431 Insurance Consultant jobs in India
Principal Actuary - Life Insurance Products
Posted 13 days ago
Job Viewed
Job Description
Responsibilities:
- Lead the design, development, and pricing of new life insurance products.
- Conduct in-depth market research and competitor analysis to identify product opportunities.
- Develop sophisticated financial models for pricing, reserving, and forecasting.
- Ensure product profitability and solvency by setting appropriate premiums and reserves.
- Collaborate with underwriting to establish risk assessment guidelines.
- Work with actuarial teams to conduct experience studies and recommend adjustments.
- Ensure compliance with all relevant insurance regulations and accounting standards.
- Present actuarial findings and recommendations to senior management.
- Mentor and guide junior actuaries and analysts.
- Stay abreast of industry trends, emerging risks, and new actuarial techniques.
Qualifications:
- Fellowship in a recognized Actuarial Society (e.g., FIA, FSA, FCAS) or equivalent.
- Minimum of 10 years of progressive experience in actuarial roles within the life insurance sector.
- Extensive experience in product development, pricing, and financial modeling.
- Deep understanding of life insurance products, markets, and regulatory environments.
- Proficiency in actuarial software and programming languages (e.g., Prophet, Moses, R, Python).
- Strong analytical, problem-solving, and critical thinking skills.
- Excellent communication and presentation skills, with the ability to explain complex concepts clearly.
- Proven leadership and team management capabilities.
Join our client's esteemed actuarial team and play a pivotal role in shaping the future of life insurance. This is a hybrid position based in Hyderabad, Telangana, IN .
Lead Actuary - Innovative Insurance Products
Posted 22 days ago
Job Viewed
Job Description
- Leading the design, pricing, and implementation of new insurance products across various lines of business.
- Developing and maintaining actuarial models for risk assessment, pricing, and reserving.
- Analyzing market trends and competitor activities to identify opportunities for product innovation.
- Ensuring compliance with all relevant regulatory requirements and solvency standards.
- Collaborating with cross-functional teams to refine product features and marketing strategies.
- Performing financial projections and profitability analyses for new and existing products.
- Mentoring and guiding junior actuaries and analysts.
- Communicating complex actuarial concepts to stakeholders with varying levels of technical expertise.
- Continuously evaluating and improving actuarial methodologies and tools.
- Contributing to the strategic planning of the company's product roadmap.
- Associate or Fellow of the Casualty Actuarial Society (ACAS/FCAS) or equivalent professional actuarial qualification.
- Minimum of 7 years of progressive experience in the insurance industry, with a strong focus on product development and pricing.
- Proficiency in actuarial modeling software and techniques.
- Excellent analytical, problem-solving, and critical thinking skills.
- Strong understanding of insurance regulations and financial reporting.
- Exceptional communication, presentation, and leadership abilities.
- Proven ability to work independently and manage multiple complex projects in a remote setting.
- Experience with data analysis tools and techniques is a plus.
Senior Actuarial Analyst - Life Insurance Products
Posted 4 days ago
Job Viewed
Job Description
Key duties involve designing new insurance products, calculating premiums and reserves, and ensuring compliance with regulatory requirements. You will analyze market trends and competitor offerings to inform product strategy and identify opportunities for innovation. The Senior Actuarial Analyst will collaborate closely with product development, underwriting, and marketing teams to bring new products to market. This role requires a strong understanding of actuarial principles, statistical methods, and insurance mathematics. Proficiency in actuarial software and programming languages (e.g., Prophet, GGY Axis, SQL, Python) is essential. The ideal candidate will have passed several actuarial exams or hold an actuarial designation, with a minimum of 5-7 years of experience in life insurance actuarial functions. Exceptional analytical, problem-solving, and communication skills are paramount, as you will be required to present complex actuarial findings to various stakeholders. This is an excellent opportunity for a talented actuarial professional to make a significant impact on product strategy and financial performance within a leading insurance company, all while enjoying the benefits of remote work. If you are passionate about the insurance industry and possess a strong quantitative background, we encourage you to apply.
Senior Actuarial Analyst - Life Insurance Products
Posted 5 days ago
Job Viewed
Job Description
Qualifications:
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- Associate or Fellow designation from a recognized actuarial society (e.g., IAI, SOA, CAS).
- Minimum of 5 years of actuarial experience, with a focus on life insurance.
- Proficiency in actuarial software and modeling tools (e.g., Prophet, GGY Axis).
- Strong understanding of life insurance products, pricing methodologies, and reserving principles.
