Actuarial Manager – System Support – Life Insurance Acme Services

The Corporate Institute; Gurgaon; On-site; INR 3,000,000 - 5,500,000; Full time

Job summary

The Corporate Institute is seeking a System Actuarial professional with 5-10 years of experience in Life Insurance for Decision Analytics. You will develop actuarial models and support client requirements across international markets, with emphasis on the US life insurance sector.

This role offers exposure to modelling, testing, and validation work, plus opportunities to engage with clients on requirements, automate processes, and contribute to transformation initiatives within a data-driven

Qualifications

• Bachelor’s or Master’s degree in Economics, Mathematics, or Actuarial Science.
• 5-10 years of actuarial experience in Life Insurance and 4-12 actuarial exams.
• Affiliation with IAI, SOA, or IFoA.
• Experience in international markets, especially the US Life Insurance market; knowledge of US products and illustrations is preferred.
• Exposure to actuarial modelling tools such as Polysystem, MG-ALFA, GGY AXIS, or Prophet.
• Knowledge of SQL, Python, or R is desirable but not mandatory.

Responsibilities

• Build actuarial models for life insurance products and support actuarial solutions for client requirements.
• Perform experience analysis, data handling, and work on Benefit Illustration models.
• Conduct UAT, unit testing, regression testing, and actuarial model testing and validation.
• Interact with clients to understand business requirements and translate them into actuarial solutions.
• Contribute to transformation, automation, and continuous improvement initiatives.
• Identify client pain points and support new business development by proposing solutions.
• Ensure compliance with data privacy and protection guidelines.

Skills

Actuarial modelling

Experience analysis

Life insurance domain

US life insurance market knowledge

SQL

Python

R

Education

Bachelor’s or Master’s degree in Economics, Mathematics, or Actuarial Science

IAI/SOA/IFoA affiliation

Tools

Polysystem

MG-ALFA

GGY AXIS

Prophet

Job description

Job Description

We are hiring a System Actuarial professional with 5 - 10 years of experience in Life Insurance for Decision Analytics. This role is ideal for professionals with experience in Actuarial Modelling, Experience Analysis, Benefit Illustration Models, Model Testing & Validation, and Life Insurance Products, particularly those with exposure to US life insurance markets.

Your Future Employer

It is a leading operations management and analytics company that helps businesses improve growth, profitability, customer satisfaction, and risk management through analytics, automation, consulting, and technology-driven solutions. It serves industries including insurance, healthcare, banking, and financial services.

Responsibilities

• Build actuarial models for life insurance products and support actuarial solutions for client requirements.
• Perform experience analysis, data handling, and work on Benefit Illustration models.
• Conduct UAT, unit testing, regression testing, and actuarial model testing and validation.
• Interact with clients to understand business requirements and translate them into actuarial solutions.
• Contribute to transformation, automation, and continuous improvement initiatives.
• Identify client pain points and support new business development by proposing solutions.
• Ensure compliance with data privacy and protection guidelines.

Requirements

• Bachelor’s or Master’s degree in Economics, Mathematics, or Actuarial Science.
• 5 - 10 years of actuarial experience in Life Insurance and completion of 4 - 12 actuarial exams.
• Affiliation with IAI, SOA, or IFoA.
• Experience in international markets, particularly the US Life Insurance market; knowledge of US products and illustrations is preferred.
• Exposure to actuarial modelling tools such as Polysystem, MG-ALFA, GGY AXIS, or Prophet.
• Experience in data handling, actuarial modelling, experience analysis, and model testing/validation.
• Knowledge of SQL, Python, or R is desirable but not mandatory.

What’s in it for You

• Opportunity to work with experienced analytics consultants on complex actuarial and business problems.
• Exposure to international clients and life insurance products.
• Opportunities to work on actuarial modelling, automation, and transformation initiatives.
• A learning-oriented environment with mentoring, professional development, and exposure to advanced analytics tools.