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Risk Assessment & Assurance, Enterprise Risk, Director

Mumbai, Maharashtra BlackRock

Posted 1 day ago

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Job Description

**About this role**
**Role Brief**
We are looking for an experienced team leader to manage the **RQA** **Risk Assessment & Assurance Team** in Mumbai, India.
**Business Overview**
Understanding and managing risk is the cornerstone of BlackRock's approach to responsible investing. The Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock's fiduciary and enterprise risks. Our mission is to advance the firm's risk management practices and to deliver independent risk expertise and constructive challenge to drive better business and investment outcomes. RQA promotes BlackRock as a leader in risk management by providing independent top-down and bottom-up oversight to help identify investment, counterparty, operational, regulatory, technology, and third-party risks.
RQA is committed to investing in our people to increase both individual enablement and a strong collaborative environment. As a global group located all around the world, our goal is to create a culture of inclusion which encourages teamwork, innovation, diversity and the development our future leaders. We actively engage in discussions on career growth and work with team members to understand how personal passions and strengths connect with our purpose.
**Who We Are**
As part of the broader Thematic Risk Assessment team (TRA) within the Enterprise Risk Management group (a Second Line of Defense function), the **RQA Risk Assessment & Assurance (RAA) Team** is vital to the "true-up" understanding of our enterprise risk and control landscape, and continued confidence that our risk management processes are effective and reliable. These help provide assurance that the firm's enterprise risk management framework is adept at managing current and emerging risks, protects our clients and firm, and supports the achievement of firm-wide business goals within our risk tolerance. Key stakeholders include, but not limited to, broader RQA Enterprise Risk Management teams and leaders, Enterprise Technology Risk & Control (First Line of Defense risk function), Innovation Office and Information Security, and other risk and control functions.
**What You Will Be Doing** :
Your primary responsibilities include:
+ Lead and support risk assurance plans that evaluate, monitor and report on the design &/or effectiveness of enterprise risk assessment programs and its activities.
+ Perform and support thematic risk assessments that evaluate enterprise risks of interest.
+ Identify, dimension, and propose practical solutions for improving enterprise risk assessment programs, risk management processes, risk and control taxonomies, and risk and control assessment techniques.
+ Manage the RAA Team's and team members' performance.
+ Execute and support continuous improvements to enterprise risk assessment programs.
+ Identify and escalate potentially systemic enterprise risk issues in a timely manner.
+ Ensure risk assessment and assurance exercises are comprehensively documented and reported.
+ Be a risk champion within the wider BlackRock business.
**What We Look For** :
As a **Team Lead** with people management responsibilities, you must have:
+ Strong risk and control assessment expertise (especially in technology &/or information security).
+ Excellent attention to detail, strong work ethics, and able to work as part of a global team and make informed risk management decisions.
+ **17+ years** of practical experience in Enterprise &/or Technology Risk Management, Business Process Engineering, Quality Assurance, or Audit (experience earned in Asset Management or Banking industry is preferred).
+ **7+ years** of experience **leading and performance managing** a team (non-project-based).
+ **5+ years** of experience in **performing** risk and control assessments, quality testing, control testing, &/or IT auditing.
+ Demonstrable ability to identify and analyze process, risk and control issues, challenge the status quo, and work with cross-functional and international teams to ideate pragmatic solutions that strengthen the risk management framework.
+ Strong understanding of industry-leading practices and control frameworks (e.g. CRI Profile, NIST CSF, ISO 27001, SOC, SOX, SWIFT, and COBIT).
+ An ability to explain complex ideas &/or sophisticated technical concepts in simple but impactful terms and use effective communication to influence outcomes.
+ Familiarity with office productivity, usage of open-source frameworks and business intelligence tools, including (but not limited to) Microsoft Office, PowerBI &/or Tableau.
The following are competitive advantages that we are interested in:
+ You are a Certified in Risk & Information Systems Control (CRISC), a Certified Information Systems Auditor (CISA), &/or Six Sigma-certified.
+ You have both led and performed technology &/or business risk and control assessments.
+ You have automated control assessment activities or analytics using one or more of the following: Python, JavaScript, .NET &/or SQL.
+ Good understanding of worldwide regulatory requirements.
**Our benefits**
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
**Our hybrid work model**
BlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
**About BlackRock**
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock ( | Twitter: @blackrock ( | LinkedIn: is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.
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Senior Insurance Underwriter - Risk Assessment