- Experience with regulatory requirements and compliance in the insurance industry.
- Excellent analytical, problem-solving, and quantitative skills.
- Strong programming skills (e.g., SQL, Python, R) are a plus.
- Effective communication and presentation skills, with the ability to explain complex concepts to non-actuaries.
- Detail-oriented with a commitment to accuracy and quality.
- Ability to work independently and collaboratively in a team environment.
Senior Actuarial Analyst - Life Insurance Products
Posted 5 days ago
Job Viewed
Job Description
Responsibilities:
- Develop and maintain actuarial models for pricing new and existing life insurance products, ensuring competitive positioning and profitability.
- Perform regular experience studies (morbidity, mortality, lapse rates) to inform pricing assumptions and monitor product performance.
- Conduct asset-liability management (ALM) analysis to ensure the financial stability and risk mitigation of insurance liabilities.
- Assist in the preparation of statutory and regulatory financial statements, ensuring compliance with all relevant guidelines.
- Collaborate with underwriting, marketing, product development, and finance teams to provide actuarial insights and support strategic initiatives.
- Perform ad-hoc analysis and financial projections to support business decision-making.
- Contribute to the development and implementation of new actuarial software and tools.
- Mentor and guide junior actuarial staff, fostering their professional development.
- Stay current with industry trends, regulatory changes, and emerging risks relevant to the life insurance sector.
- Communicate complex actuarial concepts and results clearly and concisely to both technical and non-technical audiences.
- Assist in the valuation of insurance reserves and embedded value calculations.
- Participate in the design and testing of new product features and enhancements.
- Support the development of risk management frameworks and capital modeling initiatives.
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or a related quantitative field.
- Progress towards or completion of actuarial exams (e.g., ACET, FSA, FIA) is highly desirable.
- Minimum of 5 years of actuarial experience in the life insurance industry.
- Strong proficiency in actuarial modeling software (e.g., Prophet, ALFA) and data analysis tools (e.g., SQL, R, Python).
- Excellent understanding of life insurance products, principles, and regulatory requirements.
- Demonstrated experience in pricing, reserving, or financial modeling for life insurance.
- Advanced analytical and problem-solving skills, with meticulous attention to detail.
- Strong communication and interpersonal skills, enabling effective collaboration in a remote setting.
- Ability to manage multiple projects simultaneously and meet strict deadlines.
- Proficiency in Microsoft Excel and PowerPoint.
- Experience with data visualization tools is a plus.
Senior Actuarial Analyst - Life Insurance Products
Posted 13 days ago
Job Viewed
Job Description
Key Responsibilities:
- Develop, implement, and maintain actuarial models for pricing new life insurance products and reviewing existing ones.
- Perform complex reserving calculations in compliance with regulatory requirements (e.g., IRDAI guidelines).
- Analyze mortality, morbidity, and lapse data to inform product development and risk assessment.
- Conduct profitability analysis and sensitivity testing for various product lines.
- Assist in the preparation of regulatory filings and statutory financial statements.
- Collaborate with product development, underwriting, claims, and finance teams to provide actuarial insights.
- Stay updated on industry trends, new regulations, and best practices in actuarial science.
- Contribute to the enhancement of actuarial systems and processes.
- Support internal and external audits of actuarial data and methodologies.
- Mentor junior actuarial staff and provide technical guidance.
- Prepare clear and concise reports and presentations for management and stakeholders.
- Passed at least 5 actuarial examinations from a recognized professional actuarial body (e.g., Institute of Actuaries of India, SOA, CAS).
- Minimum of 5 years of experience in the life insurance industry, with a focus on pricing and reserving.
- Strong analytical and quantitative skills, with proficiency in actuarial software and tools (e.g., Prophet, ALDONZA, R, Python, SQL).
- Excellent understanding of life insurance products, regulations, and financial reporting.
- Proficiency in Microsoft Excel and other relevant software.
- Strong communication and interpersonal skills, with the ability to explain complex concepts to non-actuaries.
- Ability to work independently and as part of a team in a hybrid work environment.
- Detail-oriented with a strong commitment to accuracy and quality.
Remote Senior Actuarial Analyst, Life Insurance Products
Posted 14 days ago
Job Viewed
Job Description
Responsibilities:
- Develop, implement, and maintain actuarial models for pricing, reserving, and forecasting.
- Analyze financial data to assess the profitability and solvency of life insurance products.
- Assist in the design and pricing of new life insurance products.
