Actuarial Lead, Global Capability Center

PFI Innovation Centre India; Gurugram District; On-site; INR 3,000,000 - 4,500,000; Full time

Benefits offered by this job

Mentoring and learning opportunities

Flexible work environment

Job summary

PFI Innovation Centre India is an exciting new innovation center. We’re building a future that helps people live better lives longer – and we’re looking for bold thinkers and team players to help us do it.

Based in the India Global Capability Center, the Senior Actuarial Lead will serve as the senior actuarial leader for the GCC and establish a high-performing organization capable of delivering pricing, product development, valuation, reserving, modeling, forecasting, assumption management,

Qualifications

• Bachelor's degree in Actuarial Science or related quantitative discipline.
• Fellowship-level actuarial designation (SOA/IFoA/IOA or equivalent).
• 10+ years actuarial experience with at least 5 years in leadership roles.
• Strong knowledge of U.S. life insurance, GAAP/statutory reporting, and governance.
• Excellent executive communication and ability to lead global teams.

Responsibilities

• Define and execute GCC actuarial strategy, operating model, and workforce plan.
• Lead and develop actuarial leaders, establish career paths and technical development.
• Provide technical oversight across pricing, valuation, reserving, forecasting and analytics.
• Drive actuarial transformation, automation, and modernization using Python and cloud tools.
• Build relationships across Actuarial, Finance, Risk, Product, Technology, Data and Audit with governance and controls.

Skills

Leadership

Executive communication

Stakeholder management

Strategic thinking

Problem solving

Education

Bachelor's degree in Actuarial Science or related quantitative discipline

Fellowship-level actuarial designation (SOA/IFoA/IOA or equivalent)

Tools

AXIS

Prophet

MG-ALFA

Polysystems

Python

Job description

PFI Innovation Centre India is an exciting new innovation center. We’re building a future that helps people live better lives longer – and we’re looking for bold thinkers and team players to help us do it.

Here, you’ll tackle complex challenges, collaborate with brilliant minds across the globe, and grow your career while helping millions achieve financial security.

a Purpose Driven Company – 150 Years

While the PFI Innovation Centre brand is new to India, you’ll be a part of the Prudential Financial, Inc. family. Founded in Newark, NJ, we serve 50 million customers across more than 50 countries. With $1.334 trillion in assets, we’re a global leader in institutional asset management. The 2nd largest life insurer in the US and the 9th largest institutional global asset manager.

At the PFI Innovation Centre India, you’ll find high-performance culture that’s flexible, collaborative, and grounded in respect. We engage with candor, take calibrated risks, and hold ourselves accountable – always focused on delivering for our customers. It’s the standard we choose every day as we grow, perform, and win as one team. We offer valuable leadership, mentoring and learning opportunities, paired with flexibility and support to help you thrive.

Whether you’re just starting out or ready to take your next step, we’ll help you grow with purpose and do the best work of your career.

What You Will Do

Based in the India Global Capability Center, the Senior Actuarial Lead will serve as the senior actuarial leader for the GCC and establish a high-performing organization capable of delivering a broad range of actuarial capabilities. The role provides enterprise-level technical and people leadership across pricing and product development, valuation and reserving, modeling, forecasting, assumption management, capital and risk analytics, financial reporting, and actuarial transformation, in close partnership with U.S.-based leaders and global stakeholders.

What You Can Expect

• Define and execute the GCC actuarial strategy, operating model, capability roadmap, workforce plan, service expectations, decision rights, and handoffs with U.S.-based teams.
• Attract, lead, coach, and retain actuarial leaders and professionals, establishing career paths, succession plans, credentialing support, technical development, and a culture of accountability and operational excellence.
• Provide technical oversight across pricing, product development, valuation, reserving, financial reporting, modeling, forecasting, experience studies, assumption management, capital, risk, asset liability management, and strategic analytics.
• Drive actuarial transformation, automation, process optimization, and modernization using Python, cloud-based tools, advanced analytics, standardized methods, reusable assets, effective data stewardship, and emerging technologies.
• Build trusted relationships across Actuarial, Finance, Risk, Product, Technology, Data, and Audit while maintaining professional standards, governance, documentation, controls, testing evidence, and audit readiness.

What You Will Bring

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, Engineering, or a related quantitative discipline.
• Fellowship-level actuarial designation from the Society of Actuaries, Institute and Faculty of Actuaries, Institute of Actuaries of India, or an equivalent internationally recognized body.
• Ten or more years of progressively responsible actuarial experience across multiple capabilities, with at least five years of leadership experience building, scaling, or transforming teams or capabilities.
• Deep understanding of U.S. life insurance, annuity, retirement, or protection products, along with U.S. GAAP, statutory reporting, actuarial governance, model risk management, and control expectations.
• Strong executive communication, stakeholder management, strategic thinking, problem-solving, and the ability to lead effectively across global businesses, functions, and time zones.

What will set you apart?

• Experience leading a broad actuarial function or serving in a chief actuary, deputy chief actuary, or comparable senior actuarial leadership capacity.
• Experience establishing or expanding actuarial capabilities in a global capability center, shared services organization, center of excellence, or global delivery model.
• Experience across U.S. pricing, product development, valuation, forecasting, experience studies, assumption governance, capital, risk, asset liability management, reinsurance, or hedging.
• Experience with AXIS, Prophet, MG-ALFA, Polysystems, or similar actuarial modeling platforms.
• Experience with Python, process automation, cloud-based data platforms, data pipelines, advanced analytics, or AI-enabled productivity tools.
• Experience leading actuarial transformation, model modernization, integrated modeling, or enterprise forecasting initiatives.