400001 Mumbai, Maharashtra ₹75000 Monthly WhatJobs Direct

Posted 4 days ago

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Job Description

full-time
Mumbai, Maharashtra, IN

Our client, a highly respected insurance provider, is looking for an experienced Senior Insurance Underwriter to join their fully remote team. This critical role involves evaluating and assessing insurance risks to determine coverage eligibility and premium rates. You will be responsible for analyzing complex applications, financial data, and risk factors to make informed underwriting decisions that align with the company's risk appetite and profitability goals.

Key responsibilities include reviewing and analyzing insurance applications for various policy types (e.g., life, health, property, casualty), assessing applicant history, and identifying potential risks and exposures. You will utilize actuarial data, industry trends, and internal guidelines to calculate appropriate premiums and set terms and conditions for policies. Collaboration with agents, brokers, and internal claims departments to gather necessary information and clarify details is essential. Maintaining a thorough understanding of relevant insurance regulations and compliance requirements is paramount. The ideal candidate will possess strong analytical and decision-making skills, with a keen eye for detail and a robust understanding of risk management principles. A Bachelor's degree in Finance, Economics, Business Administration, or a related field is required. Relevant professional designations (e.g., CPCU, AU) are highly advantageous.

This fully remote position requires a self-disciplined and motivated individual who can manage their workload effectively and independently. Excellent communication and interpersonal skills are necessary for interacting with clients and internal stakeholders. You should be adept at interpreting complex data sets and presenting findings clearly. Our client is committed to fostering a supportive and growth-oriented remote work environment, offering continuous learning opportunities and career advancement paths. If you are a seasoned underwriter with a passion for meticulous risk assessment and a desire to contribute to a leading insurance organization from anywhere, we encourage you to apply.
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Senior Actuarial Analyst - Risk Assessment

400001 Mumbai, Maharashtra ₹110000 Annually WhatJobs Direct

Posted 2 days ago

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Job Description

full-time
Our client, a well-established insurance firm, is seeking a highly analytical and detail-oriented Senior Actuarial Analyst to join their risk management team in **Mumbai, Maharashtra, IN**. This role is essential for evaluating insurance risks, developing pricing strategies, and ensuring the financial stability of the company's products. You will leverage your expertise in actuarial science, statistical modeling, and risk assessment to provide critical insights that inform business decisions. The ideal candidate will have a strong foundation in actuarial principles and a proven ability to translate complex data into actionable recommendations.

Responsibilities:
  • Develop, implement, and maintain actuarial models for pricing insurance products across various lines of business.
  • Conduct analyses to assess and quantify insurance risks, including mortality, morbidity, and catastrophe risks.
  • Perform reserving calculations and monitor loss trends to ensure adequate financial reserves.
  • Analyze policyholder data to identify patterns, predict future claims, and inform product development.
  • Collaborate with underwriting, claims, and product development teams to provide actuarial support.
  • Assist in the development and implementation of risk management strategies.
  • Prepare actuarial reports and presentations for senior management, regulatory bodies, and other stakeholders.
  • Stay current with industry trends, regulatory changes, and emerging actuarial methodologies.
  • Ensure compliance with all relevant actuarial standards of practice and regulatory requirements.
  • Develop and refine data analytics capabilities to enhance risk assessment accuracy.
  • Perform ad-hoc analyses and respond to data requests from various departments.
  • Contribute to the training and development of junior actuarial staff.
  • Evaluate the financial impact of proposed business initiatives and product changes.
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., Society of Actuaries (SOA), Casualty Actuarial Society (CAS)).
  • Minimum of 5 years of experience in an actuarial role within the insurance industry.
  • Proficiency in actuarial software and statistical modeling tools (e.g., R, Python, SAS, Prophet, GGY Axis).
  • Strong understanding of insurance product lines, risk principles, and financial modeling techniques.
  • Excellent analytical, problem-solving, and quantitative skills.
  • Strong written and verbal communication skills, with the ability to explain complex technical concepts.
  • Detail-oriented with a commitment to accuracy and precision.
  • Ability to manage multiple projects simultaneously and meet deadlines.
  • Experience with data manipulation and database querying (e.g., SQL) is beneficial.
  • Proven ability to work effectively in a team environment.
This role offers a significant opportunity to influence the strategic direction of an insurance company. If you are a dedicated actuary passionate about risk and financial analysis, we encourage you to apply.
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Director of Underwriting and Risk Assessment