- Perform reserve calculations and ensure adequacy of reserves.
- Evaluate capital requirements and risk exposure.
- Support financial planning and strategic decision-making with actuarial insights.
- Collaborate with underwriting, product development, and finance teams.
- Ensure compliance with regulatory requirements and actuarial standards.
- Mentor junior actuarial staff and review their work.
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- Minimum of 5 years of actuarial experience, with a focus on life insurance.
- Progress towards or completion of actuarial designations (e.g., ACAS, FCAS, ASA, FSA) is required.
- Proficiency in actuarial software (e.g., Prophet, GGY Axis) and programming languages (e.g., R, Python, SQL).
- Strong analytical, problem-solving, and statistical modeling skills.
- Excellent written and verbal communication skills, with the ability to explain complex concepts.
- Experience working in a remote environment is essential.
- Detail-oriented and highly organized.
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Oracle Health Insurance Implementation Consultant
Posted 2 days ago
Job Viewed
Job Description
Intermediate consulting position operating independently with some assistance and guidance to provide quality work products to a project team or customer that align with Oracle methodologies and practices. Performs standard duties and tasks with some variation to implement Oracle products and technology to meet customer specifications. Standard assignments are accomplished without assistance by exercising independent judgment, within defined policies and processes, to deliver functional and technical solutions on moderately complex customer engagements. 2-5 years of overall experience in relevant functional or technical roles. Undergraduate degree or equivalent experience. Product or technical expertise relevant to practice focus. Ability to communicate effectively and build rapport with team members and clients. Ability to travel as needed.
Career Level - IC2
**Responsibilities**
Oracle Financial Services is a world leader in providing IT solutions to the Financial Services industry. Oracle's customers include ten of the top ten Global Banks, ten of the top ten Insurance companies, ten of the top ten Securities firms, five of the top five Mutual Fund companies and four of the top five World Stock Exchanges.
With the experience of delivering value-based IT solutions to over 840 financial institutions in over 130 countries, Oracle FInancial Services understands the specific challenges that financial institutions face: the need for building customer intimacy and competitive advantage through cost-effective solutions while, simultaneously, adhering to the stringent demands of a dynamic regulatory environment. Our solutions have the world's most comprehensive and contemporary banking applications and provide a technology footprint that addresses their complex IT and business requirements
Oracle Health Insurance (OHI) is Oracle's innovative product to automate the core administration of health insurance companies. OHI is used by our customers in multiple countries worldwide including the Netherlands, United States, South America and Africa.
OHI Consulting under Oracle Financial Services delivers Oracle Technology and Applications solutions to clients globally. The service offerings include Application Implementation, Managed Services and Customization development services for Oracle Health Insurance products and components.
**Job Description**
Activities in OHI Consulting Development or Implementation or Managed Service activity streams as n OHI Implementation Consultant
**Roles & Responsibilities include**
+ Design, Configure, test, debug, and maintain implementation projects of the OHI products
+ Collaborate with other team members on assignments
+ Estimate tasks and meet breakthroughs and deadlines appropriately
+ Report progress on tasks and projects
+ Mentor junior team members
+ Understand and improve consulting standard processes
+ Strive for continuous improvement of Implementation Process & standards
**Essential Skills**
+ Implementation consulting experience in Health Insurance domain and / or Application implementation experience
+ Familiar with Oracle tech stack (Java, Groovy, SQL)
+ Experience with Webservices (RESTful) integration development work and/or data migration
+ Development skills with Oracle Application server and Database
+ Knowledge of other Oracle applications such as Fusion Financials / Documaker / Workflow / document management will be an advantage
**Preferred Skills**
+ Domain knowledge of Health Insurance
+ Previous work experience on direct customer exposure and Application implementation work
+ Prior experience of working in remote teams
+ Technical skills for integration, data migration and OHI dynamic logic configuration
+ Prior knowledge and experience on areas such as Cloud, deployment, Devops, Automation tooling etc.
**Self-Assessment Questions**
Do you have relevant experience in Health Insurance?
Do you have implementation experience with Health Insurance application?
Have you worked on any one of the module such as Policy/Claims/billing?
Career Level - IC2
**About Us**
As a world leader in cloud solutions, Oracle uses tomorrow's technology to tackle today's challenges. We've partnered with industry-leaders in almost every sector-and continue to thrive after 40+ years of change by operating with integrity.
We know that true innovation starts when everyone is empowered to contribute. That's why we're committed to growing an inclusive workforce that promotes opportunities for all.
