144 Insurance Actuary jobs in India
Lead Insurance Actuary
160022 Chandigarh, Chandigarh
₹1800000 Annually
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Posted 3 days ago
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Job Description
Our client, a globally recognized insurance provider, is expanding its remote capabilities and is seeking an experienced Lead Insurance Actuary to join their innovative team. This fully remote position is crucial for developing and refining actuarial models that drive strategic business decisions. You will be at the forefront of risk assessment, pricing, and reserving for a diverse portfolio of insurance products. This role demands a blend of technical expertise, strategic thinking, and leadership, with the flexibility of a remote-first work environment.
Responsibilities:
Responsibilities:
- Lead the development, implementation, and validation of complex actuarial models for pricing, reserving, and capital management across various lines of insurance business.
- Analyze and interpret large datasets to identify emerging trends, assess risks, and provide strategic recommendations.
- Ensure the accuracy and integrity of actuarial data and calculations.
- Collaborate with underwriting, claims, and product development teams to support business objectives.
- Stay current with industry regulations, emerging risks, and best practices in actuarial science.
- Mentor and guide junior actuaries, fostering a culture of continuous learning and technical excellence.
- Prepare comprehensive reports and presentations for senior management and regulatory bodies.
- Contribute to the development and enhancement of actuarial software and tools.
- Manage multiple projects simultaneously, ensuring timely and accurate delivery of results in a remote setting.
- Proactively identify opportunities for process improvements and innovative solutions.
- Fellow of the Actuarial Society (FAS) or equivalent international designation.
- Minimum of 7 years of progressive experience in the insurance industry, with a strong focus on actuarial analysis.
- Proven track record in leading actuarial projects and teams.
- Expertise in actuarial modeling software (e.g., Prophet, MoSes, R, Python) and database management.
- In-depth understanding of life, health, or general insurance products and regulations.
- Exceptional analytical, problem-solving, and decision-making skills.
- Strong communication and presentation skills, with the ability to convey complex information clearly.
- Demonstrated ability to work effectively and autonomously in a remote work environment.
- Experience with Solvency II or other regulatory frameworks is a plus.
- Commitment to professional development and ethical conduct.
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Senior Insurance Actuary
302001 Jaipur, Rajasthan
₹160000 Annually
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Posted 18 days ago
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Job Description
Our client is seeking a highly analytical and experienced Senior Insurance Actuary to join their esteemed team in a fully remote capacity. This role is critical for assessing and managing financial risks within the insurance industry, ensuring the company's solvency and profitability. The ideal candidate will possess a strong quantitative background, advanced actuarial qualifications (Fellow or near-Fellow of a recognized actuarial society), and extensive experience in insurance product pricing, reserving, and financial modeling. You will be responsible for developing, implementing, and maintaining actuarial models to evaluate risk, set premium rates, and determine policy reserves. This includes analyzing vast datasets, performing complex statistical calculations, and projecting future liabilities and assets. Staying abreast of evolving regulatory requirements (e.g., IRDAI regulations), market trends, and emerging risks is paramount. Responsibilities include collaborating with underwriters, product development teams, and finance departments to provide expert advice on risk management strategies and product design. You will also play a key role in capital modeling, solvency assessments, and financial planning. Proficiency with actuarial software (e.g., Prophet, ResQ, GGY Axis) and programming languages (e.g., R, Python, SQL) is highly desirable. This is an exceptional opportunity for a seasoned actuary to leverage their expertise in a flexible, remote-first environment, contributing significantly to the financial health and strategic direction of the company. The role demands a meticulous approach to data analysis and a deep understanding of insurance principles.
Key Responsibilities:
Qualifications:
Key Responsibilities:
- Develop, implement, and maintain actuarial models for pricing, reserving, and financial projections.
- Analyze insurance data to assess risks and identify trends.
- Determine appropriate premium rates and ensure competitive pricing.
- Calculate and set statutory and GAAP reserves.
- Perform capital modeling and solvency assessments.
- Collaborate with product development teams on new insurance products.
- Provide actuarial insights to support strategic business decisions.
- Stay current with actuarial standards of practice and regulatory requirements.
- Mentor and guide junior actuaries and analysts.
- Communicate complex actuarial concepts to non-actuarial stakeholders.
Qualifications:
- Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- Fellow or near-Fellow designation from a recognized actuarial society (e.g., FIAA, FSA, FIA).
- Minimum of 7 years of progressive experience in the insurance industry, focusing on actuarial functions.
- Proven expertise in life, health, or general insurance product pricing and reserving.
- Strong knowledge of actuarial software and statistical modeling techniques.
