628 Actuarial Jobs

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8.0 - 13.0 years

20 - 25 Lacs

mumbai

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Design and deliver product calendar by identifying target markets, new product ideas after studying consumer preferences, competition and industry studies, distributors need and aligned to company s objective Management of existing products to help deliver desirable product mix, by liaising with sales, BIU, finance, marketing etc Ensure timely implementation of the product project plans through coordination and liaison with sales, actuarial, compliance, IT, UW and other related functions for filing of the product or solution and timely launch Streamline processes & achieve towards building efficiencies, reducing TAT for launches Create new pitches, stories that can aid sales with better sell...

Posted 13 hours ago

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1.0 - 3.0 years

20 - 25 Lacs

gurugram

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Within the Enterprise Risk Management & Risk Oversight Group in GRC, Enterprise Risk Management & Strategic Initiatives is the independent risk management team that plays a pivotal role in identification, assessment and mitigation of risks affecting the organization The team s core responsibility is to design, implement and oversee risk measurement & management frameworks at American Express Roles & Responsibilities: Sr Analyst Enterprise Risk Management & Strategic Initiatives will be responsible for providing independent oversight and effective challenge on risk-related initiatives across the organization This individual will work closely with senior management and business units to ensure...

Posted 13 hours ago

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3.0 - 5.0 years

15 - 20 Lacs

bengaluru

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Location Bangalore Department: Actuarial Experience Required: 3-5 years Joining: Immediate ________________________________________ Role Summary: We are seeking a highly motivated and detail-oriented Pricing Consultant to join our Actuarial team. This role is ideal for someone with strong analytical skills and a passion for life insurance pricing and reporting. You will play a key role in developing pricing strategies and supporting shareholder reporting, contributing directly to the companys growth and financial health. ________________________________________ Key Responsibilities: Lead and support pricing of life insurance products, ensuring alignment with business goals and regulatory sta...

Posted 15 hours ago

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3.0 - 6.0 years

5 - 8 Lacs

gurugram

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We are looking for a go-getter person who can understand and define (as required): Analytic strategies to meet the demands of business requirements Technical requirements of the analytic solutions Data requirements of the analytic solution processes The person will be part of a major Insurance client. He/ She will work with different stakeholders as SME for insight generation, data quality and testing and dashboard development/enhancement Engages in technical problem solving across multiple technologies often needs to develop new solutions A typical workday will involve working with stakeholders in individual contributor role Individual will source data from multiple sources, manipulate and ...

Posted 16 hours ago

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3.0 - 8.0 years

5 - 10 Lacs

hyderabad

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We are looking for an exceptional Data Scientist with 3+ years of experience to help Uber s internal and external applications, products and services to grow adoption, improve CSAT and reduce cost. You will leverage analytics, engineering, and machine learning, and data science to empower data-driven decision making in the full lifecycle of product development. You will be responsible for building this program from the ground up: partner with stakeholders, understand all aspects of the products, interact with cross-functional business and technical teams, predict risks, improve strategic decisions, and lead experimentation/growth projects. What the Candidate Will Need / Bonus Points What the...

Posted 16 hours ago

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3.0 - 8.0 years

18 - 22 Lacs

bengaluru

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Role Su mmary: We are seeking a highly motivated and detail-oriented Pricing Consultant to join our Actuarial team. This role is ideal for someone with strong analytical skills and a passion for life insurance pricing and reporting. You will play a key role in developing pricing strategies and supporting shareholder reporting, contributing directly to the companys growth and financial health. Key Responsibilities: • Lead and support pricing of life insurance products, ensuring alignment with business goals and regulatory standards. • Collaborate with cross-functional teams including Product, Finance, and Underwriting to develop and refine pricing models. • Prepare and analyse shareholder rep...

Posted 1 day ago

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10.0 - 15.0 years

10 - 15 Lacs

hyderabad

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Primary Responsibilities: Maintaining forecast models for healthcare financial forecasting Understand and interpret the key drivers of health care trends; projecting expected revenue and cost Supporting cross-business analytics (Commercial, Medicare, & Medicaid) in developing consistent and appropriate modeling Conducting in-depth data extractions and analyses to provide actionable insights and drive decision-making Identifying and exploring new areas for analytical development in partnership with key stakeholders Developing high-quality written communications, persuasive presentations, and compelling deliverables tailored to client needs Designing analytics and extracting data leveraging te...

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3.0 - 5.0 years

7 - 11 Lacs

gurugram

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About The Role Skill required: Property & Casualty - Property and Casualty Insurance Designation: Actuarial Analyst Qualifications: Any Graduation Years of Experience: 3 to 5 years What would you do? We help insurers redefine their customer experience while accelerating their innovation agenda to drive sustainable growth by transforming to an intelligent operating model. Intelligent Insurance Operations combines our advisory, technology, and operations expertise, global scale, and robust ecosystem with our insurance transformation capabilities. It is structured to address the scope and complexity of the ever-changing insurance environment and offers a flexible operating model that can meet t...

