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3 - 5 years
9 - 14 Lacs
Mumbai
Work from Office
We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited) . We are a fully owned subsidiary of the M&G plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns. M&G Global Services has rapidly transformed itself into a powerhouse of capability that is playing an important role in M&G plc s ambition to be the best loved and most successful savings and investments company in the world. Our diversified service offerings extending from Digital Services (Digital Engineering, AI, Advanced Analytics, RPA, and BI & Insights), Business Transformation, Management Consulting & Strategy, Finance, Actuarial, Quants, Research, Information Technology, Customer Service, Risk & Compliance and Audit provide our people with exciting career growth opportunities. Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent. The key responsibility of this role is to primarily support the delivery of the Investment Performance team s objectives across M&G plc, providing consolidated risk analysis and management information for Senior Management as required. This involves: Supporting the data control and performance return calculation process across Aladdin and FactSet Delivering performance reports on a timely basis with a high level of accuracy Dealing with ad-hoc and bespoke requests from Fund Managers, Client Directors, Investment Specialists, Investment Risk, Sales & Marketing and other stakeholders. Implementing work flows and business processes to meet data control, efficiency and performance reporting requirements Reconciling performance numbers between multiple data sources Assisting with the project work to enhance accuracy and efficiency within the team Working flexibly and building collaboratively constructive and supportive working relationships with teams across M&G plc and suppliers Ensuring compliance of the people policies, Group Code of Conduct and embedding desired behaviours, including completion of any mandatory training requirements. Identify underlying issues and escalate issues, where appropriate. Qualification & Certifications Graduate/Post-graduate degree in Finance / Accounting Pursing Chartered Financial Analyst (CFA) / Certificate in Investment Performance Measurement (CIPM) or any other similar qualifications is desirable. Experience / Knowledge / Skills Minimum of 3-5 years experience in investment performance / investment operations Basic understanding of investment management industry (essential) Good Microsoft Office Application Skills (essential) Ability to navigate large amounts of data (essential) Good written and verbal communication skills (essential) Drive and committed to achieving results and delivering on time (essential) Strong mathematical background Systems and data management tools experience (Python, SQL, Power BI, Aladdin, FactSet, StatPro, Reuters Eikon) will be advantageous Systems and data management tools knowledge (Python, SQL, Power BI) (desirable) Curious and looking to seek out improvements and not just accepting the status quo (essential) Ability to operate remotely with virtual teams, in a diverse and multi-cultural environment (essential) Knowledge of GIPS (desirable) We have a diverse workforce and an inclusive culture at M&G Global Services, regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.
Posted 2 months ago
3 - 6 years
10 - 15 Lacs
Hyderabad
Work from Office
Add to favorites Favorited View favorites Ascensus is looking for actuarial professionals who possess the technical expertise in US pensions that align with our commitment to delivering exceptional quality through a customer-centric approach. You ll have an enriching experience collaborating with seasoned professionals and gaining invaluable insights and experience in the retirement industry. Our teams are empowered by our comprehensive study policy, designed to support your career journey in obtaining actuarial credentials through IAI, IFOA, SOA, and ASPPA. With our structured training programs, you will be well-prepared to integrate and manage Defined Benefit plans within broader retirement products and strategies across our organization. Joining Ascensus means embracing a unique opportunity to grow professionally, having work-life balance, and a place you can bring your whole self to work every day. We look forward to welcoming you to contribute to our success and make a meaningful impact to our noble purpose - helping people save for those important miles stones in their lives. About Ascensus: We are the largest independent recordkeeping services partner, third-party administrator, and government and health savings facilitator in the United States. We re also one of the savings plan industry s leading providers of outsourced services. Our combination of purpose-built technology and deep expertise enables our partners to deliver industry-leading solutions that help people save for what matters: retirement, education, and healthcare. We support qualified retirement plans and Individual Retirement Accounts (IRAs) through partnerships with top financial institutions, banks, credit unions, and advisors. About Ascensus (India) - We have great growth strategy and looking forward to development and achieve organization objectives. We are setting an Operations in Hyderabad and looking at growth prospects. We have loans and distributions, Compliance (DC) and Defined Benefit Process in India currently. We are also looking to grow in other departments as well. Roles & Responsibility: Conduct benefit calculations for pension plans. Performs special actuarial projects as assigned. Draft data requests, perform data analysis and assess inconsistencies Prepare valuation data using Excel or Software application Perform detailed actuarial gain/loss analysis and analyze changes in the liability Determine valuation assumptions, apply/update on valuation system Prepare valuation reports, Government Forms for regulatory reporting. Assist with other special ad hoc projects. Assist junior team members in their work and help grooming them Review work completed by junior colleagues Think critically about process flow, identify opportunity/gaps to streamline/improvement and take lead. Involve in work transition, help develop training materials and deliver training to team members. Education and skill Requirement: Bachelor s degree in Actuarial Science/Statistics/Mathematics with 60%+ marks Actuarial exam progress will be an advantage Would be able to manage a team and train the Juniors Excellent communication and problem-solving skills Excellent cognitive ability, analytical skills, organization, and recall Ability to work in a fast-paced environment Ability to adapt to changes in the work environment Flexibility in work culture (Example - She/he should be flexible in Day/Night shift based