400001 Mumbai, Maharashtra ₹2000000 Annually WhatJobs Direct

Posted 2 days ago

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Job Description

full-time
Our client, a prominent financial services institution, is seeking an experienced and astute Director of Underwriting and Risk Assessment to lead their operations in Mumbai, Maharashtra . This critical leadership role involves overseeing the entire underwriting process and ensuring robust risk assessment practices across all product lines. You will be responsible for developing and implementing underwriting guidelines, policies, and procedures that balance profitability with risk mitigation. The ideal candidate will possess a deep understanding of insurance principles, financial risk management, and regulatory compliance. Your expertise will be crucial in evaluating complex risks, setting underwriting standards, and making informed decisions on large or unusual cases. You will lead a team of skilled underwriters and risk analysts, providing mentorship, training, and performance management. Collaboration with claims, product development, legal, and actuarial departments will be essential to maintain consistency and effectiveness in risk management. Responsibilities include monitoring underwriting performance, analyzing loss trends, and recommending adjustments to policies and procedures. You will also be involved in the development of new insurance products, ensuring that their underwriting and risk profiles are well-defined and manageable. A strong analytical mindset, exceptional decision-making abilities, and a commitment to ethical underwriting are paramount. You will be expected to stay abreast of industry best practices, emerging risks, and regulatory changes, ensuring that our client remains at the forefront of sound underwriting and risk management. This position offers a significant opportunity to influence the financial stability and growth of the organization.

Key Responsibilities:
  • Lead and manage the underwriting and risk assessment functions for the company.
  • Develop, implement, and enforce underwriting policies and guidelines.
  • Establish risk assessment criteria and methodologies for evaluating applications.
  • Oversee the review and approval of complex or high-value insurance risks.
  • Manage and mentor the team of underwriters and risk analysts.
  • Collaborate with actuarial and claims departments to analyze loss trends and risk exposures.
  • Ensure compliance with all relevant insurance regulations and standards.
  • Contribute to product development by assessing underwriting feasibility and risk profiles.
  • Monitor underwriting performance and identify areas for process improvement.
  • Report on underwriting activities, risk exposures, and key performance indicators to senior management.
Qualifications:
  • Bachelor's or Master's degree in Finance, Business Administration, or a related field.
  • 12+ years of progressive experience in insurance underwriting and risk management.
  • Proven experience in a senior leadership role within underwriting.
  • Deep understanding of insurance products, market dynamics, and regulatory frameworks.
  • Strong analytical, quantitative, and decision-making skills.
  • Excellent leadership, team management, and communication abilities.
  • Experience with risk modeling and assessment tools.
  • Ability to interpret financial statements and assess financial risks.
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Risk Management - Model Risk Management - Global Business Manager

Mumbai, Maharashtra Nomura

Posted 14 days ago

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Job Description

Nomura Overview:


Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit .


Nomura Services, India supports the group’s global businesses. With world-class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in facilitating the group’s global operations.


At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been well-recognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program and the YUVA Unstoppable Changemaker Awards.


Divisional Overview:

The Risk Management Division encompasses the firm's comprehensive risk framework responsible for determining and managing the overall risk appetite for the firm. The division is responsible for effectively managing the firm's risk-return profile which ensures the efficient deployment of the firm's capital. It is one of the firm's core competencies and is independent of the trading areas and operational areas. The Risk Management Division in India comprises:

  • Market Risk Management
  • Credit Risk Management
  • Model Risk Management
  • Operational Risk Management
  • Data Integrity Group

Department Overview: Model Risk Management

Within Nomura’s Risk Management division, Model Risk Management (MRM) is responsible for maintaining and executing the firm’s Model Risk Management Framework. With team members based across multiple global locations, MRM operates as a single, integrated function where all members contribute equally to projects. MRM is structured into two key areas: Model Validation and Model Governance. Model Governance manages the Model Risk Framework, Model Inventory, and Model Risk Reporting processes. The team also oversees supporting technology, develops and monitors risk and performance indicators, coordinates regulatory communications, drives cross-functional initiatives, designs policies and procedures, and carries out business management responsibilities for the function. Model Validation ensures the integrity and robustness of models across a wide range of areas, including Risk, Valuation, Algorithmic Trading, Finance, Compliance and Artificial Intelligence among others.