Posted 2 days ago

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3.0 - 5.0 years

2 - 6 Lacs

noida

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About The Role Skill required: Retirement Solutions - Claims Case Mgmt - Claims Processing Designation: Claims Management Analyst Qualifications: Any Graduation Years of Experience: 3 to 5 years What would you do? Tower:UK Life and Pensions- Claims Processer- CL 11 What are we looking for? Skillset:Graduate in any discipline from a recognized institution. While a degree in finance, commerce, or business administration is an advantage, it is not mandatory. Experience in the UK Life and Pensions domain (Preferred, not mandatory)Open to flexible shifts based on business requirements.Strong verbal and written communication skills in English, with the ability to convey information clearly and pro...

Posted 2 days ago

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5.0 - 8.0 years

8 - 12 Lacs

gurugram

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About The Role Skill required: Property & Casualty - Property and Casualty Insurance Designation: Actuarial Senior Analyst Qualifications: Any Graduation Years of Experience: 5 to 8 years What would you do? We help insurers redefine their customer experience while accelerating their innovation agenda to drive sustainable growth by transforming to an intelligent operating model. Intelligent Insurance Operations combines our advisory, technology, and operations expertise, global scale, and robust ecosystem with our insurance transformation capabilities. It is structured to address the scope and complexity of the ever-changing insurance environment and offers a flexible operating model that can...

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7.0 - 11.0 years

8 - 13 Lacs

gurugram

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About The Role Skill required: Retirement Solutions - Policy Servicing Designation: Actuarial Specialist Qualifications: Any Graduation Years of Experience: 7 to 11 years What would you do? We help insurers redefine their customer experience while accelerating their innovation agenda to drive sustainable growth by transforming to an intelligent operating model. Intelligent Insurance Operations combines our advisory, technology, and operations expertise, global scale, and robust ecosystem with our insurance transformation capabilities. It is structured to address the scope and complexity of the ever-changing insurance environment and offers a flexible operating model that can meet the unique ...

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3.0 - 8.0 years

9 - 19 Lacs

mumbai

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Role & responsibilities - IFRS 17 Implementation: Lead data preparation and integration for IFRS 17 compliance Interpret the IFRS 17 standard and propose methodology to implement the standards ensuring robust, transparent and compliant approaches to financial reporting Design actuarial models and reporting tools tailored to IFRS 17 Collaborate with cross-functional teams including finance, IT and reinsurance, etc. to ensure seamless integration Identify opportunities to improve and automate actuarial processes and enhancing analytical workflows Undertake complex, analytical projects that address specific needs of the team. Utilise actuarial analytics to apply advanced techniques and provide ...

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0.0 - 3.0 years

0 - 12 Lacs

gurgaon, haryana, india

On-site

A bachelor's degree with minimum 1 actuarial exams At least 6+ years of working experience preferably in the valuation function of a life insurance company Sound knowledge of advanced MS Excel, VBA and R programming Knowledge of Actuarial software like Prophet, DCS etc. Prior knowledge of IFRS17 will be preferred. Conceptual thinker with strong analytical, data management skills, work attitudes to details and ability to manage multiple projects simultaneously Good communication and business skills to contribute to business results

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1.0 - 6.0 years

14 - 24 Lacs

hyderabad, gurugram, bengaluru

Hybrid

Preferred candidate profile Role & responsibilities Business Analyst / Consultant Life Actuarial The Consultant/Senior Consultant will support transformation and migration projects, consulting engagements, and audit work by applying US GAAP, STAT, TAX, IFRS 17, and LDTI regulations. Additionally, the professional will utilize their modeling and technical skills to develop or modify actuarial tools that validate various financial cash flows and results generated by life insurance companies. Manager will lead transformation and migration projects, audit and consulting projects by applying actuarial methodologies in accordance with various accounting and regulatory regimes. Work youll do The wo...

Posted 3 days ago

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1.0 - 3.0 years

8 - 12 Lacs

pune

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Participate in technical and US healthcare domain training sessions as needed, based on existing skillsets. Deliver standardized reporting suites to internal and external stakeholders, ensuring thorough quality checks under senior guidance. Support ad-hoc reporting and analytical requests, including: Creating new reports and dashboards Automating and optimizing existing reports or processes Collaborating with senior team members for execution Communicate insights, challenges, or anomalies encountered during report delivery, and document them using standardized templates. Continuously build domain expertise in US healthcare. Actively engage in regular stand-up calls with onshore and offshore ...

