547 Actuary jobs in India

About Us

Kshema General Insurance Limited (Kshema) was established in 2018 and is India's only Digital Agri Insurance Company, catering to farmers/cultivators in the Agriculture sector. Kshema enables cultivators with resilience from financial distress due to extreme climate events and perils through localised insurance products. Kshema is leveraging Technology to provide cutting-edge insurance solutions to farmers.

Kshema has a pan-India presence with more than 500+ employees on roles, along with 500+ employees as contractors.

Experience: Minimum 15 years

Qualification: Fellowship/Associateship with all actuarial exams cleared (IAI/IFoA or equivalent)

Role Overview

As a Senior Actuary, you will leverage your deep technical expertise and leadership skills to:

• Design and review pricing strategies across motor, health, property, and commercial lines
• Lead reserving and valuation exercises to ensure accurate liability measurement
• Drive capital modeling (Solvency II/IRDAI norms) and reinsurance optimization
• Mentor and develop a high-performing team of actuarial analysts

Key Responsibilities

• Develop, validate, and maintain actuarial models (Prophet, Emblem, or equivalent)
• Perform annual and quarterly reserve analyses; propose adjustments based on emerging trends
• Partner with underwriting and finance teams to align pricing with risk appetite and profitability targets
• Oversee IRDAI filings, statutory valuations, and submission of actuarial reports
• Conduct experience studies and loss ratio analyses to refine assumptions
• Guide capital adequacy assessments and stress testing for regulatory compliance
• Present technical findings to C-suite stakeholders and the board

Qualifications & Skills

• Fellowship/Associateship with all professional actuarial exams completed (IAI/IFoA/Equivalent)
• Minimum 15 years of actuarial experience, ideally in pricing, reserving, or capital modeling
• Proficiency in actuarial and statistical tools: Prophet, R, Python, SAS, SQL
• Strong understanding of IRDAI regulations, solvency frameworks, and reinsurance structures
• Exceptional analytical, problem-solving, and communication skills
• Proven track record of influencing senior management and driving cross-functional initiatives

What We Offer

• Competitive compensation with performance-linked incentives
• Opportunity to lead strategic actuarial projects and influence business decisions
• Continuous learning through training, certifications, and industry conferences
• Collaborative work culture with a focus on innovation and career growth

About Us

Kshema General Insurance Limited (Kshema) was established in 2018 and is India's only Digital Agri Insurance Company, catering to farmers/cultivators in the Agriculture sector. Kshema enables cultivators with resilience from financial distress due to extreme climate events and perils through localised insurance products. Kshema is leveraging Technology to provide cutting-edge insurance solutions to farmers.

Kshema has a pan-India presence with more than 500+ employees on roles, along with 500+ employees as contractors.

Experience: Minimum 15 years

Qualification: Fellowship/Associateship with all actuarial exams cleared (IAI/IFoA or equivalent)

Role Overview

As a Senior Actuary, you will leverage your deep technical expertise and leadership skills to:

• Design and review pricing strategies across motor, health, property, and commercial lines
• Lead reserving and valuation exercises to ensure accurate liability measurement
• Drive capital modeling (Solvency II/IRDAI norms) and reinsurance optimization
• Mentor and develop a high-performing team of actuarial analysts

Key Responsibilities

• Develop, validate, and maintain actuarial models (Prophet, Emblem, or equivalent)
• Perform annual and quarterly reserve analyses; propose adjustments based on emerging trends
• Partner with underwriting and finance teams to align pricing with risk appetite and profitability targets
• Oversee IRDAI filings, statutory valuations, and submission of actuarial reports
• Conduct experience studies and loss ratio analyses to refine assumptions
• Guide capital adequacy assessments and stress testing for regulatory compliance
• Present technical findings to C-suite stakeholders and the board

Qualifications & Skills

• Fellowship/Associateship with all professional actuarial exams completed (IAI/IFoA/Equivalent)
• Minimum 15 years of actuarial experience, ideally in pricing, reserving, or capital modeling
• Proficiency in actuarial and statistical tools: Prophet, R, Python, SAS, SQL
• Strong understanding of IRDAI regulations, solvency frameworks, and reinsurance structures
• Exceptional analytical, problem-solving, and communication skills
• Proven track record of influencing senior management and driving cross-functional initiatives

What We Offer

• Competitive compensation with performance-linked incentives
• Opportunity to lead strategic actuarial projects and influence business decisions
• Continuous learning through training, certifications, and industry conferences
• Collaborative work culture with a focus on innovation and career growth

About The Role 

Do you have career aspirations to be a Pricing Actuary in commercial General Insurance space – developing the product know-how and analytical skills vital to improve the profitability of a global Underwriting portfolio?

The "Pricing Actuary" is a standout colleague reporting into Lead Actuary Engineering within Actuarial Portfolio Management (APM) Unit to execute the portfolio goals by using data driven techniques.

You have good technical Actuarial skills and business understanding to effectively communicate the findings of your analysis to global partners. You demonstrate the highest level of behavioral attributes to be successful in a multi-cultural distributed team.