What We Offer:

  • We support employee wellbeing by ensuring a sense of purpose and belonging.
  • We offer a comprehensive range of wellbeing services which allows employees to get access to the assistance they need at any point in their wellbeing journey.
  • Our bespoke benefits support employees and their family’s holistic wellbeing and are inclusive of diverse identities and family structures.


Position Specifications:


Corporate Title: AVP/Senior Associate/Associate

Functional Title: Global Business Manager

Experience: 5 years+

Qualification: Strong University degree


Role & Responsibilities:

The Global Business Manager will play a central role in overseeing global operational activities and supporting the delivery of strategic initiatives within the Model Risk function. This role requires a proactive and solutions-oriented individual who can work across regions, collaborate with senior stakeholders, and manage both strategic projects and day-to-day business operations.

The successful candidate will be highly organised, detail-oriented, and able to challenge and influence senior stakeholders.


Business & Operational Management

  • Act as the primary business manager for the Global Model Risk function, ensuring smooth delivery of day-to-day operations and execution of strategic priorities.
  • Manage budgets, expenses, invoices, purchase orders, and vendor contracts (including due diligence, service-level reviews, vendor risk management and consultant onboarding).
  • Support recruitment and talent processes by liaising with HR on job specifications, interview coordination, and pipeline management.
  • Oversee onboarding for new joiners and contractors, ensuring system access, IT setup, and business integration.
  • Maintain and update organisational charts and inter-departmental/Legal Entity SLAs, ensuring alignment and audit-readiness.
  • Own and regularly update the department’s Business Continuity Plans (BCPs).


Governance & Risk

  • Represent Model Risk in internal governance and risk forums (e.g. Risk Working Groups, Operational Risk & Control forums, Information Security/Framework discussions).
  • Act as End User Computing (EUC) Coordinator for Model Risk, ensuring compliance with heightened standards, supporting adoption of new tools, and attending working groups.
  • Coordinate and maintain the function’s Risk and Control Self-Assessment (RCSA) register, ensuring risks/controls are accurately captured.
  • Liaise with Internal Audit (IA) and update systems (e.g., Connected Risk), ensuring timely responses to reviews.
  • Support and prepare for internal/external audits, regulatory reviews, and other oversight functions.


Strategic & Project Delivery

  • Support the Head of Model Risk Governance and the Head of Model Risk Management in designing, implementing, and optimising the Target Operating Model for Model Risk Management.
  • Provide project management support across global initiatives, including resource allocation, milestone tracking, and executive reporting.
  • Lead specific departmental initiatives (e.g., clean-up of legacy systems, email groups, confluence, streamlining of reporting obligations, efficiency improvements).
  • Support decision-making through preparation of high-quality analysis, reporting, and presentations for senior management, regulators, and forums.
  • Coordinate departmental contributions to wider firm initiatives (e.g., budget submissions, planning processes, regulatory requests).



Mind Set

  • Strong background in business management, risk management, or financial services operations, preferably within a Model Risk or Risk Management function.
  • Excellent communication and influencing skills, with experience engaging senior stakeholders, regulators, and cross-functional teams.
  • Analytical mindset with the ability to prepare clear and impactful presentations and recommendations.
  • Detail-oriented, proactive, and capable of identifying operational efficiencies and control enhancements.
  • Knowledge of model risk processes, governance, or risk frameworks (desirable).
  • Familiarity with audit, compliance, and regulatory engagement processes.


