Life Actuarial Modeling - 5+ Years - Gurugram

Crescendo Global Leadership Hiring India

Dadri, Gurugram District, Delhi

On-site

INR 3,500,000 - 5,200,000

Full time

3 days ago
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Job summary

Crescendo Global Leadership Hiring India is seeking an experienced actuarial professional to develop and validate life insurance models, with focus on international markets, especially the US.

You will work on PathWise modeling, testing, and client-facing solutions, driving automation and transformation across global clients, while ensuring data privacy and quality.

A strong opportunity for career growth in actuarial consulting and life insurance analytics.

Qualifications

  • 5–10 years of experience in Life Insurance and actuarial modeling.
  • Bachelor's or Master's in Economics, Mathematics, Actuarial Science, or related field.
  • IAI, SOA or IFoA affiliation with 4–12 actuarial exams passed.
  • Good exposure to PathWise modeling.
  • Strong understanding of life insurance products, actuarial concepts and model testing and validation.
  • Knowledge of US life insurance products and Benefit Illustrations is preferred.
  • Experience with international markets, esp. the US; Indian life insurance exposure is preferred.
  • Familiarity with actuarial modeling tools such as Polysystem, MG-ALFA, GGY AXIS, Prophet is a plus.
  • Knowledge of SQL, Python or R is desirable.

Responsibilities

  • Develop and maintain actuarial models for life insurance products, with focus on international markets (US).
  • Work on PathWise modeling and support actuarial modeling, data handling and experience analysis.
  • Build and validate Benefit Illustration models for life insurance products.
  • Perform UAT, unit testing, regression testing and other model testing activities.
  • Interact with clients to understand requirements and translate into actuarial solutions.
  • Support transformation, automation and continuous improvement initiatives.
  • Analyze actuarial data and deliver accurate modeling solutions.
  • Contribute to new business development by identifying client pain points and solutions.
  • Collaborate with global stakeholders and ensure clear communication.
  • Ensure compliance with data privacy and quality standards.

Skills

Strong analytical
Communication skills
Problem solving
Independent work

Education

Actuarial/Math degree

Tools

Polysystem
MG-ALFA
GGY AXIS
Prophet
SQL/Python/R

Job description

Life Actuarial Modeling 5+ Years Gurugram

Are you an experienced actuarial professional with strong expertise in Life Insurance, actuarial modeling, PathWise and model testing & validation? We are looking for a skilled professional to develop and validate life insurance actuarial models, deliver client-focused solutions and drive transformation and automation initiatives across global insurance markets.

Your Future Employer

A leading analytics and consulting organization offering opportunities to work on advanced actuarial solutions, life insurance modeling, business transformation and data-driven decision-making for global clients.

Location

Gurugram

Responsibilities
  • Develop and maintain actuarial models for life insurance products, with a focus on international markets, particularly the US.
  • Work on PathWise modeling and support actuarial modeling, data handling and experience analysis.
  • Build and validate Benefit Illustration models for life insurance products.
  • Perform UAT, unit testing, regression testing and other actuarial model testing and validation activities.
  • Interact regularly with clients to understand business requirements, identify problem areas and translate them into effective actuarial solutions.
  • Support transformation, process automation and continuous improvement initiatives.
  • Analyze actuarial data and deliver accurate, reliable and business-focused modeling solutions.
  • Contribute to new business development by identifying client pain points and recommending suitable solutions.
  • Collaborate with global stakeholders while ensuring effective communication across teams and clients.
  • Ensure compliance with data privacy, protection guidelines and applicable quality standards.
Requirements
  • 5–10 years of experience in Life Insurance and actuarial modeling.
  • Bachelor's or Master's degree in Economics, Mathematics, Actuarial Science or a related field.
  • Affiliation with IAI, SOA or IFoA, with 4–12 actuarial exams passed.
  • Good exposure to PathWise modeling.
  • Strong understanding of life insurance products, actuarial concepts and model testing and validation.
  • Knowledge of US life insurance products and Benefit Illustrations is preferred.
  • Experience working with international markets, particularly the US; Indian life insurance market exposure is also preferred.
  • Familiarity with actuarial modeling tools such as Polysystem, MG-ALFA, GGY AXIS, Prophet or other actuarial software is an added advantage.
  • Knowledge of SQL, Python or R is desirable but not mandatory.
  • Strong analytical, technical and problem-solving skills.
  • Excellent written and verbal communication skills, with the ability to interact effectively with clients and senior stakeholders.
  • Ability to work independently in a fast-paced, continuously evolving environment and collaborate with cross-cultural teams.
What is in it for you?
  • Opportunity to work on advanced life insurance actuarial modeling and validation projects.
  • Exposure to international insurance markets and global clients.
  • Hands-on experience with actuarial transformation, automation and technology-driven solutions.
  • Opportunity to collaborate with experienced actuarial and analytics professionals.
  • Access to continuous learning, mentoring and professional development.
  • Strong career growth opportunities in actuarial consulting and life insurance analytics.

Crescendo Global does not discriminate based on race, religion, colour, origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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