You must be using actuarial methods and techniques to help develop insight into portfolio and trends to set costing parameters for our in-house proprietary Engineering costing models, helping improve the predictability and accuracy of costing the model. You will have a direct impact in helping steer the profitability of your portfolio and ultimately the overall Business Unit's performance

Key responsibilities of the role include:

You are encouraged to act with a high level of team spirit, dedication and focus.

If you are eager to deploy your results-oriented approach and technical capabilities, to further develop your business understanding and support the ongoing development of the portfolio, work with insurance specialists and other functional partners around the world, you are the right person to join our highly motivated team.

About The Team 

We are a global fraternity of Actuaries spread across the globe in Bangalore, Munich, Zurich, Manchester, London, New York, Windsor and Kansas City. Our team comprises of qualified and student Actuaries who work on the largest portfolio for Swiss Re CorSo. We are part of the Underwriting Unit and report to the Chief Underwriting Officer (CUO).

We foster an inclusive culture that values diverse perspectives and innovative thinking, ensuring equal opportunities for professional development.

About you

About Swiss Re

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk

FuturePlan is the nation’s largest third-party administrator (TPA) of retirement plans, partnering with advisors in all 50 states. FuturePlan delivers the best of both worlds: high-touch personalized service from local TPAs backed by the strength and security of a large national firm, Ascensus. Our roots go back decades, with nearly 30 outstanding legacy firms now joined together to deliver unmatched levels of service, innovation and expertise to a fast-growing client base from coast to coast. The FuturePlan team includes more than 500 credentialed plan professionals, 60 actuaries, and one of the industry’s largest in-house ERISA teams. Learn more at FuturePlan.com.

Ascensus is looking for actuarial professionals who possess the technical expertise in US pensions that align with our commitment to delivering exceptional quality through a customer-centric approach. You’ll have an enriching experience collaborating with seasoned professionals and gaining invaluable insights and experience in the retirement industry. Our teams are empowered by our comprehensive study policy, designed to support your career journey in obtaining actuarial credentials through IAI, IFOA, SOA, and ASPPA. With our structured training programs, you will be well-prepared to integrate and manage Defined Benefit plans within broader retirement products and strategies across our organization.

Joining Ascensus means embracing a unique opportunity to grow professionally, having work-life balance, and a place you can bring your whole self to work every day. We look forward to welcoming you to contribute to our success and make a meaningful impact to our noble purpose – helping people save for those important miles stones in their lives. 

Roles & Responsibility:

Education and skill Requirement:

Be aware of employment fraud. All email addresses. We will never ask you for

FuturePlan is the nation’s largest third-party administrator (TPA) of retirement plans, partnering with advisors in all 50 states. FuturePlan delivers the best of both worlds: high-touch personalized service from local TPAs backed by the strength and security of a large national firm, Ascensus. Our roots go back decades, with nearly 30 outstanding legacy firms now joined together to deliver unmatched levels of service, innovation and expertise to a fast-growing client base from coast to coast. The FuturePlan team includes more than 500 credentialed plan professionals, 60 actuaries, and one of the industry’s largest in-house ERISA teams. Learn more at FuturePlan.com.

Ascensus is looking for actuarial professionals who possess the technical expertise in US pensions that align with our commitment to delivering exceptional quality through a customer-centric approach. You’ll have an enriching experience collaborating with seasoned professionals and gaining invaluable insights and experience in the retirement industry. Our teams are empowered by our comprehensive study policy, designed to support your career journey in obtaining actuarial credentials through IAI, IFOA, SOA, and ASPPA. With our structured training programs, you will be well-prepared to integrate and manage Defined Benefit plans within broader retirement products and strategies across our organization.

Joining Ascensus means embracing a unique opportunity to grow professionally, having work-life balance, and a place you can bring your whole self to work every day. We look forward to welcoming you to contribute to our success and make a meaningful impact to our noble purpose – helping people save for those important miles stones in their lives. 

Roles & Responsibility:

Education and skill Requirement:

Be aware of employment fraud. All email addresses. We will never ask you for

FuturePlan is the nation’s largest third-party administrator (TPA) of retirement plans, partnering with advisors in all 50 states. FuturePlan delivers the best of both worlds: high-touch personalized service from local TPAs backed by the strength and security of a large national firm, Ascensus. Our roots go back decades, with nearly 30 outstanding legacy firms now joined together to deliver unmatched levels of service, innovation and expertise to a fast-growing client base from coast to coast. The FuturePlan team includes more than 500 credentialed plan professionals, 60 actuaries, and one of the industry’s largest in-house ERISA teams. Learn more at FuturePlan.com.

Ascensus is looking for actuarial professionals who possess the technical expertise in US pensions that align with our commitment to delivering exceptional quality through a customer-centric approach. You’ll have an enriching experience collaborating with seasoned professionals and gaining invaluable insights and experience in the retirement industry. Our teams are empowered by our comprehensive study policy, designed to support your career journey in obtaining actuarial credentials through IAI, IFOA, SOA, and ASPPA. With our structured training programs, you will be well-prepared to integrate and manage Defined Benefit plans within broader retirement products and strategies across our organization.