Technical


  • Strong project management skills with the ability to deliver multiple initiatives simultaneously.
  • Experience using Risk Management tools such as model inventory, RCSA etc


We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. We prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, carer’s responsibilities, sexual orientation, gender identity, gender expression, race, color, national or ethnic origins, religious belief, disability or age.



*Applying for this role does not amount to a job offer or create an obligation on Nomura to provide a job offer. The expression "Nomura" refers to Nomura Services India Private Limited together with its affiliates.


*The benefits are subject to change and will be in accordance with Company’s policies as may be applicable from time to time).

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Risk Management – Country Risk - Associate

Mumbai, Maharashtra Nomura

Posted 14 days ago

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Job Description

Nomura Overview:


Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit .


Nomura Services, India supports the group’s global businesses. With world-class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in facilitating the group’s global operations.


At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been well-recognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program and the YUVA Unstoppable Changemaker Awards.


Division Overview:


The Risk Management Division encompasses the firm's comprehensive risk framework responsible for determining and managing the overall risk appetite for the firm. The division is responsible for effectively managing the firm's risk-return profile which ensures the efficient deployment of the firm's capital. It is one of the firm's core competencies and is independent of the trading areas and operational areas.


Business Unit Overview:


The Country Risk team is charged with protecting the firm from country events and with undertaking evidence-making analysis on big picture questions that drive superior risk/return. It is made up of economists, political scientists, data scientists and finance professionals brought together by our passion to understand the global environment and how it can business outcomes. We cover 120 countries, and the day-to-day questions we are trying to answer are always evolving.


Our team is full of self-starters who can tackle unstructured problems with independence. While we keep a big picture view, we are rigorous in our detailed approach. We analyse data from multiple dimensions, manage risk limits, develop policies and communicate often with other risk managers and business units. Ultimately, we want to understand how the world works so that we can take decisions that protects the firm from risks. The work we do is always applied and relevant to business objectives


What We Offer:


  • We support employee wellbeing by ensuring a sense of purpose and belonging.
  • We offer a comprehensive range of wellbeing services which allows employees to get access to the assistance they need at any point in their wellbeing journey.
  • Our bespoke benefits support employees and their family’s holistic wellbeing and are inclusive of diverse identities and family structures.



Position Specifications:


Corporate Title: Analyst

Functional Title: Senior Analyst

Experience: 3-5 years

Qualification: M aster in Economics/Political Science/Finance or other Relevant Discipline






Role & Responsibilities:

As a member of the team you will:

  • Monitor economic, political, policy and regulatory trends to better anticipate changes in business environment that will affect Nomura
  • Form and communicate relevant opinions through a variety of channels, including written pieces, data visualization and presentations
  • Cover a portfolio of countries, sovereigns, sub-sovereigns and/or supranationals and make or recommend relevant risk decisions, including on limits, ratings and transactions
  • Manage data integrity, risk reporting, portfolio metrics, risk framework ratios and risk-return measurement.
  • Monitor and upkeep a risk portfolio, meeting internal and regulatory requirements while constantly improving processes
  • Support the country risk team with data, organization etc.




Mind Set:

  • Graduate in Economics, Political Science, Finance or other relevant discipline
  • 3-5 years of experience in economic research/credit risk roles.
  • Proficient in Microsoft Word, Excel and PowerPoint
  • Entrepreneurial mind set, with an ability to be resourceful and streamline processes
  • Strong analytical skills and flexible thinking across disciplines
  • Ability to work independently and as a team member in an unstructured environment
  • Excellent communication skills — able to communicate clearly and succinctly, both verbally and in writing
  • Self-starter and has willingness to work hard and flexibly in a rewarding environment
  • Post-graduate degree
  • International experience and languages
  • Applied research background
  • Advanced data manipulation and visualization skills






We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. We prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, carer’s responsibilities, sexual orientation, gender identity, gender expression, race, color, national or ethnic origins, religious belief, disability or age.



*Applying for this role does not amount to a job offer or create an obligation on Nomura to provide a job offer. The expression "Nomura" refers to Nomura Services India Private Limited together with its affiliates.


*The benefits are subject to change and will be in accordance with Company’s policies as may be applicable from time to time).