on business requirement) Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ascensus.com or @futureplan.com email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting, we strongly encourage you to apply directly through our website. For all virtual remote positions, in order to ensure associates can effectively perform their job duties with no distractions, we require an uninterrupted virtual work space and there is also an expectation of family care being in place during business hours. Additionally, there is an internet work speed requirement of 25 MBps or better for individual use. If more than one person is utilizing the same internet connection in the same household or building, then a stronger connection is required. If you are unsure of your internet speed, please check with your service provider. Note: For call center roles specifically, it is a requirement to either hardwire your equipment directly to the internet router or ensure your workstation is in close proximity to the router. Please ensure that you are able to meet these expectations before applying. At Ascensus, we aspire to make a difference for others. We are a technology-enabled services company that helps people save for a better future through our network of institutional, financial advisor, and state partners. Our culture is guided by sound principles, is committed to high standards, operates with transparency, and welcomes diversity housed within our Core Values: People Matter. Quality First. Integrity Always. Ascensus provides equal employment opportunities to all associates and applicants for employment without regard to ancestry, race, color, religion, sex, (including pregnancy, childbirth, breastfeeding and/or related medical conditions), gender, gender identity, gender expression, national origin, age, physical or mental disability, medical condition (including cancer and genetic characteristics), marital status, military or veteran status, genetic information, sexual orientation, criminal conviction record or any other protected category in accordance with applicable federal, state, or local laws ( Protected Status ). Tweet
Posted 2 months ago
3 - 6 years
10 - 15 Lacs
Chennai
Work from Office
Add to favorites Favorited View favorites Ascensus is looking for actuarial professionals who possess the technical expertise in US pensions that align with our commitment to delivering exceptional quality through a customer-centric approach. You ll have an enriching experience collaborating with seasoned professionals and gaining invaluable insights and experience in the retirement industry. Our teams are empowered by our comprehensive study policy, designed to support your career journey in obtaining actuarial credentials through IAI, IFOA, SOA, and ASPPA. With our structured training programs, you will be well-prepared to integrate and manage Defined Benefit plans within broader retirement products and strategies across our organization. Joining Ascensus means embracing a unique opportunity to grow professionally, having work-life balance, and a place you can bring your whole self to work every day. We look forward to welcoming you to contribute to our success and make a meaningful impact to our noble purpose - helping people save for those important miles stones in their lives. About Ascensus: We are the largest independent recordkeeping services partner, third-party administrator, and government and health savings facilitator in the United States. We re also one of the savings plan industry s leading providers of outsourced services. Our combination of purpose-built technology and deep expertise enables our partners to deliver industry-leading solutions that help people save for what matters: retirement, education, and healthcare. We support qualified retirement plans and Individual Retirement Accounts (IRAs) through partnerships with top financial institutions, banks, credit unions, and advisors. About Ascensus (India) - We have great growth strategy and looking forward to development and achieve organization objectives. We are setting an Operations in Hyderabad and looking at growth prospects. We have loans and distributions, Compliance (DC) and Defined Benefit Process in India currently. We are also looking to grow in other departments as well. Roles & Responsibility: Conduct benefit calculations for pension plans. Performs special actuarial projects as assigned. Draft data requests, perform data analysis and assess inconsistencies Prepare valuation data using Excel or Software application Perform detailed actuarial gain/loss analysis and analyze changes in the liability Determine valuation assumptions, apply/update on valuation system Prepare valuation reports, Government Forms for regulatory reporting. Assist with other special ad hoc projects. Assist junior team members in their work and help grooming them Review work completed by junior colleagues Think critically about process flow, identify opportunity/gaps to streamline/improvement and take lead. Involve in work transition, help develop training materials and deliver training to team members. Education and skill Requirement: Bachelor s degree in Actuarial Science/Statistics/Mathematics with 60%+ marks Actuarial exam progress will be an advantage Would be able to manage a team and train the Juniors Excellent communication and problem-solving skills Excellent cognitive ability, analytical skills, organization, and recall Ability to work in a fast-paced environment Ability to adapt to changes in the work environment Flexibility in work culture (Example - She/he should be flexible in Day/Night shift based on business requirement) Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ascensus.com or @futureplan.com email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting, we strongly encourage you to apply directly through our website. For all virtual remote positions, in order to ensure associates can effectively perform their job duties with no distractions, we require an uninterrupted virtual work space and there is also an expectation of family care being in place during business hours. Additionally, there is an internet work speed requirement of 25 MBps or better for individual use. If more than one person is utilizing the same internet connection in the same household or building, then a stronger connection is required. If you are unsure of your internet speed, please check with your service provider. Note: For call center roles specifically, it is a requirement to either hardwire your equipment directly to the internet router or ensure your workstation is in close proximity to the router. Please ensure that you are able to meet these expectations before applying. At Ascensus, we aspire to make a difference for others. We are a technology-enabled services company that helps people save for a better future through our network of institutional, financial advisor, and state partners. Our culture is guided by sound principles, is committed to high standards, operates with transparency, and welcomes diversity housed within our Core Values: People Matter. Quality First. Integrity Always. Ascensus provides equal employment opportunities to all associates and applicants for employment without regard to ancestry, race, color, religion, sex, (including pregnancy, childbirth, breastfeeding and/or related medical conditions), gender, gender identity, gender expression, national origin, age, physical or mental disability, medical condition (including cancer and genetic characteristics), marital status, military or veteran status, genetic information, sexual orientation, criminal conviction record or any other protected category in accordance with applicable federal, state, or local laws ( Protected Status ). Tweet