Joining Ascensus means embracing a unique opportunity to grow professionally, having work-life balance, and a place you can bring your whole self to work every day. We look forward to welcoming you to contribute to our success and make a meaningful impact to our noble purpose – helping people save for those important miles stones in their lives. 

Roles & Responsibility:

Education and skill Requirement:

To facilitate growth of Value Added New Business (VANB) of the allocated clients by assisting in the development of organic growth from existing treaties and supporting the development of organic growth from existing treaties and supporting the development of profitable new reinsurance opportunities.

• To carry out effective portfolio management and profitability of nominated clients’ existing treaties.

• To enhance the overall business relationship with nominated current/potential clients

Your Role: 
1. Support the development and implementation of new business opportunities for treaty clients and potential clients, focusing strongly on opportunities that will enhance VANB for Munich Re in India.

2. Responsible for the overall client relationship for specified clients and work with other MR departments to ensure growth and profit contribution from specific clients

3. Be a Relationship Manager for several clients, identify business development opportunities and facilitate in meeting business targets

4. Supporting clients in New Business Initiatives: Conduct client workshops to understand client business philosophy and uncover client product related needs. Thereafter produce product recommendations and capital solutions for clients based on methodical and rigorous analysis.

5. Managing existing business: To monitor and manage clients’ treaty business including profitability and risk exposure. Focus on developing organic growth in existing treaties and rehabilitating loss making treaties.

6. Document reinsurance terms in quotation/treaties and facilitate final treaty negotiations.

7. Highlight the services and offerings Munich Re can provide and ensure MR is first choice partner for clients. Coordinate internally effectively to ensure maximum client satisfaction.

8. Liaise with regional counterparts to share information and expand service offerings to clients.

9. Promote Munich Re and its expertise through initiatives including presentations, seminars, client meetings, publications and surveys. Build individual and Munich Re India visibility in the market.

Your Profile:

1. A graduate degree in mathematical subject e.g. pure or applied mathematics, statistics, sciences, economics, finance (Essential) Fellow of Institute of Actuaries / Institute or Faculty of Actuaries in the UK or close to qualifying as Actuary from the stated institutes and relevant post qualification experience (Preferrable)

2. Excellent written and spoken English are required • 2. 5+ years of experience in Actuarial and related fields 

3. Ability to independently manage interactions with technical actuarial, underwriting and finance teams and regional stakeholders and external parties 

4. Superior interpersonal and time management skills 

5. A solutions-based approach with the ability for complex problem solving 

6. Strong analytical abilities including mathematical and statistical concepts 

7. Strong command of MS Office PowerPoint and Excel required 

8. Knowledge of data gathering and manipulation techniques and tools such as Access, SQL 

9. Willing to travel as needed 

0. Thorough knowledge products and regulations relating to Indian insurance industry

About Munich Re: Founded in 1880, Munich Re Group is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions. As pioneers in risk assessment, we drive the digital transformation of the global insurance landscape, expanding products and services as new forms of risk emerge. From space rocket launches to cyber- attacks, from high net worth individual life cover to pandemics, we take care of risks, so our clients can take care of their business. Across Asia Pacific, Middle East and Africa, we operate life and health and non-life reinsurance as well as primary insurance businesses, providing global career development opportunities and prospects to more than 1900 team members in 20 locations. We started supporting clients in the Indian market in 1951 and established our India Branch in Mumbai in 2017 to service the Non-Life and Life reinsurance markets in India, Sri Lanka and Bangladesh.

FuturePlan is the nation’s largest third-party administrator (TPA) of retirement plans, partnering with advisors in all 50 states. FuturePlan delivers the best of both worlds: high-touch personalized service from local TPAs backed by the strength and security of a large national firm, Ascensus. Our roots go back decades, with nearly 30 outstanding legacy firms now joined together to deliver unmatched levels of service, innovation and expertise to a fast-growing client base from coast to coast. The FuturePlan team includes more than 500 credentialed plan professionals, 60 actuaries, and one of the industry’s largest in-house ERISA teams. Learn more at FuturePlan.com.

Ascensus is looking for actuarial professionals who possess the technical expertise in US pensions that align with our commitment to delivering exceptional quality through a customer-centric approach. You’ll have an enriching experience collaborating with seasoned professionals and gaining invaluable insights and experience in the retirement industry. Our teams are empowered by our comprehensive study policy, designed to support your career journey in obtaining actuarial credentials through IAI, IFOA, SOA, and ASPPA. With our structured training programs, you will be well-prepared to integrate and manage Defined Benefit plans within broader retirement products and strategies across our organization.

Joining Ascensus means embracing a unique opportunity to grow professionally, having work-life balance, and a place you can bring your whole self to work every day. We look forward to welcoming you to contribute to our success and make a meaningful impact to our noble purpose – helping people save for those important miles stones in their lives. 

Roles & Responsibility:

Education and skill Requirement: