We are hiring on behalf of one of our esteemed clients — a leading Indian insurance organization — for the position of Fellow Actuary based in Bangalore.
This role offers an excellent opportunity for a qualified actuary to contribute to key actuarial functions including valuation, pricing, product development, and risk management within the Indian insurance landscape.
Key Responsibilities
- Lead actuarial workstreams such as pricing, reserving, valuation, capital management, and business planning.
- Ensure compliance with IRDAI regulations and other applicable actuarial standards.
- Support financial reporting, embedded value, and solvency capital calculations.
- Provide actuarial inputs for strategic business initiatives and reinsurance structures.
- Mentor actuarial students and contribute to professional development within the team.
- Collaborate closely with Finance, Risk, and Product teams to ensure robust actuarial governance.
Qualifications & Skills
Mandatory Qualification : Fellow of the Institute of Actuaries of India (FIAI) or an equivalent recognized actuarial body.Experience : Minimum 5+ years of actuarial experience, preferably within the Indian insurance sector.Strong knowledge of Indian insurance products, regulations, and reserving frameworks.Proficiency in actuarial tools (Prophet, MoSes, R, Python, or similar).Excellent analytical, problem-solving, and stakeholder management skills.