Analyst - Actuarial

sunlife; Gurugram District; On-site; INR 600,000 - 1,200,000; Full time

Job summary

Sun Life in India is seeking an Analyst - Actuarial to support actuarial modelling, valuation, asset-liability management and automation initiatives across Sun Life's global operations from Gurugram.

The role requires 1-3 years of actuarial experience (life insurance preferred) or 2-4 years total work experience, with hands-on experience in Axis, IFRS 17 and related tools, and strong communication with stakeholders.

Qualifications

• Experience in life insurance domain (preferred).
• Hands on experience with actuarial software such as GGY Axis, Risk Integrity and Prophet.
• Working knowledge of IFRS 17.
• Understanding of modelling framework and validation techniques.
• Appreciation of end-to-end actuarial system architecture and methodologies.

Responsibilities

• Design, build and test Axis models for Sunlife across geographies including Canada, US, and Asia.
• Develop, test and maintain models and utilities for implementations such as IFRS17, LICAT etc.
• Develop, test and maintain tools and utilities used for model inputs and extraction of model output.
• Review and test IFRS 17 models with reserve movement checks and cashflow checks.
• Support asset-liability management through analysis of discount rates and yield curves.
• Utilize Python, SQL, VBA to streamline actuarial processes and improve efficiency.
• Analyze and present results to stakeholders and communicate with them effectively.

Skills

Actuarial modelling

IFRS 17

Stakeholder communication

Education

Graduate / Postgraduate

2-4 actuarial exams

CT5 preferred

Tools

GGY Axis

Risk Integrity

Prophet

Job description

You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do.

At Sun Life, we're driven by our Purpose: helping our Clients achieve lifetime financial security and live healthier lives. Our values shape how we work: caring, authentic, bold, inspiring, and impactful.

When you join Sun Life, you'll work with passionate colleagues and empowering leaders who support your growth and celebrate your contributions, so you can make a meaningful difference in our Clients' lives.

Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description

Analyst - Actuarial - Job Description

Office Location- Pioneer Square, Sector 62, Gurugram - 122101

Shift timings- 12 pm- 8:30 pm (Flexible)

This is Individual contributor role

Work from office - Minimum 2 anchor days which may change over the period of time

Role

Actuarial talent with 1-3 years of actuarial experience (Life Insurance preferred) or 2-4 years of total work experience to support actuarial modeling, valuation, asset-liability management, and automation initiatives across Sun Life's global operations:

Preferred skills

• Experience in life insurance domain (including knowledge of various life insurance products)
• Hands on experience on actuarial softwares like GGY Axis, Risk Integrity, Prophet
• Working knowledge of IFRS 17
• Understanding of modelling framework and validation techniques
• Appreciation of end-to-end actuarial system architecture, products, and methodologies

Qualifications

• Graduate / Postgraduate
• 2-4 actuarial exam and (CT5 is preferred)

Responsibilities

• Design, build and test Axis models for Sunlife across geographies including Canada, US, and Asia
• Develop, test and maintain models and utilities for implementations such as IFRS17, LICAT etc.
• Develop, test and maintain tools and utilities used for model inputs and extraction of model output
• Review and test IFRS 17 models which includes reserve movement checks/reconciliations, cashflow checks at both aggregate and policy level etc.
• Support asset-liability management activities through analysis of discount rates, asset cash flows, yield curves, and economic assumptions.
• Utilize programming languages such as Python, SQL, VBA etc to streamline actuarial processes and improve operational efficiency.
• Analyze and present results to stakeholders
• Effectively communicate with the stakeholders and execute the tasks independently

Job Category

Actuarial

Posting End Date

22/09/2026