- Proficiency in programming languages such as R, Python, or SQL is highly preferred.
- Excellent analytical, problem-solving, and critical thinking skills.
- Strong communication, presentation, and interpersonal skills.
- Ability to work independently and manage multiple projects in a remote setting.
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1
Senior Health Insurance Actuary
695001 Thiruvananthapuram, Kerala
₹1500000 Annually
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Posted 22 days ago
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Job Description
Our client, a leading innovator in the health insurance sector, is searching for a highly skilled Senior Health Insurance Actuary to join their expanding remote team. This pivotal role will involve leveraging advanced actuarial techniques to assess risk, price health insurance products, and ensure financial stability for the organization. You will be instrumental in developing pricing models, reserving methodologies, and forecasting future financial performance related to health insurance portfolios. This position demands a rigorous analytical mindset, meticulous attention to detail, and a comprehensive understanding of healthcare economics and regulatory environments. You will collaborate with underwriting, claims, product development, and finance departments to provide critical actuarial insights that drive strategic business decisions. Key responsibilities include analyzing healthcare cost trends, evaluating the impact of new medical technologies, and projecting liabilities. The successful candidate will also be responsible for communicating complex actuarial findings to senior management and regulatory bodies in a clear and concise manner. As a fully remote employee, you will need to be self-motivated, highly organized, and possess excellent virtual collaboration skills. A strong commitment to professional development and staying current with industry best practices is essential. This is an unparalleled opportunity to make a significant impact on the future of health insurance and contribute to the financial health of a forward-thinking company. We seek individuals who are not only technically proficient but also possess the leadership qualities to mentor junior actuaries and contribute to a culture of excellence and innovation. Your work will directly influence product strategy, risk management, and long-term profitability.
Responsibilities:
Responsibilities:
- Develop, implement, and maintain pricing models for various health insurance products.
- Conduct reserve analyses and projections for health insurance liabilities.
- Analyze healthcare utilization and cost trends to inform pricing and reserving.
- Perform financial forecasting and solvency testing.
- Collaborate with underwriting, claims, and product development teams to provide actuarial support.
- Communicate complex actuarial results to non-actuarial stakeholders and senior management.
- Stay abreast of regulatory changes and their impact on the health insurance market.
- Mentor and guide junior actuarial staff.
- Contribute to the development of new health insurance products and strategies.
- Ensure compliance with all relevant actuarial standards and regulations.
- Associate or Fellow of the Society of Actuaries (ASA/FSA) or equivalent designation.
- Minimum of 5-7 years of actuarial experience, with a significant focus on health insurance.
- Strong knowledge of statistical modeling, pricing methodologies, and reserving techniques.
- Proficiency in actuarial software and programming languages (e.g., SQL, R, Python, SAS).
- Excellent analytical, problem-solving, and critical thinking skills.
- Exceptional written and verbal communication abilities.
- Proven ability to manage multiple projects and meet deadlines in a remote environment.
- Experience with healthcare data and analytics is highly desirable.
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2
Senior Insurance Actuary - Product Development
411001 Pune, Maharashtra
₹160000 Monthly
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Posted 21 days ago
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Job Description
Our client, a leading insurer, is seeking an accomplished Senior Insurance Actuary to join their Product Development team in a fully remote capacity. This critical role will involve pricing new insurance products, conducting profitability analysis, and developing sophisticated actuarial models across various lines of business. You will work closely with underwriting, product management, and finance teams to create innovative and competitive insurance solutions. The ideal candidate will possess strong analytical skills, a deep understanding of actuarial principles, and a proven ability to translate complex data into actionable business strategies.
Key Responsibilities:
Key Responsibilities:
- Price new insurance products and conduct thorough profitability studies.
- Develop and maintain actuarial models for pricing, reserving, and forecasting.
- Analyze market trends and competitive landscapes to inform product strategy.
- Collaborate with product managers and underwriters to design and refine insurance products.
- Perform experience studies (e.g., mortality, lapse, expense) to validate pricing assumptions.
- Develop and implement robust reserve calculations and methodologies.
- Prepare actuarial reports and present findings and recommendations to senior management.
- Ensure compliance with regulatory requirements and professional standards.
- Mentor and guide junior actuaries and actuarial students.
- Contribute to the development of actuarial tools and databases.
- Support the implementation of new insurance products and monitor their performance.
- Stay abreast of industry developments, regulatory changes, and emerging risks.
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- Fellow of the Actuarial Society (FAS/FIA/FSA) or equivalent designation.
- Minimum of 8 years of progressive experience in the insurance industry, with a focus on actuarial pricing and product development.
