Actuarial – Manager - L3 - Mumbai (Intellion Square)

Job Title: Actuarial Modelling Manager Location Mumbai Experience 1-2 Years Qualification Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, Engineering, or related quantitative discipline. Minimum 5 actuarial papers cleared (IFoA/IAI/SOA or equivalent). 1-2 years of experience in actuarial modelling, valuation, pricing, or risk management. Key Responsibilities Support the development, maintenance, and enhancement of actuarial models for valuation, pricing, reserving, and financial reporting. Perform data validation, assumption setting, model testing, and result analysis. Execute actuarial projections and perform experience studies. Assist in regulatory and management reporting requirements. Investigate model outputs, analyze variances, and communicate findings to stakeholders. Collaborate with cross-functional teams including Finance, Risk, Underwriting, and Product Development. Ensure actuarial models comply with internal governance and regulatory standards. Support model documentation, controls, and audit requirements. Required Skills Strong understanding of actuarial modelling techniques and life/non-life insurance concepts. Experience working with actuarial software such as Prophet, RAFM, MG-ALFA, AXIS, MoSes , or equivalent (depending on business requirement). Proficiency in Excel , VBA, SQL, and preferably Python/R. Strong analytical, problem-solving, and numerical skills. Good communication and stakeholder management capabilities. Ability to work independently and manage multiple priorities. Preferred Skills Exposure to IFRS 17, Solvency II, Ind AS, Embedded Value, or Risk-Based Capital frameworks. Experience in automation and process improvement initiatives. Knowledge of data visualization tools such as Power BI or Tableau. What We're Looking For We are seeking a motivated actuarial professional with a strong modelling aptitude, solid technical skills, and progress toward actuarial qualification. The ideal candidate should be comfortable working with large datasets, actuarial systems, and regulatory reporting requirements while contributing to business decision-making through quantitative insights.

• Experience: 1+ year
• Seniority: Entry Level
• Education: Bachelor's degree required
• Languages: English