Actuarial Modelling Professional

Aon; Gurugram District; Hybrid; INR 900,000 - 1,500,000; Full time

Job summary

Aon is seeking an Actuarial Consultant (Life) with 3–7 years of life actuarial modeling experience for our PathWise transformation initiative in Gurugram/Bengaluru. The role is hybrid and focuses on client delivery, onboarding, and solution design.

You will lead model migration to PathWise, build and validate reserves and regulatory models, and translate complex actuarial logic into scalable Python code while collaborating with cross-functional teams.

Qualifications

• 3–7 years of life insurance actuarial modeling experience.
• Strong knowledge of actuarial modeling software.
• Hands-on Python experience preferred.
• Familiarity with US GAAP LDTI and related frameworks.
• Ability to work independently and lead modeling deliverables.

Responsibilities

• Lead end-to-end conversion of actuarial models to PathWise.
• Build, test, validate, and optimize models for reserving, financial reporting, and regulatory purposes.
• Translate complex actuarial logic into efficient, scalable code (Python preferred).
• Work with life and annuity products such as Term, ULIP, Par, Universal Life, and VA.
• Collaborate with clients to understand modeling needs and provide technical solutions.
• Support onboarding, troubleshooting, and client training during migration phases.
• Contribute to proposals, client demos, and proof-of-concept projects.

Skills

Python programming

Actuarial modeling

Model migration/automation

Communication skills

Tools

PathWise

US GAAP LDTI

VM21

SQL

Power Query

JIRA

Job description

Job Summary

Job Title- Actuarial Consultant (Life) Location- Gurugram /bangalore Work Mode- Hybrid Position Type- Full-time Required years of experience- 3 -7 years of relevant experience. We are seeking an experienced and proactive senior life actuarial modeling professional to join our PathWise transformation team. You ll collaborate across teams, mentor junior actuaries, and contribute to client delivery, onboarding, and solution design.

• Lead end-to-end conversion of actuarial models to PathWise
• Build, test, validate, and optimize models for reserving, financial reporting, and regulatory purposes
• Translate complex actuarial logic into efficient, scalable code (Python preferred)
• Work with life and annuity products such as Term, ULIP, Par, Universal Life, and VA
• Collaborate with clients to understand modeling needs and provide technical solutions
• Support onboarding, troubleshooting, and client training during migration phases
• Contribute to proposals, client demos, and proof-of-concept projects

• 3 -7 years of experience in life insurance actuarial modeling
• Strong knowledge of any actuarial modeling software
• Hands-on experience with Python preferred
• Familiarity with frameworks such as US GAAP LDTI, VM21, IFor local statutory reserving
• Ability to work independently and lead modeling deliverables
• Excellent verbal and written communication skills
• Nearly or newly qualified actuary (IFoA, SOA, IAI) preferred
• Experience in model migration, automation, or transformation projects
• Familiarity with SQL, Power Query, or Agile delivery tools like JIRA (preferred)