Posted 2 months ago
6 - 10 years
9 - 10 Lacs
Mumbai
Work from Office
1. Business planning Identify potential locations in assigned geographical locations & recruit right team members to develop business ( IMD recruitment , partner tie-ups ) generated from the location. Design business plan for driving sales and achieving set topline and bottom-line targets for VO locations being managed Provide team members the required support in terms of guidance on business matters/ solutions for challenges faced etc. to ensure that they are equipped to deliver targets while optimizing turnaround time Drive business for the assigned cluster by leveraging on functional run campaigns , incentive plans to ensure team exhibit right behavior & to increase number of customers converted in markets managed 2. Intermediary & Relationship Management Identify focus areas/ target customer segments for team members / key intermediaries and guide them to maximize revenue generated from identified target segments including cross sell and resolve business issues, if any Analyze performance of team members in various LOB s and enable development of product portfolios for them accordingly to ensure maximization of lead/ revenue generated by each team member. Provide inputs to training team & central support team in designing and driving campaigns/ trainings programs for team members to develop their knowledge of specialized products (like cyber and home etc.) and enhance their sales capabilities Guide new team members in VO launch activities at respective locations to increase visibility of BAGIC & open avenues of new business acquisition. Design and run engagement/ recognition programs for intermediaries to ensure they are appropriately incentivized and motivated to drive business for BAGIC Manage relationship with key intermediaries , channel partners ( Banca , Motor Dealer ) to understand their requirements, resolve any challenges faced by them and keep them engaged to drive high sales and business Provide input to zone head in design of new products/ revisions required in existing products basis feedback from intermediaries / Channel Partners (based on their market understanding) 3. Team Review, Monitoring & Support Review functional metrics and quality of portfolio across each agent segment and support the team with actuarial and underwriting inputs to improve the quality of portfolio Ensure every team member is visited at respective location twice a month & key IMD s / channel partners met during location visit to discuss business development & address issues / concerns, if any Ensure all team members are registering requisite sales call / meetings through Goal Sheet application & monitor quality of sales meetings registered & share feedback with team members. Ensure Non Motor & renewal portfolio is as per the desired metrics to maintain cost of acquisition of business Provide guidance to all team members to course correct in case of deviations from planned targets Present business status to zone head / NHOD during periodic reviews Address operational issues , policy issuance support , EezeTab concerns, interdepartmental conflicts raised by team members to ensure seamless business acquisition. 4. Team Development Identify the right talent for various positions within team to ensure creation of engaged team Enable training needs identification and ensure periodic trainings for all stakeholders - team members, agents etc. to ensure everyone is up to date with product and process advancements Oversee rewards and recognition within team to ensure engagement and reinforcement of right behaviors among employees and agents Establish individual performance expectations and evaluation metrics, and regularly review individual performance Identify and create development opportunities for team members to enhance functional knowledge
Posted 2 months ago
2 - 5 years
7 - 11 Lacs
Gurgaon
Work from Office
id="job_description_1_0"> Description As a Senior Analyst or Lead Associate in the Retirement Consulting business in India, you will be an integral part of project teams conducting / Reviewing actuarial valuations of employee benefit provisions for corporate clients. Additionally, you will contribute to special projects involving the design, strategy, and implementation of broader employee benefit plans. Your clients will include both subsidiaries of global corporations and large Indian enterprises, offering exposure to diverse business environments and regulatory frameworks. You will work closely with senior consultants and experienced actuaries, who will mentor and guide you enhancing your technical expertise, deepening your understanding of employee benefits, and honing your client-facing and consulting skills. This role provides a dynamic learning experience, equipping you with the knowledge and skills to navigate complex actuarial challenges and deliver impactful solutions in the evolving employee benefits landscape THE ROLE The complexity, costs and risks associated with employee benefits pose an increasing threat to business performance. Yet competitive and well-structured benefits remain crucial for attracting, retaining, and engaging top talent. As the #1 Retirement Consulting Brand in India, Willis Towers Watson helps organizations develop enterprise-wide strategies for optimizing employee benefits balancing cost efficiency with employee needs. Our Retirement team has deep expertise in actuarial valuations, benefit design, and regulatory consulting. We work closely with corporate clients, regulators, and government bodies, including the Pension Fund Regulatory and Development Authority (PFRDA), shaping the future of retirement and social security in India. This role presents a unique opportunity to work alongside experienced client-facing consultants and Indias largest team of qualified actuaries. Role Overview: As a Senior Actuarial Analyst, you will play a key role in delivering actuarial and retirement consulting