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▷ [Immediate Start] Fellow Actuary – Indian Insurance (Bangalore)

▷ [Immediate Start] Fellow Actuary – Indian Insurance (Bangalore)

EliteRecruitmentsBengaluru, Karnataka, India
3 days ago
Job description

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.
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    Immediate Start • Bengaluru, Karnataka, India