Appointed Actuary - Life Insurance - Bengaluru/Gurgaon/Mumbai

Crescendo Global; Bengaluru; On-site; INR 1,500,000 - 2,000,000; Full time

Benefits offered by this job

Opportunity for strategic impact

Collaborative work environment

Mentorship opportunities

Job summary

A fast-growing organization in the insurance sector is seeking a Life Actuary to apply advanced actuarial techniques in risk management and product pricing. The role demands over 10 years of experience, including leadership in actuarial functions like capital management and reinsurance. The ideal candidate will collaborate with cross-functional teams and have expertise in tools like Prophet. A great opportunity awaits for those looking to influence strategic financial decisions and mentor future teams in a supportive environment.

Qualifications

• Approximately 10+ years of actuarial experience with at least 5 years of post-fellowship experience in life insurance valuation, reserving, or pricing.
• Strong expertise in actuarial software such as Prophet or MoSes along with advanced analytical and modeling capabilities.
• Excellent analytical, problem-solving, leadership, and communication skills.

Responsibilities

• Support Corporate Actuarial functions including capital management, solvency monitoring, and business planning in collaboration with finance and risk teams.
• Conduct Asset-Liability Management (ALM) studies to ensure alignment between liability cashflows and investment strategies.
• Evaluate, design, and negotiate reinsurance treaties while maintaining strong relationships with reinsurers.
• Design, test, and price life insurance products by assessing mortality, morbidity, and lapse risks.
• Develop and maintain actuarial models for valuation, reserving, and embedded value.
• Perform financial analysis and generate management reports to support profitability and risk strategies.
• Collaborate with product, finance, risk, and underwriting teams to align actuarial assumptions.

Skills

Actuarial modeling

Capital management

Reinsurance

Asset-Liability Management

Analytical skills

Communication skills

Education

Bachelor’s or Master’s degree in Actuarial Science, Mathematics, Statistics, Finance

Fellow of the Institute of Actuaries of India (FIAI)

Tools

Prophet

MoSes

Job description

Life Actuary with expertise in capital management, ALM, reinsurance, product pricing, and actuarial valuation within the life insurance domain. The role involves applying advanced actuarial modeling techniques to manage risk, support strategic decision-making, and ensure the financial soundness of insurance products while collaborating with cross-functional teams.

Your Future Employer

A fast-growing organization in the insurance and financial services sector, known for its focus on innovation, strong risk management practices, and data-driven decision making.

Responsibilities

• Support Corporate Actuarial functions including capital management, solvency monitoring, and business planning in collaboration with finance and risk teams.
• Conduct Asset-Liability Management (ALM) studies to ensure alignment between liability cashflows and investment strategies, including regular stress testing.
• Evaluate, design, and negotiate reinsurance treaties while maintaining strong relationships with reinsurers and ensuring alignment on underwriting philosophy and claims experience.
• Design, test, and price life insurance products by assessing mortality, morbidity, and lapse risks and establishing sustainable premium structures and underwriting guidelines.
• Develop and maintain actuarial models for valuation, reserving, and embedded value while ensuring reserve adequacy and regulatory compliance.
• Perform financial analysis and generate management reports to support profitability, capital efficiency, and risk mitigation strategies.
• Collaborate with product, finance, risk, and underwriting teams to align actuarial assumptions, scenario testing, and methodologies.

Requirements

• Bachelor’s or Master’s degree in Actuarial Science, Mathematics, Statistics, Finance, or a related discipline.
• Fellow of the Institute of Actuaries of India (FIAI) with life insurance specialization preferred.
• Approximately 10+ years of actuarial experience with at least 5 years of post-fellowship experience in life insurance valuation, reserving, or pricing.
• Strong expertise in actuarial software such as Prophet or MoSes along with advanced analytical and modeling capabilities.
• Excellent analytical, problem-solving, leadership, and communication skills.

What is in it for you

• Opportunity to work in a high-impact actuarial role influencing strategic financial decisions.
• Exposure to advanced actuarial modeling, capital management, and reinsurance strategy.
• Collaborative work environment with cross-functional leadership teams.
• Opportunity to mentor teams and contribute to the development of actuarial capabilities.

Reach Us

If you think this role is aligned with your career, kindly write me an email along with your updated CV on [e-mail] for a confidential discussion on the role.

Disclaimer

Crescendo Global specializes in Senior to C-level niche recruitment. We are passionate about empowering job seekers and employers with an engaging memorable job search and leadership hiring experience. 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.

Scammers can misuse Crescendo Global’s name for fake job offers. We never ask for money, purchases, or system upgrades. Verify all opportunities at www.crescendo-global.com and report fraud immediately. Stay alert!

Keywords

Life Actuary, Actuarial Valuation, Life Insurance Pricing, Asset Liability Management, Capital Management, Reinsurance, Actuarial Modeling, Prophet, MoSes, Insurance Risk Management, Crescendo Global.