- Extensive experience with life, health, or general insurance products.
- Proficiency in actuarial modeling software (e.g., Prophet, Moses, GGY Axis) and programming languages (e.g., Python, R, SQL).
- Strong analytical, problem-solving, and critical thinking skills.
- Excellent communication, presentation, and interpersonal skills.
- Proven ability to manage projects and work effectively in a remote team environment.
- Detail-oriented with a strong commitment to accuracy and data integrity.
- Understanding of regulatory frameworks and compliance requirements in the insurance sector.
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3
Senior Insurance Actuary - Pricing and Modeling
302001 Jaipur, Rajasthan
₹2500000 Annually
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Posted 22 days ago
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Job Description
Our client, a highly reputable global insurance provider, is seeking to hire a Senior Insurance Actuary specializing in Pricing and Modeling for their fully remote team. This critical role will involve developing, implementing, and maintaining sophisticated actuarial models for pricing new and existing insurance products, assessing risk, and ensuring regulatory compliance. The successful candidate will possess advanced analytical skills, deep knowledge of actuarial principles, and a proven ability to translate complex data into strategic business decisions. This is an excellent opportunity for a motivated actuary to contribute to a leading insurer’s success while enjoying the flexibility of a remote work arrangement.
Responsibilities:
Responsibilities:
- Develop, validate, and implement pricing models for various lines of insurance (e.g., life, health, property & casualty).
- Perform rate filings and interact with regulatory bodies to ensure compliance.
- Conduct sophisticated analysis of insurance data to identify trends, risks, and opportunities for portfolio optimization.
- Develop and maintain reserving methodologies and models.
- Collaborate with product development teams to design profitable and competitive insurance products.
- Analyze the impact of economic factors, market trends, and regulatory changes on pricing and profitability.
- Support the actuarial team with data extraction, manipulation, and analysis using advanced tools.
- Mentor and provide technical guidance to junior actuaries and analysts.
- Present complex actuarial findings and recommendations to senior management and other stakeholders.
- Contribute to the continuous improvement of actuarial processes and systems.
- Fellowship (FSA, FIA, FCAS) or near-Fellowship in a recognized actuarial society.
- Minimum of 6 years of relevant actuarial experience in the insurance industry, with a strong emphasis on pricing and modeling.
- Proficiency in actuarial modeling software (e.g., Emblem, Radar, GGY Axis) and programming languages (e.g., Python, R, SQL).
- Strong understanding of statistical modeling, risk management, and financial reporting standards (e.g., IFRS 17).
- Excellent analytical, problem-solving, and critical thinking skills.
- Ability to communicate complex technical concepts clearly and concisely to both actuarial and non-actuarial audiences.
- Demonstrated ability to manage multiple projects and meet tight deadlines in a remote work environment.
- Proactive and detail-oriented with a strong commitment to accuracy.
- Experience with cloud-based actuarial platforms is a plus.
- Proven ability to work independently and as part of a collaborative, geographically dispersed team.
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4
Remote Senior Insurance Actuary - Pricing and Analytics
226001 Lucknow, Uttar Pradesh
₹150000 Annually
WhatJobs
Posted 13 days ago
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Job Description
Our client is a leading insurance provider seeking a highly qualified and experienced Senior Insurance Actuary to join our fully remote actuarial team. This role is pivotal in developing and refining pricing models, analyzing risk, and driving strategic decisions across our product lines. You will leverage advanced analytical techniques and actuarial software to assess insurance liabilities, forecast future trends, and ensure the profitability and solvency of the company. This position requires a deep understanding of actuarial science, statistical modeling, and the insurance market. You will collaborate closely with underwriting, product development, and finance departments. Responsibilities include:
- Developing, implementing, and maintaining pricing models for various insurance products (e.g., life, health, property & casualty).
- Performing actuarial valuations, reserving calculations, and financial projections.
- Analyzing claims data, identifying trends, and assessing underlying risk factors.
- Conducting profitability analysis and recommending strategies to improve financial performance.
- Assisting in the development of new insurance products and features.
- Ensuring compliance with regulatory requirements and industry standards.
- Collaborating with IT and data science teams to enhance data infrastructure and analytical capabilities.
- Presenting actuarial findings and recommendations to senior management and stakeholders.
- Mentoring junior actuaries and supporting their professional development.
- Staying current with advancements in actuarial techniques, software, and regulatory changes.
- Performing peer reviews of actuarial work and ensuring quality control.
- This role is fully remote, requiring strong self-discipline, excellent virtual communication skills, and the ability to work independently from any approved location.