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Senior Quantitative Analyst, Risk Management

400001 Mumbai, Maharashtra ₹1300000 Annually WhatJobs Direct

Posted 1 day ago

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Job Description

full-time
Our client, a prominent financial institution, is seeking a highly analytical Senior Quantitative Analyst to join their Risk Management division in Mumbai, Maharashtra, IN . This role is instrumental in developing and implementing sophisticated mathematical models and analytical frameworks to assess and manage financial risks. The ideal candidate will possess a strong quantitative background, expertise in financial markets, and a proven ability to translate complex data into actionable risk mitigation strategies.

Key Responsibilities:
  • Develop, validate, and implement quantitative models for market risk, credit risk, operational risk, and other financial risk areas.
  • Perform complex data analysis and statistical modeling using programming languages such as Python, R, or C++.
  • Contribute to the design and enhancement of risk management systems and platforms.
  • Monitor and analyze market trends and economic factors affecting the institution's risk profile.
  • Prepare detailed reports and presentations for senior management and regulatory bodies on risk exposures and mitigation strategies.
  • Collaborate with front-office, trading, and compliance teams to ensure effective risk management practices.
  • Stay abreast of regulatory changes and industry best practices in quantitative risk management.
  • Conduct stress testing and scenario analysis to evaluate portfolio resilience.
  • Mentor junior analysts and contribute to the team's technical development.
  • Ensure the accuracy and integrity of risk data and model outputs.
Qualifications:
  • Master's or Ph.D. in Quantitative Finance, Financial Engineering, Mathematics, Statistics, Economics, or a related field.
  • A minimum of 6 years of experience in quantitative analysis within the financial services industry, with a focus on risk management.
  • Strong proficiency in programming languages (Python, R, C++) and data manipulation tools.
  • Deep understanding of financial markets, derivatives, portfolio theory, and various risk measures (VaR, ES, etc.).
  • Proven experience in model development, validation, and implementation.
  • Excellent analytical, problem-solving, and critical thinking skills.
  • Strong communication and interpersonal skills, with the ability to explain complex quantitative concepts to non-technical audiences.
  • Familiarity with financial regulations (e.g., Basel Accords) and their implications for risk management.
  • Experience with large datasets and database management is a plus.
  • Ability to work independently and collaboratively in a fast-paced environment.
This hybrid role offers a challenging and rewarding career opportunity in the heart of India's financial capital, Mumbai, Maharashtra, IN , with opportunities for significant professional growth and impact.
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Senior Actuarial Analyst - Risk Management

400001 Mumbai, Maharashtra ₹950000 Annually WhatJobs Direct

Posted 2 days ago

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Job Description

full-time
Our client, a leading insurance provider, is seeking a highly analytical Senior Actuarial Analyst to join their risk management team in Mumbai, Maharashtra, IN . This role is essential for assessing and quantifying financial risks associated with insurance products and business operations. You will be responsible for developing and maintaining actuarial models, performing complex calculations, and providing insights into pricing, reserving, and solvency. Key duties include analyzing large datasets to identify trends, evaluating the impact of regulatory changes, and collaborating with underwriters, product development teams, and senior management. The Senior Actuarial Analyst will prepare detailed reports and presentations to communicate findings and recommendations clearly. A strong understanding of actuarial principles, statistical methods, and relevant software (e.g., R, Python, SQL, actuarial software) is required. The ideal candidate will have successfully passed several actuarial exams and possess a proven ability to apply actuarial techniques to solve complex business problems. This role demands exceptional attention to detail, strong analytical and problem-solving skills, and excellent written and verbal communication abilities. You will contribute to strategic decision-making by providing robust financial projections and risk assessments. This hybrid position offers the flexibility to work remotely while fostering in-person collaboration within our dynamic team at our Mumbai office. We are looking for a motivated professional eager to contribute to the financial health and stability of our organization through expert actuarial analysis.
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Lead Actuarial Analyst - Risk Management

400001 Mumbai, Maharashtra ₹1800000 Annually WhatJobs Direct

Posted 2 days ago

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Job Description

full-time
Our client, a leading entity in the insurance sector, is looking for a seasoned Lead Actuarial Analyst to spearhead their risk management initiatives. This pivotal role involves leveraging sophisticated analytical techniques to assess and mitigate financial risks associated with insurance products. You will be responsible for developing predictive models, setting pricing strategies, and ensuring regulatory compliance. The ideal candidate possesses a strong quantitative background, a deep understanding of actuarial principles, and excellent leadership capabilities.

