Actuarial Manager

Agam Capital India; Gurugram District; Sur place; INR 6 000 000 - 10 000 000; Plein temps

Avantages offerts par ce poste

Résumé du poste

Agam Capital India is seeking an Actuarial Director to lead international actuarial, risk and ALM workstreams from Gurgaon. The role requires overseeing end-to-end deliverables, guiding complex analyses, and ensuring accuracy and regulatory alignment.

Travel overseas is expected as part of the role. You will mentor a global actuarial team, review valuations and results, and partner with senior management to shape business decisions.

Qualifications

• Extensive actuarial valuation, pricing, ALM and embedded value work across US life products.
• Strong understanding of financial statements and reporting processes.
• Proven leadership and cross-functional collaboration with global teams.

Responsabilités

• Lead end-to-end actuarial, risk and ALM workstreams across markets.
• Provide technical leadership on complex investigations and variance analysis.
• Mentor actuarial professionals and drive process improvements and controls.
• Collaborate with senior stakeholders and manage multiple priorities.

Connaissances

Actuarial valuation

Pricing

ALM

Roll-forward

Embedded Value

Stakeholder management

Leadership

Mentoring

Process improvement

Formation

Economics Honors degree

Actuarial qualification; Fellow of IFOA

Outils

Prophet

Description du poste

Job Location: Gurgaon. (Candidate should be open to travel / relocate overseas)

Title: Actuarial - Director

Experience: Qualified Actuary with 10 - 15 years

Job Description – Actuarial Director

Requirements

• Extensive experience in actuarial valuation, pricing, ALM, Roll-forward, and Embedded Value (EC) activities across multiple US Life Insurance product blocks.
• Strong knowledge of US Life Insurance products, valuation methodologies, financial reporting, and associated business processes.
• Strong understanding of financial statements, including Balance Sheet and Income Statement, and their interaction with actuarial results.
• Excellent analytical and problem-solving skills, with the ability to investigate complex actuarial and financial issues and drive them to resolution.
• Proven ability to review, challenge, and validate technical deliverables, ensuring accuracy, quality, and adherence to business requirements.
• Demonstrated experience leading multiple workstreams, managing competing priorities, and ensuring timely and high-quality delivery.
• Strong stakeholder management, presentation, and communication skills, with the ability to work effectively with senior management and global teams.
• Proven ability to lead, develop, and mentor actuarial professionals and build a high-performing team.
• Strong focus on process improvement, operational efficiency, controls, and continuous enhancement of actuarial processes.

Responsibilities

• Lead and provide oversight for Insurance/Reinsurance operations in international markets including Bermuda/London/Cayman/US/Canada/Japan and other Agam locations.
• Own end-to-end delivery of actuarial, Risk and ALM workstreams, ensuring quality, accuracy, timely execution, and adherence to project and business timelines.
• Provide technical leadership on complex actuarial investigations, including root cause analysis, reserve movements, assumption changes, new business impacts, and experience variances.
• Review and challenge Analysis of Movement (AOM), valuation results, reconciliations, and other key actuarial deliverables.
• Partner with actuarial managers and senior stakeholders on project planning, prioritization, resource allocation, and delivery of key strategic initiatives.
• Lead internal team operations, including work allocation, capacity planning, progress tracking, quality assurance, and performance management.
• Establish and maintain robust review and control processes to ensure the accuracy and integrity of actuarial calculations and reporting.
• Leverage strong knowledge of US/UK Life Insurance products, statutory valuation, financial reporting, and actuarial modelling to provide insights and support business decisions.
• Lead investigations into actuarial and financial variances and communicate findings, implications, and recommended actions to senior stakeholders.
• Drive process improvements, automation, standardization, and operational efficiencies across actuarial processes.
• Support audit, regulatory, and management reporting requirements and act as a key point of contact for actuarial deliverables.
• Develop and mentor actuarial talent, provide technical guidance, and foster a culture of accountability, collaboration, and continuous improvement.
• Collaborate with global actuarial, finance, technology, and business teams to deliver strategic initiatives and resolve complex business issues.

Qualification

• Economics Honors degree or equivalent.
• Actuarial qualification; Fellow of IFOA a must with 3-year post qualification experience.

Experience

• 12+ years of experience in the life insurance industry, with significant experience in areas such as financial reporting, ALM, Risk Management, Actuarial modelling, and related actuarial processes.
• Strong experience leading valuation and rollforward activities, including reserve movements, assumption changes, new business impacts, and experience variances.
• Extensive experience performing Analysis of Movement (AOM), reconciling changes in reserves and liabilities, and interpreting actuarial results.
• Proven experience investigating actuarial and financial variances and translating complex analysis into actionable insights for senior management.
• Strong experience developing, maintaining, reviewing, and executing actuarial models using Prophet or similar actuarial modelling platforms.
• Experience leading model testing, validation, implementation, and actuarial process enhancements.
• Experience managing audit, regulatory, and management reporting requirements.
• Demonstrated experience reviewing and signing off on technical deliverables, performing quality assurance, and ensuring the accuracy and integrity of actuarial calculations.
• Experience managing and mentoring actuarial teams, allocating resources, and driving delivery across multiple projects and priorities.
• Proven experience working with senior stakeholders and leading cross‑functional and global teams.
• Experience identifying and implementing process improvements, automation, and standardization initiatives to enhance efficiency and control.