solutions to corporate clients. Your responsibilities will include: Actuarial Valuations & Financial Reporting: Conduct / Review actuarial valuations for employee benefits under relevant Indian and international accounting standards (Ind AS 19, IAS 19, US GAAP, etc. ), including: Gratuity, Leave Encashment, Long term awards, Provident Fund, Pension, Post-Retirement Medical etc. Plan Design & Cost Modelling: Advise companies on optimal employee retirement plan structures by modelling future costs, conducting risk assessments, and benchmarking against industry best practices. Strategic Advisory & Transactions: Support Mergers & Acquisitions (M&A) due diligence by assessing employee benefit liabilities and integrating retirement plans post-merger. Client & Stakeholder Collaboration: Work closely with clients, internal stakeholders, and cross-functional teams to deliver high-impact solutions that align with business objectives. Process Improvement & Automation: Identify opportunities to streamline actuarial processes, improve modelling techniques, and leverage technology for enhanced efficiency Performance Objectives [HA1] Clients Work on all stages of an actuarial valuation- from validating data received from the client to liability calculation with the final step of reporting results to the client in the form of actuarial reports. Switch between a doer and a reviewer depending on the need and requirement of a project. Liaising and coordination with clients, including face to face client meetings Gain deep understanding of the Indian and International accounting standards and technical aspects associated with benefits consulting in India Support in Special Projects which involve plan design, restructuring of employee benefit schemes and other areas of general consulting Support in Special Projects which involve plan design, restructuring of employee benefit schemes and other areas of general consulting Manage medium to large sized clients independently - Creating project plans, Monitoring progress to deadlines and budget. Ensuring appropriate and effective communication with clients and internal team members. Excellence Work collaboratively with other colleagues and consultants to meet client expectations Solid technical abilities on Excel and PowerPoint. Increase efficiency within client teams by identifying ways to improve processes Develop a strong understanding of the retirement benefit plans and industry and become familiar with the overall benefits environment in India Seek and participate in key learning and development opportunities/maintain steady progress through actuarial exams Manage time effectively between multiple assignments at a time Adhere to all predefined steps while carrying out the work ensuring Willis Towers Watson Excellence quality model. People Build strong relationships internally and collaborate effectively on cross-functional teams Demonstrate natural ease and effectiveness when dealing with clients/colleagues at all levels Conduct technical training for junior analysts and interns Financials Meet individual chargeable hours targets Qualifications The Requirements Experience working on Pension and Employee Benefit domain (preferably in Indian Market) Bachelor s degree in Commerce, Economics, Mathematics, Statistics, Business, any Engineering or an analytical subject Pursing actuarial science and given relevant actuarial papers Strong written and verbal communication skills Ability to manage multiple projects and manage time effectively Good analytical and research capabilities with the ability to challenge conventional thinking Self-driven achiever with a value for teamwork, collaboration, decisiveness, and integrity Proactive approach to meeting clients needs. Conceptual; ability to go beyond the details and see the big picture Ability to think beyond the task at hand and understand how work fits into the broader landscape. Evidence of good interest in relationship building and client management skills Excellent Microsoft Office skills, particularly in Excel and Powerpoint. Ability to respond to all communications effectively and in a timely manner Flexibility and proven ability to identify and resolve issues. Equal Opportunity Employer [
Posted 2 months ago
5 - 11 years
7 - 13 Lacs
Chennai, Pune, Delhi
Work from Office
Rate Analyst/Product Configuration Analyst Job Summary: Are you a problem solving person with an analytical mind and good writing skills? Do you enjoy working with people? Ideal candidates have excellent organizational skills and time management abilities to prioritize and meet multiple deadlines. DRC is looking for recent graduates that are energetic, fast learning, and qualified to join our team. At DRC, we help our clients solve their complex business challenges by creating solutions that streamline their operations, increase their speed to market, and reduce their overall cost of ownership. Our teams are responsible for working with clients to analyze their daily operational workflow and recommending areas that can be optimized to increase efficiency, minimizing duplicate efforts and reducing the project timeline. Responsibilities: Analyzing client s business functions in order to develop new or modified information processing systems Review insurance carrier rate filings and derive rating calculations that are loaded in to Excel spreadsheets Developing or assisting with coordinating, and implementing plans to test business and functional processes during system development and quality assurance testing Creating or assists others in the writing of user documentation, instructions and procedures Other Duties as Assigned Requirements : Bachelors degree in the following fields or relevant job experience Technology: Computer Science, Software/Computer Engineering, MIS Business: Actuarial, Insurance, Finance, Business, Operations, Accounting Technical aptitude and interest Detail Oriented Independent, self-motivated with a drive to succeed Strong verbal and written communication skills and business and technical expertise to be proficient in communicating business and technical requirements Analytical/problem solving experience with complex business problems Experience using Microsoft products, Proficiency in Excel is required Willingness to travel
Posted 2 months ago
3 - 5 years
6 - 7 Lacs
Noida
Work from Office
