Senior Analyst - Actuarial

WNS Holdings; Gurugram District; On-site; INR 800,000 - 1,400,000; Full time

Job summary

WNS Holdings in Gurugram is seeking a Senior Analyst with 2–5 years of Life Insurance/Variable Annuities experience to join our actuarial team. You will handle data, valuation modelling and analysis of life and guaranteed annuity products, translating business requirements into critical data elements and validating calculations.

Proficiency in Prophet or similar actuarial tools and strong MS Office skills are preferred; excellent communication and ability to work under tight timelines will help

Qualifications

• Good knowledge in data handling, actuarial valuation, modelling and concepts.
• Strong understanding of product features and lines of business in Life and annuities with guarantees.
• Undertakes data analytics used in process translates requirements for critical data elements.
• Good knowledge in calculation of cash values, account values, surrender values and option-based benefits.
• Perform the valuation across life business.
• Produce validation and provide gap assessment during testing with solutions; supports documentation & other requirements.

Responsibilities

• Undertakes data analytics to translate requirements for critical data elements.
• Perform valuations across life business, including cash and surrender values.
• Produce validation and gap assessment during testing with solutions.
• Support documentation and other requirements for development and delivery.

Skills

Data handling

Actuarial valuation

Modelling

Life insurance domain

Communication skills

Education

Actuarial exams (preferred)

Tools

Prophet

MG Alfa

Job description

Job Description

• Good knowledge in data handling, actuarial valuation, modelling and concepts
• Strong understanding of various product features and lines of business in Life, annuities with guarantees products etc.
• Undertakes data analytics used in process translates the requirements for critical data elements
• Good knowledge in the calculation of cash values, account values, surrender values, benefit calculation based on option value, etc.,
• Perform the valuation across life business
• Able to produce validation and provide gap assessment during testing with solutions. Supports with documentation & other requirements

WORK EXPERIENCE

Min 2 - 5 years experience in the Life Insurance/ Variable Annuities domain (For Senior Analyst) with 3 Actuarial papers preferable

Soft Skills

• Strong communication skills Verbal & Written
• Ability to work through stringent timelines
• Proficient in MS Office Suite
• Experience using actuarial software and policy systems (Prophet, MG alfa etc)

Desirable

• Should possess the ability to think out of the box – contingency management
• Good decision-making skills
• Life and annuity valuation experience
• Able to develop data mapping and downstream testing in valuation models
• Should be a team player able to work on IC roles as well.

Behavioural Competencies

• Decision making ability & Attention to detail
• Team players with a ready disposition to learn
• Professional mannerisms
• Customer Centric
• Committed and reliable
• Versatile and adaptable

Communication Skills

• Ability to have conversations with the client teams, related to the process is essential
• Ability to have robust conversations while maintaining a high level of customer service and maintaining composure
• Ability to utilise effective listening skills
• Pick up on direct and indirect queries from customers and understand and comprehend the customer’s needs
• Ability to distinguish between enquiries and complaints (including level of complaint)