapping

Databricks

Power BI

Actuarial valuation

Tools

Databricks

Power BI

GitHub Copilot

Job description

Job Description:

About M&G India

We are M&G India, the strategic innovation and digital hub for M&G. Established in 2003, we have offices in Mumbai and Pune.

Our teams work closely with colleagues across the Group worldwide to drive transformation, build digital capability, and support sustainable growth. By leveraging technology, AI, automation, and process excellence, we bring new ways of thinking to improve outcomes for both customers and colleagues.

Grounded in a vibrant culture with strong foundations, we are central to how M&G is transforming as a business.

About M&G

Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.

Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long‑term investment and savings solutions.

Through telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

Responsibilities

• Support process mapping and process mining activities to understand current‑state actuarial valuation processes, controls and data flows.
• Assist with documenting actuarial methodologies, business rules and data requirements in clear and structured formats.
• Contribute to re‑engineering efforts by identifying inefficiencies, recurring manual steps and opportunities for automation within the valuation lifecycle.
• Prepare and transform valuation input datasets using Python and Databricks under guidance from senior colleagues.
• Help build simple visualisations and valuation‑metric dashboards using Databricks Apps and Power BI.
• Use GitHub Copilot and Copilot 365 responsibly to support coding, documentation and analysis, validating outputs against actuarial and reporting requirements
• Follow established frameworks, guidelines and controls when delivering process or data changes.
• Collaborate closely with actuarial, finance and technology teams across India and the UK to support delivery of valuation transformation activities.
• Maintain up-to-date knowledge of industry best practices and share knowledge with the team to enhance their skills and expertise.
• Conduct real‑time and historical transaction monitoring and flag potentially suspicious transactions.
• Conduct level 1 transaction monitoring alert reviews and discounting.
• Manages conflicts that may impact delivery
• Challenges upwards given knowledge of delivery and awareness of complex systems and the broader picture
• Identifies and anticipates need for changes to continuously improve quality and efficiency of output
• Manages resources and risks using expert judgment, know‑how and experience

We have a diverse workforce and an inclusive culture at M&G Global Services, regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people.

We also welcome those who take part in military service and those returning from career breaks.

Requirements