Description and Requirements The Team You Will Join GOSC PPM team is an extension of PPM stateside team supporting Enterprise functions with the delivery of key strategic initiatives. This position requires actively participating with cross-functional teams across MetLife global offices and providing end to end support for Project Management PPM Administrative activities in close partnership with Program Project Managers The Opportunity Prepare Management reports / dashboard view Drive and execute strategic projects across multiple geographies closely working with Program stateside stakeholders and various teams in, IT, Actuarial, country/regional stakeholders, investment, finance etc. all from PPM perspective Ensure projects are completed in accordance with all Risk, and other relevant firm-wide Guidelines Be able to govern, track maintain baselined project plans, working closely with regional stakeholders Monitor projects on an ongoing basis, evaluating progress and quality, managing issue resolution process and raising issue/risks as necessary RAID Log Maintenance Preparing weekly status report for respective regions, working on late items and forward-looking view (on upcoming tasks due) Monitoring tasks on Critical Path of the project/program Scheduling / Hosting / drafting minutes and Publishing minutes for various meetings within the stipulated 24 hour SLA How You ll Help Us Build a Confident Future (Key Responsibilities) Good Analytical and Problem-Solving skills Basic understanding of Project Management Concepts and Project Life cycle (preferred) Good understanding of MS-Office including MS-Excel, MS PowerPoint and MS word Basic understanding of MS Project (intermediate knowledge preferred) Effective written and oral communication skills, including the ability to clearly communicate/articulate technical and functional issues with conclusions and recommendations Should be good in excel reporting (knowledge of graphs, pivots, macros, VLOOKUP, etc. is an advantage) Experience managing/working with geographically distributed and culturally diverse workgroups with strong intra-team management and coaching skills Ability to develop and maintain robust relationships with peers and stakeholders Conflict Resolution skills What You Need to Succeed (Required Qualifications) Overall, 4-5 years of experience preferred with 3 years of experience in projects Good Analytical and Problem-Solving skills Basic understanding of Project Management Concepts and Project Life cycle (preferred)
Posted 2 months ago
14 - 16 years
45 - 55 Lacs
Noida
Work from Office
Description and Requirements Actuarial Services
Posted 2 months ago
14 - 16 years
45 - 55 Lacs
Noida
Work from Office
Description and Requirements This is a role in Global Actuarial Modeling (GAM) for the EMEA Region. GAM is a part of Actuarial Resources which sits within Finance Management Group (FMG). GAM is responsible for delivering robust and scalable actuarial modeling solutions in accordance with enterprise regional objectives. GAM plays a crucial role in generating accurate and timely numbers which become part of our overall financials. These financials are submitted to various external and internal stakeholders like the SEC in USA, Central Bank of Ireland, other regulators, senior management and MetLife s board. Our financial results are key to measuring performance against targets and company strategy, as well as in shaping the strategy for future. GAM s work generates key analyses helping business to review the performance from different angles and in taking necessary actions. This role is responsible for managing GAM priorities for the EMEA region, focussing on Europe. This involves: Collaborating with the EMEA Actuarial teams and IT partners to develop and run actuarial models Defining input data requirements to support country specific reporting requirements. Working within the Global Actuarial Modeling team to produce and deliver actuarial results for regional MetLife customers. Principal responsibilities of the role: Oversee modelling efforts and engaging with business customers. Build models in line with MetLife s Global Actuarial Modeling Prophet coding standards. Perform testing activities to provide quality assurance to the customer. Support production activities to deliver actuarial results to satisfy various reporting exercises and various financial impact assessments. Support GAM priorities to deliver on regulatory imperatives like IFRS17 or LDTI as applicable Key performance indicators (KPIs) of position: Error-free preparation of financial reports to required timescales and relevant actuarial standards Execution of data validation and completeness checks Contributing towards building a culture of collaboration, engagement, and trust while supporting the professional development of team members Ensuring open communication across teams in various functions and geographies. Taking demonstrable ownership of work; clearly flagging any issues and goal delivery concerns to senior leadership team. Essential Experience, Skills and Competencies: Nearly/newly qualified actuary from a recognized profession or qualified by suitable experience. Proficient in modelling in Prophet Experience in developing Prophet models for either Solvency II/Economic Capital or Embedded Value. Ability to find solutions within agreed timescales Excellent ability to communicate in English, (both written and verbal) Knowledge of financial reporting in Solvency II, IFRS, Economic Capital and Embedded Value. Good business acumen Advantageous skills and experience: An understanding of actuarial reporting software such as Prophet Knowledge of other modelling platforms including Pathwise, Polysystems Knowledge of programming in Python, VBA or other mainstream languages
Posted 2 months ago
7 - 12 years
10 - 12 Lacs
Noida
Work from Office
Description and Requirements Knowledge, Skills and Abilities Graduate in Accounting / Commerce / Business Administration with at least 15 years of education. 4 years of work experience with exposure to accounting and reconciliation is required as an associate. Experience required in accounting and reconciliation tools , tool administration experience is preferred. Power BI/Alteryx/Lean Background is preferred. General Good computer navigation skills Good keyboarding speed Good knowledge of complete MS Office suite Process - Technical Experience in various Reconciliation processes like Investments, Intangible Assets, Tax, Actuarial, Payables Receivables, Cash, Suspense, Inter Company etc. Understanding of Balance Sheet Certification, Variance analysis Working knowledge on Accounting, Reporting and Reconciliation applications like Cadency, Essbase, HFM, Oracle PeopleSoft GL, Frontier and CUBUS. Knowledge of Lean principles and CMMI is preferred. Process - Communication Skills Communication skills, Team communicates with MetLife employees at all levels including Controllers Should be able to read, interpret business documents and possess excellent oral/written communication skills Should be able to initiate and respond to unscripted oral / written communication Good knowledge of on Accounting, Reporting and Reconciliation applications (for e.g. Cadency, Blackline, Oracle Account Reconciliation Cloud Services etc.), Essbase, HFM, Oracle PeopleSoft GL, and CUBUS. Knowledge of Lean principles and their application is preferred.
