MG ALFA Modeller

ExlService Holdings, Inc.; Jersey City (NJ); Vor Ort; USD 95.000 - 150.000; Vollzeit

Zusammenfassung

ExlService Holdings, Inc. in Jersey City is seeking a senior actuarial modeling professional to lead MG-ALFA model development and maintenance.

You will configure inputs, update assumptions, and advance model platforms to support new products and regulatory requirements. You will perform deterministic and stochastic cash flow projections for Life and Annuity products, assess ALM scenarios, and contribute to valuation, GAAP, and reserve analyses.

Qualifikationen

• Develop, maintain, and enhance actuarial models in MG-ALFA.
• Configure and update model inputs, assumptions, product specifications, and calculation logic.
• Perform model conversions, model modernization, and platform enhancements.
• Support implementation of new products and regulatory requirements within actuarial models.

Aufgaben

• Develop, maintain, and enhance actuarial models in MG-ALFA.
• Configure and update model inputs, assumptions, product specifications, and calculation logic.
• Perform model conversions, model modernization, and platform enhancements.
• Support implementation of new products and regulatory requirements within actuarial models.
• Perform deterministic and stochastic cash flow projections for Life and Annuity products.
• Model asset and liability cash flows under various economic and business scenarios.
• Support Asset Liability Management (ALM) studies and business planning exercises.
• Evaluate impact of interest rate movements, policyholder behaviour, and investment strategies on profitability and capital.
• Support valuation and projection activities for STAT, GAAP, LDTI, and economic balance sheet applications.
• Assist in Asset Adequacy Testing (AAT), Cash Flow Testing (CFT), and reserve adequacy assessments.
• Analyze results and explain movements in reserves, earnings, and capital metrics.
• Perform model testing, validation, reconciliation, and benchmarking.
• Investigate and resolve model setup, assumption, and projection issues.
• Participate in model governance, documentation, peer review, and audit support.
• Ensure regulatory and actuarial standards compliance.
• Work closely with valuation, modeling, finance, investments, and risk management teams.
• Present modeling results, business insights, and recommendations to senior stakeholders.
• Support offshore-onshore delivery and client interactions.

Jobbeschreibung

Key Responsibilities

MG-ALFA Model Development & Maintenance

• Develop, maintain, and enhance actuarial models in MG-ALFA.
• Configure and update model inputs, assumptions, product specifications, and calculation logic.
• Perform model conversions, model modernization, and platform enhancements.
• Support implementation of new products and regulatory requirements within actuarial models.

Asset & Liability Cash Flow Modeling

• Perform deterministic and stochastic cash flow projections for Life and Annuity products.
• Model asset and liability cash flows under various economic and business scenarios.
• Support Asset Liability Management (ALM) studies and business planning exercises.
• Evaluate impact of interest rate movements, policyholder behaviour, and investment strategies on profitability and capital.

Regulatory & Financial Reporting Support

• Support valuation and projection activities for STAT, GAAP, LDTI, and economic balance sheet applications.
• Assist in Asset Adequacy Testing (AAT), Cash Flow Testing (CFT), and reserve adequacy assessments.
• Analyze results and explain movements in reserves, earnings, and capital metrics.

Model Validation & Governance

• Perform model testing, validation, reconciliation, and benchmarking.
• Investigate and resolve model setup, assumption, and projection issues.
• Participate in model governance, documentation, peer review, and audit support.
• Ensure regulatory and actuarial standards compliance.

Stakeholder Collaboration

• Work closely with valuation, modeling, finance, investments, and risk management teams.
• Present modeling results, business insights, and recommendations to senior stakeholders.
• Support offshore-onshore delivery and client interactions.