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8.0 - 13.0 years

7 - 10 Lacs

bengaluru

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As part of the Catastrophe Management team, Run catastrophe modeling software for client and prospect portfolio risk analyses Prepare property insurance policy data for catastrophe risk analysis using Microsoft Access, SQL Query Analyzer and other data conversion tools Use proprietary software to design and manage catastrophe reinsurance programs Respond to brokers, clients, and reinsurers on issues and questions relating to risk analysis for natural and manmade catastrophes Provide real-time loss estimates of actual catastrophic events around the world Prepare and send catastrophe risk assessment data to reinsurers and participate in reinsurance market calls Assist clients in the understand...

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4.0 - 6.0 years

5 - 14 Lacs

chennai

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etermine the design and workout strategy for new projects. Lead the Project lifecycle closely following Governance models. • Identify and resolve issues reported within defines SLAs part of routine maintenance of existing applications built in SharePoint online. • Report extraction and automations to support different metrics, that are maintained in the applications. • Work with Stakeholders on the enhancements in the existing applications. Project Planning, Tracking, & Reporting • Workout budgetary estimates during kick off, after understanding the high-level requirements. • Support the team in project planning activities, identify risks proactively, escalating thru appropriate channels as ...

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5.0 - 9.0 years

0 Lacs

maharashtra

On-site

Role Overview: M&G Global Services Private Limited, a subsidiary of the M&G plc group of companies, is seeking individuals to join their team. As an international savings and investments business, M&G offers a range of financial products and services through Asset Management, Life, and Wealth divisions. The company aims to provide confidence to individuals looking to invest their money, with a history spanning over 170 years. By working collaboratively across all segments, M&G strives to deliver positive financial outcomes for clients and shareholders. Key Responsibilities: - Contribute to the transformation of M&G Global Services into a leading provider of capabilities within the M&G plc gr...

Posted 4 days ago

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5.0 - 6.0 years

7 - 8 Lacs

bengaluru

Work from Office

About the role : As a member of our team in Bangalore, you will contribute to our innovation pipeline and be able to work first-hand with a strong and mature data asset and world-class analytical tools that give us flexibility to experiment and deliver impactful products. Key responsibilities: Understand and Translate business problems into actionable data & analytical products: Business analysis, ideate business requirements, do hands on Data engineering and report development to fast track the development and analysis, change management and roll-out activities. Support or lead larger initiatives and projects by providing support in technical (data engineering/analytics business (business a...

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8.0 - 13.0 years

20 - 25 Lacs

mumbai

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Design and deliver product calendar by identifying target markets, new product ideas after studying consumer preferences, competition and industry studies, distributors need and aligned to company s objective Management of existing products to help deliver desirable product mix, by liaising with sales, BIU, finance, marketing etc Ensure timely implementation of the product project plans through coordination and liaison with sales, actuarial, compliance, IT, UW and other related functions for filing of the product or solution and timely launch Streamline processes & achieve towards building efficiencies, reducing TAT for launchesCreate new pitches, stories that can aid sales with better selli...

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5.0 - 10.0 years

9 - 13 Lacs

bengaluru

Work from Office

About the Role: Are you aspiring to be a Pricing Actuary in the Commercial General Insurance spaceThis role offers the opportunity to develop product expertise and analytical skills crucial to enhancing the profitability of a global underwriting portfolio. As a key team member, you will use actuarial methods and data-driven techniques to analyze portfolios, set costing parameters, and influence business decisions with a focus on our in-house proprietary property costing model. You will have a direct impact in steering your portfolio and ultimately the overall Business Units performance. Key Responsibilities: Independently conduct case pricing using actuarial reviews and communicate findings ...

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2.0 - 6.0 years

6 - 10 Lacs

gurugram

Work from Office

Introduction We believe that every candidate brings something special to the table, including you! So, even if you feel that youre close but not an exact match, we encourage you to apply Wed be thrilled to receive applications from exceptional individuals like yourself, Gallagher, a global industry leader in insurance, risk management, and consulting services, boasts a team of over 50,000 professionals worldwide Our culture, known as "The Gallagher Way," is driven by shared values and a passion for excellence At the heart of our global operations, the Gallagher Center of Excellence (GCoE) in India, founded in 2006, upholds the values of quality, innovation, and teamwork With 10,000+ professi...

Posted 6 days ago

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3.0 - 8.0 years

20 - 25 Lacs

gurugram

Work from Office

Key Responsibilities: Collibra Implementation & Management: Administer and optimize Collibra for insurance data governance, ensuring seamless integration with underwriting, claims, and policy administration systems. Regulatory Compliance: Align data governance strategies with insurance regulations, including NAIC, GDPR, and CCPA , ensuring data privacy and security. Data Quality & Integrity: Develop frameworks for risk assessment, fraud prevention, and actuarial data management to enhance operational efficiency. Metadata & Lineage Management: Establish processes for tracking data flow across policy issuance, claims processing, and financial reporting. Stakeholder Collaboration: Work closely ...