Posted 2 months ago
7 - 10 years
15 - 16 Lacs
Noida
Work from Office
Description and Requirements Responsible for the SII quarterly and annual reporting. Responsible for the analysis of SCR, MCR and Risk Margin. Support in the preparation of production related files and controls. To understand and provide a resolution to queries raised by analysis and ensuring timely closure of responses. Provide support to analysis teams by providing requisite information. Timely and accurate reporting for SII. To understand the tools completely and comply with changes when needed. Provide support to development team in End to End testing of all the SII production tools and Datawarehouse development. Responsible for understanding SII regulation and implementing the new regulatory requirement in our production process. Provide support in all the audit related activities. Develop strong working relationships and strategic partnerships with internal clients to ensure a high degree of customer satisfaction. Assist development team to support in all development activities and ensure critical focus on smooth SII actuarial valuation throughout the course of the reporting year.
Posted 2 months ago
5 - 7 years
22 - 27 Lacs
Noida
Work from Office
Description and Requirements Growth ID- 2024-11-046 T Summary of Position Responsibiliti es: The Global Actuarial Modeling team is responsible for delivering actuarial modeling solutions in accordance with enterprise regional objectives by building and maintaining robust, scalable actuarial solutions, whilst adhering to MetLife s actuarial coding and practice standards. This role is responsible for working within the US Modeling team to develop and deliver actuarial models for internal MetLife customers. This will involve: Collaborating with the US Actuarial team and IT partners to develop Prophet models Defining input data requirements to support country specific reporting requirements. Working within the Global Actuarial Modeling team to produce and deliver actuarial results for regional MetLife customers. Direct Reports (number titles) None Indirect Reports (number titles) n/a Key working relationships Actuarial Team Leader; CFO; Global Actuarial Modeling; IT Departments supporting the modelling environment; Product. Budgetary responsibility None Profit / Earnings responsibility None Principal Accountabiliti es of Position: Key Responsibiliti es: Develop multi-use Prophet models to support reporting for: Cash Flow Testing Embedded Value GAAP Risk Based Capital Economic Capital Asset Liability Management Work with customer to test, analyze, and quantify impacts of model changes Support production model runs in controlled environment to reduce model risk Actively engage with business partners across the organization to improve our reporting processes Key Performance Indicators (KPIs) of Position: Preparation of financial reports to required timescales and relevant actuarial standards; Execution of second-line data validation and completeness checks to required actuarial and audit standards. Contribute towards building a culture of collaboration, engagement, and trust while supporting the professional development of team members Ensure open communication across teams in various functions and geographies. Take demonstrable ownership of work; clearly flagging any issues and goal delivery concerns to senior leadership team. Essential Experience, Skills and Competencies: Essential experience, skills and competencies: Nearly/newly qualified actuary from a recognized profession or qualified by suitable experience. 5-7 years of actuarial experience Experience developing actuarial models in Prophet or similar system Excellent ability to communicate in English, (both written and verbal) Aptitude for finding creative solutions to problems, challenge preconceptions Good business acumen Advantageous skills and experience: An understanding of actuarial reporting software such as Prophet and a good ability to program in various mainstream languages. Knowledge of other modeling platforms, for example MoSes, MG ALFA, etc. or strong programming skills (mainly VB, VBA, C++) Knowledge of financial reporting in Cash Flow Testing, Economic Capital, and Embedded Value. ...Less
Posted 2 months ago
7 - 10 years
15 - 16 Lacs
Noida
Work from Office
Description and Requirements The Team You Wil l Join Job opening is for Solvency II actuarial reporting team which sits in MetLife Noida office The Opportunity The Actuarial Lead role involves being a part of the Actuarial process involved in Solvency II reporting for MetLife Europe region. It requires performing various production and development activities for quarterly SII reporting. Ensure timely reporting as per regulatory standards and accuracy. Nurture resources in the talent pool for the mentioned reporting team. Responsibility Engagement with various teams to present coordinate and implement the reporting. Execute quarterly valuation and corresponding analysis SCR Calculation using Standard Formula methodology Base Stress BEL analysis Quarterly QRT production and analysis Implement any changes in process and regulation on an ongoing basis Validation of the various cashflow models used in the process Support the built of the long-term reporting infrastructure. Meticulous planning and stakeholder management Develop strong working relationships and strategic partnerships with internal clients Assisting other team members in various tasks with his/her technical knowledge. Ensure complete documentation for all activities. Skill Set Technical Skills Strong skills with Excel, Solvency II, Regulatory reporting Experience and knowledge of European and Middle Eastern insurance products Process Specific Skills Knowledge on Life insurance business and Insurance markets Ability to identify and value risks inherent in a product Ability to draft reports Ability to work in a team taking own initiative and consulting with others as appropriate Interact and build relations with various functions involved Soft Skills (Mandatory) Strong oral and written communication skills Attention to detail Keen to learn Ability to work accurately and independently under tight time frames with a sense of urgency Strong team working skills
Posted 2 months ago
7 - 12 years
30 - 35 Lacs
Pune, Bengaluru
Work from Office
Key responsibilities Work closely with the broader team do define and execute EDA road map Integrated solution for business based on data driven insights and strategies. Perform advance Statistical and Machine learning modelling exercise to develop descriptive/ predictive/ prescriptive models Perform data visualization and reporting for effective communication of insights generated by modelling exercises Develop basic database queries for data extraction Ability to communicate models and analysis in a clear and precise manner. Promote new learning and technique in the field of Data Science and its application in Insurance. Perform peer reviews and ideation sessions. Experience & Qualifications Bachelor and/or Masters in Statistics/Economics/Operations Research from Tier 1 colleges. Experience of 7-10 years of data science experience with alteast 4-6 years of experience in life insurance experience in model development, validation, and implementation with atleast 4 years of Insurance Experience Hands-on experience with R and/or Python for hypothesis testing, statistical modelling and Machine learning. Actuarial Exams is a plus Proven track record on algorithm development for business problems. Understanding of common algorithms like GLM, Decision Trees, Random Forests, XGBoost and Time Series Excellent communication and interpersonal skills, with the ability to explain complex algorithms to nontechnical stakeholders.