Oracle careers open the door to global opportunities where work-life balance flourishes. We offer competitive benefits based on parity and consistency and support our people with flexible medical, life insurance, and retirement options. We also encourage employees to give back to their communities through our volunteer programs.
We're committed to including people with disabilities at all stages of the employment process. If you require accessibility assistance or accommodation for a disability at any point, let us know by emailing or by calling in the United States.
Oracle is an Equal Employment Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veterans' status, or any other characteristic protected by law. Oracle will consider for employment qualified applicants with arrest and conviction records pursuant to applicable law.
Oracle Health Insurance Implementation Consultant
Posted 2 days ago
Job Viewed
Job Description
Intermediate consulting position operating independently with some assistance and guidance to provide quality work products to a project team or customer that align with Oracle methodologies and practices. Performs standard duties and tasks with some variation to implement Oracle products and technology to meet customer specifications. Standard assignments are accomplished without assistance by exercising independent judgment, within defined policies and processes, to deliver functional and technical solutions on moderately complex customer engagements. 2-5 years of overall experience in relevant functional or technical roles. Undergraduate degree or equivalent experience. Product or technical expertise relevant to practice focus. Ability to communicate effectively and build rapport with team members and clients. Ability to travel as needed.
Career Level - IC2
**Responsibilities**
Oracle Financial Services is a world leader in providing IT solutions to the Financial Services industry. Oracle's customers include ten of the top ten Global Banks, ten of the top ten Insurance companies, ten of the top ten Securities firms, five of the top five Mutual Fund companies and four of the top five World Stock Exchanges.
With the experience of delivering value-based IT solutions to over 840 financial institutions in over 130 countries, Oracle FInancial Services understands the specific challenges that financial institutions face: the need for building customer intimacy and competitive advantage through cost-effective solutions while, simultaneously, adhering to the stringent demands of a dynamic regulatory environment. Our solutions have the world's most comprehensive and contemporary banking applications and provide a technology footprint that addresses their complex IT and business requirements
Oracle Health Insurance (OHI) is Oracle's innovative product to automate the core administration of health insurance companies. OHI is used by our customers in multiple countries worldwide including the Netherlands, United States, South America and Africa.
OHI Consulting under Oracle Financial Services delivers Oracle Technology and Applications solutions to clients globally. The service offerings include Application Implementation, Managed Services and Customization development services for Oracle Health Insurance products and components.
**Job Description**
Activities in OHI Consulting Development or Implementation or Managed Service activity streams as n OHI Implementation Consultant
**Roles & Responsibilities include**
+ Design, Configure, test, debug, and maintain implementation projects of the OHI products
+ Collaborate with other team members on assignments
+ Estimate tasks and meet breakthroughs and deadlines appropriately
+ Report progress on tasks and projects
+ Mentor junior team members
+ Understand and improve consulting standard processes
+ Strive for continuous improvement of Implementation Process & standards
**Essential Skills**
+ Implementation consulting experience in Health Insurance domain and / or Application implementation experience
+ Familiar with Oracle tech stack (Java, Groovy, SQL)
+ Experience with Webservices (RESTful) integration development work and/or data migration
+ Development skills with Oracle Application server and Database
+ Knowledge of other Oracle applications such as Fusion Financials / Documaker / Workflow / document management will be an advantage
**Preferred Skills**
+ Domain knowledge of Health Insurance
+ Previous work experience on direct customer exposure and Application implementation work
+ Prior experience of working in remote teams
+ Technical skills for integration, data migration and OHI dynamic logic configuration
+ Prior knowledge and experience on areas such as Cloud, deployment, Devops, Automation tooling etc.
**Self-Assessment Questions**
Do you have relevant experience in Health Insurance?
Do you have implementation experience with Health Insurance application?
Have you worked on any one of the module such as Policy/Claims/billing?
Career Level - IC2
**About Us**
As a world leader in cloud solutions, Oracle uses tomorrow's technology to tackle today's challenges. We've partnered with industry-leaders in almost every sector-and continue to thrive after 40+ years of change by operating with integrity.
We know that true innovation starts when everyone is empowered to contribute. That's why we're committed to growing an inclusive workforce that promotes opportunities for all.
Oracle careers open the door to global opportunities where work-life balance flourishes. We offer competitive benefits based on parity and consistency and support our people with flexible medical, life insurance, and retirement options. We also encourage employees to give back to their communities through our volunteer programs.
