Actuarial Modeling - MG Alpha/Prophet - 4+ Years - Gurgaon

Crescendo Global Leadership Hiring India; Gurugram District; Hybrid; INR 1,500,000 - 3,500,000; Full time

Job summary

Crescendo Global Leadership Hiring India in Gurgaon seeks an experienced Actuarial Modeling specialist to work on Life Insurance Modelling, Valuation, Financial Reporting, Projection and Model Governance, delivering complex modelling solutions.

You will develop and validate models, support IFRS 17, Solvency and US GAAP reporting, and collaborate with actuarial, finance and technology teams to drive business insights.

Qualifications

• 47 years of experience in Actuarial Modelling within the Life Insurance industry.
• Strong understanding of life insurance products, actuarial principles, cash flows and model controls.
• Exposure to Python, VBA, SQL or other automation tools will be desirable.

Responsibilities

• Develop, maintain and validate life insurance actuarial models, with a focus on capital and asset-side modelling.
• Perform model development, testing and validation while ensuring adherence to model governance standards.
• Support actuarial valuation, projection, experience investigation and assumption-setting exercises.
• Analyze model outputs and translate results into actionable business insights.
• Support IFRS 17, Solvency, US GAAP and other actuarial financial reporting requirements.
• Prepare long-term cash flow projections, profitability analysis and impact assessments for assumption changes and model updates.
• Conduct model reviews, reconciliations and validation testing, including investigation of model discrepancies and recommending improvements.
• Analyze model point data, assumptions and actuarial calculation methodologies.
• Collaborate with actuarial, finance, risk and technology stakeholders to deliver high-quality modelling solutions.
• Support client engagements and communicate modelling results effectively to stakeholders.
• Prepare technical documentation, presentations and management-level insights.

Skills

Actuarial modelling

Python

VBA

SQL

ALM modelling

Capital modelling

US Life Insurance

Tools

MG-ALFA

Prophet

AXIS

Job description

Actuarial Modeling - MG Alpha/Prophet - 4+ Years - Gurgaon

An exciting opportunity for an experienced actuarial professional to work on Life Insurance Modelling, Valuation, Financial Reporting, Projection and Model Governance. The role offers exposure to complex life insurance products, modelling frameworks, reporting regimes and advanced actuarial modelling assignments.

Location -

Gurgaon.

Your Future Employer -

A leading organization offering an opportunity to work with experienced actuarial, finance, risk and technology teams on complex Life Insurance Modelling and Actuarial engagements.

Responsibilities

1. Develop, maintain and validate life insurance actuarial models, with a focus on capital and asset-side modelling.
2. Perform model development, testing and validation while ensuring adherence to model governance standards.
3. Support actuarial valuation, projection, experience investigation and assumption-setting exercises.
4. Analyze model outputs and translate results into actionable business insights.
5. Support IFRS 17, Solvency, US GAAP and other actuarial financial reporting requirements.
6. Prepare long-term cash flow projections, profitability analysis and impact assessments for assumption changes and model updates.
7. Conduct model reviews, reconciliations and validation testing, including investigation of model discrepancies and recommending improvements.
8. Analyze model point data, assumptions and actuarial calculation methodologies.
9. Collaborate with actuarial, finance, risk and technology stakeholders to deliver high-quality modelling solutions.
10. Support client engagements and communicate modelling results effectively to stakeholders.
11. Prepare technical documentation, presentations and management-level insights.

Requirements

1. 47 years of experience in Actuarial Modelling within the Life Insurance industry.
2. Strong understanding of life insurance products, actuarial principles, cash flows and model controls.
3. Experience with MG-ALFA will be a significant advantage.
4. Knowledge of Prophet, AXIS or other actuarial modelling platforms will be beneficial.
5. Exposure to Python, VBA, SQL or other automation tools will be desirable.
6. Exposure to ALM Modelling, including asset-liability cash flow projections, interest rate risk, liquidity and duration management, and economic scenario testing, will be preferred.
7. Experience in Capital Modelling, including Economic Capital, risk-based capital frameworks, solvency assessment, scenario analysis and stress testing, will be preferred.
8. Exposure to US Life Insurance will be considered a significant advantage.

What is in it for you

1. Opportunity to work on complex Life Insurance Actuarial Modelling assignments.
2. Exposure to MG-ALFA, ALM, Capital Modelling and model governance.
3. Opportunity to work across IFRS 17, Solvency and US GAAP reporting frameworks.
4. Opportunity to collaborate with cross-functional actuarial, finance, risk and technology teams.
5. A platform to further develop your career in Life Insurance Modelling and Actuarial Consulting.

Crescendo Global does not discriminate based on race, religion, colour, origin, gender, sexual orientation, age, marital status, veteran status or disability status.

Note - We receive many applications daily, so it becomes difficult for us to get back to each candidate. Please assume that your profile has not been shortlisted in case you don't hear back from us in 1 week. Your patience is highly appreciated.

Keywords - Life Insurance, Actuarial Modelling, Life Actuarial, MG-ALFA, Prophet, AXIS, IFRS 17, US GAAP, Solvency, ALM, Asset Liability Management, Capital Modelling, Economic Capital, Actuarial Valuation, Projection Modelling, Model Validation, Model Governance, Python, VBA, SQL, US Life Insurance, Crescendo Global.