Responsibilities:
  • Lead the development and validation of actuarial models for pricing, reserving, and capital management.
  • Analyze insurance data to identify trends, assess risks, and recommend strategic actions.
  • Collaborate with underwriting, product development, and finance teams to provide actuarial insights.
  • Ensure compliance with all relevant industry regulations and reporting requirements.
  • Mentor and guide junior actuarial staff, fostering their professional growth.
  • Communicate complex actuarial findings to senior management and non-technical stakeholders.
  • Develop and implement strategies for optimizing risk exposure and profitability.
  • Contribute to the overall strategic planning and decision-making processes within the actuarial department.

Qualifications:
  • Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, or a related field.
  • Associate or Fellow of the Actuarial Society of India (ASI) or equivalent international credential.
  • Minimum of 7 years of experience in the insurance industry, with a focus on actuarial analysis and risk management.
  • Proficiency in actuarial software and statistical modeling tools (e.g., R, Python, SAS, Prophet).
  • Strong understanding of insurance products, market dynamics, and regulatory frameworks.
  • Exceptional analytical, problem-solving, and critical-thinking skills.
  • Proven ability to lead teams and manage projects effectively.
  • Excellent written and verbal communication skills.

This role is based in Mumbai, Maharashtra, IN , and offers a hybrid work model, balancing the benefits of in-office collaboration with remote flexibility. We are committed to fostering a dynamic and supportive work environment where your expertise will be highly valued and contribute directly to the company's success.
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Senior Actuarial Analyst, Risk Management

400001 Mumbai, Maharashtra ₹1200000 Annually WhatJobs Direct

Posted 2 days ago

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Job Description

full-time
Our client is seeking a highly analytical and experienced Senior Actuarial Analyst to join their dynamic risk management team. This is a fully remote position, offering the flexibility to work from anywhere within India. As a Senior Actuarial Analyst, you will play a crucial role in developing and implementing sophisticated actuarial models to assess and mitigate financial risks. Your expertise will be vital in pricing new insurance products, evaluating existing reserves, and providing insights that drive strategic decision-making. The ideal candidate will possess a strong understanding of insurance principles, statistical modeling, and data analysis techniques. You will be responsible for collecting and analyzing large datasets, performing complex calculations, and presenting your findings to key stakeholders, including underwriting, product development, and senior management. This role requires a proactive approach to problem-solving, meticulous attention to detail, and the ability to work independently in a remote setting.

Key Responsibilities:
  • Develop, maintain, and enhance actuarial models for pricing, reserving, and financial forecasting.
  • Conduct in-depth analysis of insurance data to identify trends, risks, and opportunities.
  • Prepare detailed reports and presentations on actuarial findings for management and regulatory bodies.
  • Collaborate with cross-functional teams to ensure accurate product pricing and effective risk management strategies.
  • Stay abreast of industry developments, regulatory changes, and emerging actuarial techniques.
  • Mentor junior analysts and contribute to the continuous improvement of actuarial processes.
  • Ensure compliance with all relevant actuarial standards and company policies.
Qualifications:
  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
  • Minimum of 5 years of experience in the insurance industry, with a focus on actuarial analysis.
  • Progress towards or completion of actuarial exams (e.g., Fellow of the Actuarial Society of India - FASI, or equivalent international designation).
  • Proficiency in actuarial software (e.g., R, Python, SAS, Prophet) and database management.
  • Excellent analytical, problem-solving, and critical thinking skills.
  • Strong communication and interpersonal skills, with the ability to explain complex concepts clearly.
  • Proven ability to work independently and manage multiple priorities in a remote work environment.
This is an exceptional opportunity to make a significant impact within a leading insurance organization while enjoying the benefits of a fully remote work arrangement. If you are a results-oriented actuary passionate about risk and looking for a challenging and rewarding career path, we encourage you to apply. The successful candidate will be based remotely, contributing to our operations from Mumbai, Maharashtra, IN .
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