- Fully credentialed Actuary (e.g., Fellow of the Institute of Actuaries or equivalent).
- 7+ years of actuarial experience in the insurance industry.
- Proven expertise in pricing, reserving, and financial modeling.
- Proficiency with actuarial software (e.g., Prophet, R, Python, SQL).
- Strong understanding of insurance regulations and compliance requirements.
- Excellent analytical, quantitative, and problem-solving skills.
- Exceptional written and verbal communication skills, with the ability to explain complex technical concepts clearly.
- Demonstrated leadership and mentoring capabilities.
- Ability to manage multiple projects and meet deadlines in a remote work environment.
- Experience in specific lines of insurance (e.g., life, health, P&C) as relevant to the client's needs.
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5
Senior Insurance Product Actuary
641001 Coimbatore, Tamil Nadu
₹1700000 Annually
WhatJobs
Posted 1 day ago
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Job Description
Our client, a reputable and innovative insurance provider, is seeking a highly qualified Senior Insurance Product Actuary to join their fully remote actuarial team. This role is instrumental in the development, pricing, and ongoing management of profitable insurance products across various lines of business. You will leverage your deep actuarial expertise, sophisticated modeling skills, and keen market understanding to design innovative products that meet customer needs while ensuring financial soundness for the company. As a remote-first organization, we seek self-starters with excellent analytical capabilities and strong communication skills to excel in this dynamic environment.
Responsibilities:
Responsibilities:
- Lead the design, development, and pricing of new insurance products, ensuring profitability, competitiveness, and compliance with regulatory requirements.
- Conduct thorough analysis of market trends, competitor offerings, and customer data to identify product opportunities.
- Develop and implement sophisticated actuarial models for pricing, reserving, and profitability analysis.
- Perform experience studies to analyze mortality, morbidity, lapse rates, and other relevant factors.
- Collaborate with underwriting, product development, marketing, and claims departments to ensure product success.
- Prepare clear and concise reports and presentations for senior management, regulators, and other stakeholders.
- Ensure adherence to all relevant insurance regulations and solvency requirements.
- Mentor and guide junior actuaries and analysts within the team.
- Stay abreast of emerging actuarial techniques, tools, and industry best practices.
- Contribute to the strategic planning and long-term vision of the product actuarial function.
- Fellow of the Actuarial Society (FSA) or equivalent international designation.
- Minimum of 7 years of experience in actuarial roles within the insurance industry, with a focus on product development and pricing.
- Proven expertise in life, health, or general insurance product design and pricing methodologies.
- Strong proficiency in actuarial software and modeling tools (e.g., Prophet, R, Python, SQL).
- Excellent analytical, quantitative, and problem-solving skills.
- Demonstrated ability to interpret complex data and translate it into actionable insights.
- Exceptional written and verbal communication skills, with the ability to present technical information to diverse audiences.
- Highly organized, detail-oriented, and capable of managing multiple projects simultaneously in a remote setting.
- Understanding of insurance regulations and compliance frameworks.
- Proactive, self-motivated, and a strong team player.
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Senior Insurance Product Development Actuary
248007 Dehradun, Uttarakhand
₹1400000 Annually
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Posted 11 days ago
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Job Description
Our client, a forward-thinking insurance provider, is actively seeking a highly skilled and experienced Senior Insurance Product Development Actuary to join our esteemed team. This is a fully remote position, offering the flexibility to contribute your actuarial expertise from anywhere. You will be instrumental in the design, development, pricing, and implementation of innovative insurance products across various lines of business. This role requires a deep understanding of actuarial principles, regulatory requirements, product design, and market dynamics. You will collaborate with product management, underwriting, claims, and marketing teams to ensure our products are competitive, profitable, and compliant.
Key Responsibilities:
Qualifications:
This fully remote role, accessible to professionals residing in or near Dehradun, Uttarakhand, IN , presents an exciting opportunity to shape the future of insurance product innovation.
Key Responsibilities:
- Lead the development and refinement of new insurance products, from concept to launch.
- Perform complex actuarial analysis, including pricing, reserving, and profitability studies for new and existing products.
- Develop and maintain actuarial models and assumptions using appropriate software.
- Ensure product designs and pricing comply with all relevant state and federal regulations.
- Collaborate with product managers to define product features, benefits, and target markets.
- Work closely with underwriting and claims departments to align product strategies with operational capabilities.
- Prepare actuarial reports and present findings and recommendations to senior management.
- Monitor the performance of existing products and recommend adjustments as needed.
- Mentor and guide junior actuaries and analysts.