Posted 6 days ago

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4.0 - 9.0 years

30 - 35 Lacs

gurugram

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Collaborate with technical teams to design, refine, and validate reinsurance pricing models, including exposure rating, treaty pricing, and cyber risk evaluation Work closely with actuarial teams to integrate loss cost models, trends, and risk parameters into reinsurance pricing tools Analyze large datasets to extract insights that drive improvements in reinsurance pricing and portfolio management Use reinsurance pricing models to identify underperforming layers or treaties and recommend strategies for improvement Collaborates with the Domain Lead(Ops & IT leads) and business partners to create product vision and alignment with strategic priorities with stakeholders Contributes to the develo...

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5.0 - 6.0 years

20 - 25 Lacs

gurugram

Work from Office

Reserving Data Analyst EXL (NASDAQ:EXLS) is a leading operations management and analytics company that helps businesses enhance growth and profitability in the face of relentless competition and continuous disruption. Using our proprietary, award-winning Business EXLerator Framework , which integrates analytics, automation, benchmarking, BPO, consulting, industry best practices and technology platforms, we look deeper to help companies improve global operations, enhance data-driven insights, increase customer satisfaction, and manage risk and compliance. EXL serves the insurance, healthcare, banking and financial services, utilities, travel, transportation and logistics industries. Headquart...

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Exploring Actuarial Jobs in India

The actuarial job market in India is growing rapidly, with more and more companies recognizing the need for skilled professionals in this field. Actuaries play a crucial role in the insurance industry, helping companies assess and manage risk, set premiums, and make strategic financial decisions. If you are considering a career in actuarial science, India offers plenty of opportunities for growth and development.

Top Hiring Locations in India

  1. Mumbai
  2. Bangalore
  3. Gurgaon
  4. Pune
  5. Hyderabad

These cities are known for their strong presence in the financial and insurance sectors, making them hotspots for actuarial job opportunities.

Average Salary Range

The salary range for actuarial professionals in India varies based on experience and location. Entry-level positions typically start at around INR 6-8 lakhs per annum, while experienced actuaries can earn upwards of INR 20 lakhs per annum.

Career Path

A typical career path in actuarial science may include roles such as Actuarial Analyst, Senior Actuarial Analyst, Assistant Actuary, Actuary, and Chief Actuary. With experience and additional qualifications, professionals can progress to higher positions with more responsibilities and better compensation.

Related Skills

In addition to strong mathematical and analytical skills, actuarial professionals are expected to have knowledge of programming languages such as R, Python, and SQL. Good communication skills, attention to detail, and business acumen are also valuable in this field.

Interview Questions

  • What is an actuary and what do they do? (basic)
  • Explain the difference between life insurance and general insurance. (basic)
  • How do you calculate the present value of a future cash flow? (medium)
  • What is the significance of the Central Limit Theorem in actuarial science? (medium)
  • How do you handle missing data in your analysis? (medium)
  • Describe a complex actuarial project you have worked on and how you approached it. (advanced)
  • How do you stay updated with the latest trends and developments in the actuarial field? (advanced)
  • Can you explain the concept of risk management in the insurance industry? (medium)
  • How do you determine the appropriate discount rate for calculating reserves? (medium)
  • What are the key assumptions made in actuarial modeling? (medium)
  • How do you assess the financial strength of an insurance company? (advanced)
  • Explain the process of setting insurance premiums. (medium)
  • How do regulatory changes impact the actuarial profession? (advanced)
  • What is the role of predictive modeling in actuarial science? (medium)
  • How do you handle conflicting priorities and deadlines in your work? (medium)
  • Can you walk me through a scenario where you had to make a difficult decision in your role as an actuary? (advanced)
  • How do you approach risk assessment in a rapidly changing market environment? (advanced)
  • What are the key challenges faced by actuaries in the current industry landscape? (medium)
  • How do you communicate complex actuarial concepts to non-technical stakeholders? (medium)
  • What is your experience with actuarial software tools such as R, SAS, or Excel? (basic)
  • How do you ensure accuracy and reliability in your actuarial calculations? (medium)
  • Describe a situation where you had to work in a team to solve a complex problem. (medium)
  • How do you prioritize your tasks and manage your time effectively in a fast-paced work environment? (medium)
  • Can you explain the role of stress testing in actuarial analysis? (advanced)

Closing Remark

As you prepare for your actuarial job search in India, remember to showcase your technical skills, industry knowledge, and problem-solving abilities during interviews. With determination and perseverance, you can secure a rewarding career in the dynamic field of actuarial science. Good luck!

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