Senior Actuarial Associate - Axis Modelling for Life Insurance

About the Role

Join EY's Life Insurance Managed Services Actuarial Practice, collaborating with global insurance and consulting experts to deliver high-quality actuarial solutions to top-tier insurance clients. This role involves working closely with colleagues at various levels, including senior managers and client partners, to support large-scale projects and foster long-term client relationships. Our diverse, dedicated team acts as trusted advisors focused on growth and innovation.

Key Responsibilities

• Develop and implement actuarial solutions within the insurance service line, collaborating with cross-functional teams.
• Provide leadership by managing and guiding small to moderate teams, ensuring deliverables meet strict quality standards and deadlines.
• Review junior team members' work for accuracy and completeness under time-sensitive conditions.
• Modify existing modeling frameworks to incorporate asset and liability cashflows.
• Apply knowledge of Actuarial of Cost (AoC) concepts, including unwinding, roll forward, assumption changes, and experience variances.
• Utilize advanced Excel skills to run and modify macros that manage actuarial cashflows.
• Use actuarial valuation software such as Prophet, Axis, or MG Alpha, with a preference for advanced experience in at least one.
• Prepare professional PowerPoint presentations for stakeholders.
• Maintain a thorough understanding of insurance products and regulatory environments across multiple geographies.

Candidate Requirements

• 3-6 years of hands-on experience in valuation, reporting, pricing, or modelling in life actuarial roles within insurance, consulting, or outsourcing.
• Strong analytical capabilities with an ability to independently investigate and resolve model or reporting challenges.
• Proficiency in MS Office Suite; VBA and coding skills in Power BI, SAS, R, Python, SQL, SPSS are advantageous.
• Good progress in actuarial exams is preferred.
• Excellent written and verbal communication skills for report preparation and stakeholder engagement.
• Demonstrated ability to foster collaborative work environments.
• Experience in US insurance product lines and regulatory standards is desirable.
• Overseas exposure, especially to Australia, UK, US, or European markets, highly valued.

Additional Information

Locations available include Kolkata, Chennai, Bangalore, Pune, Noida, and Kochi. Candidates should have a proactive, growth-oriented mindset and are expected to leverage EY’s global network to enhance their professional development.

Eligibility

Open to all graduates.