Posted 2 months ago
5 - 10 years
8 - 13 Lacs
Mumbai
Work from Office
Monthly and quarterly calculation of Embedded Value, Value of New business, expense overruns, and Analysis of Embedded Value. Tracking of competitors KPls Analysis of KP ls with the expected results Assist in the calculation of Economic Capital and RBC Modeling/Testing new blocks of business on Prophet Finding ways to automate processes to improve the teams efficiency Explaining results and responding to stakeholders queries Other one-off actuarial requirements/ projects Support the team leader/Appointed Actuary in preparing and presenting actuarial reports to the companys management and external stakeholders Mentoring juniors/other actuarial team members in the team on a day-to-day basis Actuarial Papers cleared with a minimum 5 years of experience Job Summary
Posted 2 months ago
5 - 7 years
19 - 24 Lacs
Mumbai
Work from Office
We are MG Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited) . We are a fully owned subsidiary of the MG plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. At MG our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns. MG Global Services has rapidly transformed itself into a powerhouse of capability that is playing an important role in MG plc s ambition to be the best loved and most successful savings and investments company in the world. Our diversified service offerings extending from Digital Services (Digital Engineering, AI, Advanced Analytics, RPA, and BI Insights), Business Transformation, Management Consulting Strategy, Finance, Actuarial, Quants, Research, Information Technology, Customer Service, Risk Compliance and Audit provide our people with exciting career growth opportunities. Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent. Design and deliver programs to multi-level audiences across different training requirements (including senior leadership). Execute a learning and development roadmap aligned with the organization s goals and growth objectives (local and global). Undertake a training needs analysis to diagnose prioritised capability needs across all levels of the organisation. Execute plans at pace to implement quality learning solutions to address prioritised needs that deliver clear business impact and an exceptional learner experience. Implement compelling campaigns that inspire colleagues to grow and develop, optimising available learning solutions - including digital. Manage external partner relationships. Evaluate the return on investment (ROI) of solutions, driving continuous improvements. Use the learning management systems (LMS) and other technologies to streamline training processes and drive continuous improvements. Collaborate with both local and global stakeholders (including senior leadership, HR, user groups) showing up as a leader and ambassador for both HR and Global People Development, role modelling MG values and behaviours. Use external thought leadership, data and customer feedback to generate insights and drive future performance. Manage project and programs, achieving objectives, key milestones and results. Embed global skills taxonomies, leadership frameworks, and other frameworks locally. Knowledge Skills: Strong verbal and written communication skills. Experience and knowledge of design, delivery and evaluation of learning solutions - including virtual and digital. Highly collaborative and autonomous working style with a clear focus on delivering outcomes. Proactive self-starter combined with a clear need to achieve the highest quality outcome. Strong analytical and conceptual reasoning skills. Connected to the external market to understand best practice and bring in appropriate solutions for MG plc colleagues. Technical experience of optimising internal communication channels, digital learning platforms and learning management systems to deliver an exceptional learner experience. Use data to generate insights to drive future performance. Experience: 5-7 years Educational Qualification: Preferred MBA in HR Prior experience in Learning Development We have a diverse workforce and an inclusive culture at MG Global Services, regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.
Posted 2 months ago
1 - 3 years
7 - 11 Lacs
Mumbai
Work from Office
We are MG Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited) . We are a fully owned subsidiary of the MG plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. At MG our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns. MG Global Services has rapidly transformed itself into a powerhouse of capability that is playing an important role in MG plc s ambition to be the best loved and most successful savings and investments company in the world. Our diversified service offerings extending from Digital Services (Digital Engineering, AI, Advanced Analytics, RPA, and BI Insights), Business Transformation, Management Consulting Strategy, Finance, Actuarial, Quants, Research, Information Technology, Customer Service, Risk Compliance and Audit provide our people with exciting career growth opportunities. Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent. Calendar Management Inter-office coordination for day to day Office Management Setting up and organize Meetings, Interviews, team events Adhere to stipulated timelines, ensure that meetings, events, are conducted in a smooth manner Ensure that the supervisor s skip meetings, 1:1 with direct reports are scheduled on a regular and timely basis Accurate timely preparation of claims/reimbursements Co-ordinate for booking issue of tickets, hotels Co-ordinate for issuance of forex and travel insurance Manage visitors agenda Prepare meeting agendas, and take minutes during meetings Be a part of the LT, ELT meetings - take minutes, follow up on open actions with respective teams Assist team in MI reporting and dashboards We have a diverse workforce and an inclusive culture at MG Global Services, regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.