- Stay abreast of industry trends, emerging risks, and competitive landscape.
- Contribute to the development and maintenance of actuarial best practices and standards.
- Support the implementation of new actuarial software and methodologies.
Qualifications:
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- Fellow of the Society of Actuaries (FSA) or Casualty Actuarial Society (CAS) designation required.
- Minimum of 7 years of actuarial experience, with a strong focus on product development and pricing.
- Proven experience in designing, pricing, and launching successful insurance products.
- Proficiency in actuarial modeling software (e.g., Prophet, R, Python, SQL).
- Strong understanding of insurance regulations and compliance requirements.
- Excellent analytical, problem-solving, and critical thinking skills.
- Exceptional communication and presentation skills, with the ability to explain complex actuarial concepts clearly.
- Ability to manage multiple projects and meet deadlines effectively.
- Experience working in a remote team environment is beneficial.
This fully remote role, accessible to professionals residing in or near Dehradun, Uttarakhand, IN , presents an exciting opportunity to shape the future of insurance product innovation.
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7
Principal Actuary - Life Insurance
201301 Noida, Uttar Pradesh
₹2000000 Annually
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Posted today
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Job Description
Our client, a leading insurance provider, is seeking a highly experienced Principal Actuary to join their esteemed team in Noida, Uttar Pradesh . This senior role is critical in developing and implementing complex actuarial models and analyses to support product development, pricing, reserving, and risk management for life insurance products. You will be responsible for leading actuarial projects, mentoring junior actuaries, and ensuring compliance with regulatory requirements. The ideal candidate will possess exceptional analytical skills, a deep understanding of actuarial principles, and a proven track record of success in the insurance industry.
Key Responsibilities:
Key Responsibilities:
- Lead the development and validation of actuarial models for pricing, reserving, and financial projections.
- Perform complex financial analyses and sensitivity testing to assess risk and profitability.
- Ensure compliance with Indian regulatory requirements (IRDAI) and accounting standards.
- Develop and implement pricing strategies for new and existing life insurance products.
- Manage the valuation of liabilities and the calculation of reserves.
- Provide actuarial insights and recommendations to senior management.
- Mentor and guide junior actuaries and analysts.
- Collaborate with other departments, including Underwriting, Product Development, and Finance.
- Stay abreast of industry trends, regulatory changes, and new actuarial methodologies.
- Contribute to strategic planning and business development initiatives.
- Fellow of the Institute of Actuaries of India (FIAI) or equivalent international qualification.
- Minimum of 10 years of post-qualification actuarial experience in the life insurance sector.
- Extensive experience in pricing, reserving, and financial modeling for life insurance products.
- Proficiency in actuarial software and programming languages (e.g., Prophet, R, Python).
- Strong understanding of risk management principles and Solvency II or similar regulatory frameworks.
- Excellent analytical, problem-solving, and decision-making skills.
- Exceptional communication and presentation abilities, with the capacity to explain complex concepts to non-actuarial stakeholders.
- Demonstrated leadership and project management capabilities.
- Experience with IFRS 17 implementation is a significant advantage.
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8
Principal Actuary - Life Insurance
248001 Dehradun, Uttarakhand
₹2500000 Annually
WhatJobs
Posted 11 days ago
Job Viewed
Job Description
Our client is seeking a highly accomplished and credentialed Principal Actuary to lead critical actuarial functions for their life insurance operations, based remotely and serving clients globally. This pivotal role demands a strategic thinker with extensive experience in life insurance product development, pricing, valuation, and risk management. You will be instrumental in shaping the company's financial strategy, ensuring solvency, and driving profitability through sophisticated actuarial analysis. The Principal Actuary will mentor a team of actuaries, guide complex modeling initiatives, and present findings to executive leadership. This position requires an in-depth understanding of regulatory environments, statistical modeling, and financial risk assessment within the insurance industry.
Key Responsibilities:
Key Responsibilities:
- Develop and price new life insurance products, ensuring competitiveness and profitability.
- Perform actuarial valuations for statutory, GAAP, and IFRS reporting.
- Manage and analyze insurance risks, developing strategies for mitigation.
- Build, maintain, and enhance complex actuarial models for pricing, reserving, and forecasting.
- Oversee and contribute to the development of the actuarial team, providing mentorship and technical guidance.
- Collaborate with finance, product development, and risk management teams to align strategies.
- Stay current with industry trends, regulatory changes, and best practices in actuarial science.
- Perform due diligence for mergers and acquisitions.
- Present complex actuarial findings and recommendations to senior management and board committees.
- Ensure compliance with all relevant actuarial standards and regulatory requirements.
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