We're committed to including people with disabilities at all stages of the employment process. If you require accessibility assistance or accommodation for a disability at any point, let us know by emailing or by calling in the United States.
Oracle is an Equal Employment Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veterans' status, or any other characteristic protected by law. Oracle will consider for employment qualified applicants with arrest and conviction records pursuant to applicable law.
Oracle Health Insurance Implementation Consultant
Posted 2 days ago
Job Viewed
Job Description
Intermediate consulting position operating independently with some assistance and guidance to provide quality work products to a project team or customer that align with Oracle methodologies and practices. Performs standard duties and tasks with some variation to implement Oracle products and technology to meet customer specifications. Standard assignments are accomplished without assistance by exercising independent judgment, within defined policies and processes, to deliver functional and technical solutions on moderately complex customer engagements. 2-5 years of overall experience in relevant functional or technical roles. Undergraduate degree or equivalent experience. Product or technical expertise relevant to practice focus. Ability to communicate effectively and build rapport with team members and clients. Ability to travel as needed.
Career Level - IC2
**Responsibilities**
Oracle Financial Services is a world leader in providing IT solutions to the Financial Services industry. Oracle's customers include ten of the top ten Global Banks, ten of the top ten Insurance companies, ten of the top ten Securities firms, five of the top five Mutual Fund companies and four of the top five World Stock Exchanges.
With the experience of delivering value-based IT solutions to over 840 financial institutions in over 130 countries, Oracle FInancial Services understands the specific challenges that financial institutions face: the need for building customer intimacy and competitive advantage through cost-effective solutions while, simultaneously, adhering to the stringent demands of a dynamic regulatory environment. Our solutions have the world's most comprehensive and contemporary banking applications and provide a technology footprint that addresses their complex IT and business requirements
Oracle Health Insurance (OHI) is Oracle's innovative product to automate the core administration of health insurance companies. OHI is used by our customers in multiple countries worldwide including the Netherlands, United States, South America and Africa.
OHI Consulting under Oracle Financial Services delivers Oracle Technology and Applications solutions to clients globally. The service offerings include Application Implementation, Managed Services and Customization development services for Oracle Health Insurance products and components.
**Job Description**
Activities in OHI Consulting Development or Implementation or Managed Service activity streams as n OHI Implementation Consultant
**Roles & Responsibilities include**
+ Design, Configure, test, debug, and maintain implementation projects of the OHI products
+ Collaborate with other team members on assignments
+ Estimate tasks and meet breakthroughs and deadlines appropriately
+ Report progress on tasks and projects
+ Mentor junior team members
+ Understand and improve consulting standard processes
+ Strive for continuous improvement of Implementation Process & standards
**Essential Skills**
+ Implementation consulting experience in Health Insurance domain and / or Application implementation experience
+ Familiar with Oracle tech stack (Java, Groovy, SQL)
+ Experience with Webservices (RESTful) integration development work and/or data migration
+ Development skills with Oracle Application server and Database
+ Knowledge of other Oracle applications such as Fusion Financials / Documaker / Workflow / document management will be an advantage
**Preferred Skills**
+ Domain knowledge of Health Insurance
+ Previous work experience on direct customer exposure and Application implementation work
+ Prior experience of working in remote teams
+ Technical skills for integration, data migration and OHI dynamic logic configuration
+ Prior knowledge and experience on areas such as Cloud, deployment, Devops, Automation tooling etc.
**Self-Assessment Questions**
Do you have relevant experience in Health Insurance?
Do you have implementation experience with Health Insurance application?
Have you worked on any one of the module such as Policy/Claims/billing?
Career Level - IC2
**About Us**
As a world leader in cloud solutions, Oracle uses tomorrow's technology to tackle today's challenges. We've partnered with industry-leaders in almost every sector-and continue to thrive after 40+ years of change by operating with integrity.
We know that true innovation starts when everyone is empowered to contribute. That's why we're committed to growing an inclusive workforce that promotes opportunities for all.
Oracle careers open the door to global opportunities where work-life balance flourishes. We offer competitive benefits based on parity and consistency and support our people with flexible medical, life insurance, and retirement options. We also encourage employees to give back to their communities through our volunteer programs.
We're committed to including people with disabilities at all stages of the employment process. If you require accessibility assistance or accommodation for a disability at any point, let us know by emailing or by calling in the United States.
Oracle is an Equal Employment Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veterans' status, or any other characteristic protected by law. Oracle will consider for employment qualified applicants with arrest and conviction records pursuant to applicable law.