Associate Director - Actuarial Analytics

Nuveen; Mumbai; On-site; INR 2,500,000 - 4,500,000; Full time

Job summary

TIAA Global Capabilities seeks a senior Associate Director to lead the actuarial modelling function, govern valuation, ALM and capital reporting, and mentor a team of actuaries. The role focuses on model risk, governance, and scalable delivery in a global context.

You will drive transformation, reduce model complexity, expand automation, and build Python-based analytics for asset and liability work, partnering with US stakeholders.

Qualifications

• Qualified actuary with substantial post-qualification experience in life or retirement modelling.
• Experience leading teams and owning delivery at scale.
• Credibility in model governance and audit readiness.

Responsibilities

• Own actuarial modelling function and governance framework.
• Lead a team of actuaries; set modelling roadmap and review sign-off.
• Drive automation and Python analytics for asset and liability work.
• Partner with US actuarial, finance and risk stakeholders.

Skills

Actuarial Science

Financial Modeling

Problem Solving

Collaboration

Executive Presence

Financial Acumen

Business Acumen

Communication

Relationship Management

Leadership

Python

Education

University (Degree) Preferred

Tools

Python

Job description

SME - Actuaries Analytics - IN Works closely with the GA CIO, Asset Management, and Risk Management and is primarily responsible for strategic asset allocation analyses, asset-liability stress-testing, economic capital framework, and interest rate risk management. ALM also works with GAO and Product Actuarial on investment strategies for new products and is responsible for maintenance and calibration of the economic scenario generator.

Key Responsibilities and Duties

• Responsible for strategic asset allocation analyses, asset-liability stress-testing, economic capital framework, and interest rate risk management under limited guidance.
• Works with GAO and Product Actuarial on investment strategies for new products and is responsible for maintenance and calibration of the economic scenario generator.
• Provides technical expertise in strategic asset allocation analyses, asset-liability stress-testing, economic capital framework, and interest rate risk management under limited guidance.

Educational Requirements

University (Degree) Preferred

Work Experience

5+ Years Required; 7+ Years Preferred

Physical Requirements

Physical Requirements: Sedentary Work

Career Level

9IC

The Associate Director owns the actuarial modelling function and is accountable for the integrity, governance and strategic direction of the models underpinning valuation, ALM and capital reporting. You will lead a team of qualified and part-qualified actuaries, setting the modelling roadmap, prioritising the book of work across reporting cycles, and holding review and sign-off accountability for model changes, assumption updates and results delivered to onshore actuarial leadership. The role carries clear ownership of model risk: maintaining the control and documentation framework, ensuring changes are validated and audit-ready, and representing the modelling estate to internal governance forums, audit and regulatory reviews. Alongside the run agenda you will drive transformation, targeting material reductions in model complexity and run time, expanding automation across the end-to-end process, and building out Python-based analytics capability for asset and liability work. You will act as a senior partner to US actuarial, finance and risk stakeholders, translating business questions into modelling solutions and influencing methodology decisions rather than executing them. We are looking for a qualified actuary with substantial post-qualification experience in life or retirement modelling, a track record of leading teams and owning delivery at scale, credibility in model governance, and the presence to operate as a trusted counterpart to senior onshore leadership.

Related Skills

• Accountability
• Actuarial Science
• Business Acumen
• Collaboration
• Communication
• Continuous Improvement Mindset
• Executive Presence
• Financial Acumen
• Financial Modeling
• Problem Solving
• Relationship Management
• TIAA Products/Services Acumen

Company Overview

TIAA Global Capabilities was established in 2016 with a mission to tap into a vast pool of talent, reduce risk by insourcing key platforms and processes, as well as contribute to innovation with a focus on enhancing our technology stack. TIAA Global Capabilities is focused on building a scalable and sustainable organization , with a focus on technology , operations and expanding into the shared services business space. Working closely with our U.S. colleagues and other partners, our goal is to reduce risk, improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.

We are an Equal Opportunity Employer.

TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.

Our Culture of Impact At TIAA, we're on a mission to build on our 100+ year legacy of delivering for our clients while evolving to meet tomorrow's challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together, we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose, accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveen's entrepreneurial spirit, where we work hard and work together to create lasting impact. Here, every associate can grow through meaningful learning experiences and development pathways- because when our people succeed, our impact on clients' lives grows stronger.

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