Director

Agam Capital India; Faridabad District; On-site; INR 4,000,000 - 7,000,000; Full time

Job summary

Agam Capital in Gurgaon seeks a senior actuarial lead to oversee roll forward and EC activities across US Life product blocks. You will drive end-to-end actuarial workstreams, ensuring accuracy, timely delivery and alignment with regulatory and business requirements.

The role requires extensive valuation expertise, strong communication with senior stakeholders, and a track record of mentoring teams while driving process improvements and automation across actuarial processes.

Qualifications

• Extensive experience in actuarial valuation, roll forward, and Embedded Value (EC) activities across US Life Insurance blocks.
• Strong knowledge of US Life Insurance products, valuation methodologies, financial reporting, and related processes.
• Solid understanding of financial statements (Balance Sheet and Income Statement) and their interaction with actuarial results.
• Excellent analytical and problem-solving skills with ability to resolve complex actuarial issues.
• Proven ability to review, challenge, and validate technical deliverables.
• Experience leading multiple workstreams and managing competing priorities.
• Strong stakeholder management and ability to work with senior management and global teams.
• Experience mentoring actuarial professionals and building high-performing teams.
• Focus on process improvement, controls, and automation of actuarial processes.

Responsibilities

• Lead and oversee EC activities and roll forward across US Life blocks.
• Own end-to-end delivery of actuarial workstreams with quality and on-time execution.
• Provide technical leadership on complex investigations including reserve movements and assumption changes.
• Review and challenge AOM, valuation results, and reconciliations.
• Partner with actuarial managers and senior stakeholders on planning and resource allocation.
• Lead internal team operations: allocation, capacity planning, progress tracking, quality assurance.
• Establish review and control processes to ensure accuracy of actuarial calculations.
• Leverage knowledge of US products and statutory valuation to support business decisions.
• Lead investigations into variances and communicate findings to senior stakeholders.
• Drive process improvements, automation and standardization across actuarial processes.
• Support audit, regulatory, and management reporting; mentor talent.
• Collaborate with global teams to deliver strategic initiatives.

Skills

Actuarial valuation

Embedded Value

US Life Insurance

Valuation methodologies

Financial reporting

Financial statements

Problem solving

Review deliverables

Stakeholder management

Mentoring actuarial team

Process improvement

Education

Economics Honors degree

Actuarial fellowship progress (IFOA)

Job description

Company: Agam Capital Job Location: Gurgaon Job Description

Requirements

• Extensive experience in actuarial valuation, roll forward, and Embedded Value (EC) activities across multiple US Life Insurance product blocks.
• Strong knowledge of US Life Insurance products, valuation methodologies, financial reporting, and associated business processes.
• Strong understanding of financial statements, including Balance Sheet and Income Statement, and their interaction with actuarial results.
• Excellent analytical and problem-solving skills, with the ability to investigate complex actuarial and financial issues and drive them to resolution.
• Proven ability to review, challenge, and validate technical deliverables, ensuring accuracy, quality, and adherence to business requirements.
• Demonstrated experience leading multiple workstreams, managing competing priorities, and ensuring timely and high-quality delivery.
• Strong stakeholder management and communication skills, with the ability to work effectively with senior management and global teams.
• Proven ability to lead, develop, and mentor actuarial professionals and build a high-performing team.
• Strong focus on process improvement, operational efficiency, controls, and continuous enhancement of actuarial processes.

Responsibilities

• Lead and provide oversight for roll forward and EC activities across multiple US Life Insurance product blocks.
• Own end-to-end delivery of actuarial workstreams, ensuring quality, accuracy, timely execution, and adherence to project and business timelines.
• Provide technical leadership on complex actuarial investigations, including root cause analysis, reserve movements, assumption changes, new business impacts, and experience variances.
• Review and challenge Analysis of Movement (AOM), valuation results, reconciliations, and other key actuarial deliverables.
• Partner with actuarial managers and senior stakeholders on project planning, prioritization, resource allocation, and delivery of key strategic initiatives.
• Lead internal team operations, including work allocation, capacity planning, progress tracking, quality assurance, and performance management.
• Establish and maintain robust review and control processes to ensure the accuracy and integrity of actuarial calculations and reporting.
• Leverage strong knowledge of US Life Insurance products, statutory valuation, financial reporting, and actuarial modelling to provide insights and support business decisions.
• Lead investigations into actuarial and financial variances and communicate findings, implications, and recommended actions to senior stakeholders.
• Drive process improvements, automation, standardization, and operational efficiencies across actuarial processes.
• Support audit, regulatory, and management reporting requirements and act as a key point of contact for actuarial deliverables.
• Develop and mentor actuarial talent, provide technical guidance, and foster a culture of accountability, collaboration, and continuous improvement.
• Collaborate with global actuarial, finance, technology, and business teams to deliver strategic initiatives and resolve complex business issues.

Qualification

• Qualification - Economics Honors degree or equivalent.
• Actuarial qualification progress with a strong track record toward Fellowship; completion of 10 of 14 Fellowship examinations through IFOA preferred.

Experience

• Experience - 10 - 15 years of experience in the life insurance industry, with significant experience in statutory valuation, financial reporting, actuarial modelling, and related actuarial processes.
• Strong experience leading valuation and roll forward activities, including reserve movements, assumption changes, new business impacts, and experience variances.
• Extensive experience performing Analysis of Movement (AOM), reconciling changes in reserves and liabilities, and interpreting actuarial results.
• Proven experience investigating actuarial and financial variances and translating complex analysis into actionable insights for senior management.
• Strong experience developing, maintaining, reviewing, and executing actuarial models using Prophet or similar actuarial modelling platforms.
• Experience leading model testing, validation, implementation, and actuarial process enhancements.
• Experience managing audit, regulatory, and management reporting requirements.
• Demonstrated experience reviewing and signing off on technical deliverables, performing quality assurance, and ensuring the accuracy and integrity of actuarial calculations.
• Experience managing and mentoring actuarial teams, allocating resources, and driving delivery across multiple projects and priorities.
• Proven experience working with senior stakeholders and leading cross-functional and global teams.
• Experience identifying and implementing process improvements, automation, and standardization initiatives to enhance efficiency and control.