Analyst Actuarial Modeling

Empower Global Business Services India Private Limited; Bengaluru; Hybrid; INR 600,000 - 1,200,000; Full time

Job summary

Empower Global Services India Private Limited invites an Actuarial Analyst to join our team in Bengaluru. You will work with MG-ALFA or GGY AXIS models to generate financial results and analysis, build and run complex actuarial models, and support regulatory reporting.

Requirements: Bachelor's degree in actuarial science or math/statistics, 1–3 years actuarial experience in Life core/consulting, 4–8 actuarial exams (IFoA/SOA/IAI), and strong MS Office skills (Excel/Access/VBA).

Qualifications

• Bachelor's degree in actuarial science, math/statistics or equivalent is required.
• 4 to 8 actuarial exams from IFoA/SOA/IAI or equivalent society.

Responsibilities

• Builds, maintains, and runs complex actuarial models.
• Ensures compliance with department policies, actuarial standards, and applicable regulations.
• Executes and documents support for key management internal controls.
• Prepares MG-ALFA or GGY-Axis result reports and financial analyses for reporting.

Skills

Actuarial systems

Excel

VBA

Communication

Internal controls

Model documentation

Time management

Education

Bachelor's degree in actuarial science or math/statistics

4–8 actuarial exams (IFoA/SOA/IAI)

Tools

MS Office

Job description

Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them. Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.

The Actuarial Analyst will work with MG-ALFA or GGY AXIS systems actuarial valuation models to generate financial results and analysis. The Analyst will bring actuarial valuation systems understanding in MG-ALFA or GGY AXIS modeling applications. The successful candidate will be a highly motivated, organized, and have demonstrated understanding with applicable systems and data.

Primary Responsibilities

• Builds, maintains, and runs complex actuarial models.
• Ensures compliance with department policies, actuarial standards, and applicable regulations.
• Executes and documents support for key management internal controls.
• Prepares MG-ALFA or GGY-Axis result reports and financial analyses in support of financial and regulatory reporting.

Educational Qualification

• Bachelor's degree in actuarial science, math/statistics or equivalent is required.
• 4 to 8 actuarial exams from IFoA/SOA/IAI or any other equivalent society

Required skills and competencies

• Has conceptual knowledge of actuarial systems and transferring skills to processes.
• Working knowledge of internal controls and model documentation
• Proficiency in MS Office including Excel, Access, and VBA.
• Strong communication skills.
• Ability to produce complex results and provide initial analyses.
• Identifies and participates in implementing improvements.
• Demonstrates strong work ethic and personal accountability Builds collaborative and cooperative relationships.
• Adjusts to changing events and priorities; displays a positive approach; focuses energy on determining possibilities.
• Makes decisions within guidelines, controls, and policies that impact priorities and allocation of time to meet deadlines.
• Manages costs (time) related to work.

Required Experience

• 1-3 years of Actuarial experience in Life core/consulting or U.S. retirements
• Experience of working on risk/financial/actuarial Modeling using excel/VBA/R etc.

Work shift timing is 1:30 PM TO 10 :30 PM

We are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age, race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law.

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Remote and Hybrid Positions

For remote and hybrid positions you will be required to provide reliable high-speed internet with a wired connection as well as a place in your home to work with limited disruption. You must have reliable connectivity from an internet service provider that is fiber, cable or DSL internet. Other necessary computer equipment will be provided. You may be required to work in the office if you do not have an adequate homework environment and the required internet connection.

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