Posted 2 months ago
12 - 15 years
35 - 40 Lacs
Kolkata
Work from Office
Business planning for Motor Agency PLanning for Locations wise Manpower/ Budgets basis Market Mapping Hiring and On Boarding of Teams including SH / CH / RM s Training and Hand Holding plan/ models Identify potential locations in assigned geographical locations recruit right team members to develop business ( recruitment , partner tie-ups ) generated from the location. Design business plan for driving sales and achieving set topline and bottom-line targets for locations being managed Provide team members the required support in terms of guidance on business matters/ solutions for challenges faced etc. to ensure that they are equipped to deliver targets while optimizing turnaround time Drive business for the assigned cluster by leveraging on functional run campaigns , incentive plans to ensure team exhibit right behavior to increase number of customers converted in markets managed Intermediary Relationship Management Identify focus areas/ target customer segments for team members / key intermediaries and guide them to maximize revenue generated from identified target segments including cross sell and resolve business issues, if any Analyze performance of team members in various and enable development of product portfolios for them accordingly to ensure maximization of lead/ revenue generated by each team member. Provide inputs to training team central support team in designing and driving campaigns/ trainings programs for team members to develop their knowledge of specialized products (like indemnity , non-indemnity travel.) and enhance their sales capabilities Orient new teams members with functional initiatives , business enabler inputs , incentive plans , distribution strategy , digital platforms for wider reach to build distribution team within 15 days of joining. Design and run engagement/ recognition programs at local level for intermediaries to ensure they are appropriately incentivized and motivated to drive business for Company. Approve Business Partners onboarding , as proposed / identified by team member , based on the standard profile business potential. Manage relationship with Business Partners to understand their requirements, resolve any challenges faced by them and keep them engaged to drive high sales and business Plan business development activities to attract customer segments like planning sales activity at corporates, housing societies, health camps, by collaborate internally with concerned teams externally with appropriate authority for approvals to enable sales team to execute plan. Provide input to zone head in design of new products/ revisions required in existing products basis feedback from intermediaries / Channel Partners (based on their market understanding) Team Review, Monitoring Support Review functional metrics and quality of portfolio across each agent segment and support the team with actuarial and underwriting inputs to improve the quality of portfolio Ensure every team member is visited at respective location twice a month key Business Partners met during location visit to discuss business development address issues / concerns, if any Ensure all team members are registering requisite sales call / meetings through Goal Sheet application monitor quality of sales meetings registered share feedback with team members. Provide guidance to all team members to course correct in case of deviations from planned targets Present business status to zone head / NHOD during periodic reviews Address operational issues, policy issuance support , Business Partners concerns, interdepartmental conflicts raised by team members to ensure seamless business acquisition. Team Development Identify the right talent for various positions within team to ensure creation of engaged team Enable training needs identification and ensure periodic trainings for all stakeholders - team members, agents etc. to ensure everyone is up to date with product and process advancements Oversee rewards and recognition within team to ensure engagement and reinforcement of right behaviors among employees and agents Establish individual performance expectations and evaluation metrics, and regularly review individual performance Identify and create development opportunities for team members to enhance functional knowledge
Posted 2 months ago
3 - 8 years
22 - 27 Lacs
Bengaluru
Work from Office
Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them. Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself. The Lead Analyst Actuarial Modeling will work with MG-ALFA and GGY AXIS systems actuarial valuation models to generate financial results and analysis. The Lead Analyst will bring actuarial valuation/modeling/experience studies technical and systems expertise. The successful candidate will be a highly motivated, organized, and demonstrated expertise with applicable systems and data. ESSENTIAL FUNCTIONS: • Builds, maintains, and runs complex actuarial models. • Ensures compliance with department policies, actuarial standards, and applicable regulations. • Executes and documents support for key management internal controls. • Prepares GGY-AXIS / MG-ALFA results reports and financial analyses in support of financial and regulatory reporting. • Required to support or take lead on the experience studies projects. • Tools/Solution/Analysis development using Alteryx, SQL, and Excel VBA. • Subject matter expert (SME) in GGY AXIS and MG-ALFA valuation/modeling/experience studies. • Contribute towards team’s skill development. QUALIFICATIONS: • Bachelor's/master’s degree in actuarial science, statistics, math’s or equivalent is required. • At least 5 actuarial exam credits. • Good actuarial exam progress. Required skills and competencies: • Has conceptual knowledge of actuarial systems and transferring skills to processes. • Working knowledge of internal controls and model documentation • Can design solutions for actuarial model or data process issues. • Advanced proficiency in MS Office including Excel, Access, and VBA. • Strong communication skills. • Ability to produce complex results and provide initial analyses. • Identifies and participates in implementing improvements. • Demonstrates strong work ethic and personal accountability • Builds collaborative and cooperative relationships. • Adjusts to changing events and priorities; displays a positive approach; focuses energy on determining possibilities. • Makes decisions within guidelines, controls, and policies that impact priorities and allocation of time to meet deadlines. • Manages costs (time) related to work. Required Experience: • 5-8 years of actuarial services experience. • Experience of working on risk/financial/actuarial Modeling using any actuarial software such as GGY-AXIS and MG-ALFA. Working knowledge of Alteryx workflow and Excel VBA will be an added advantage. • Work shift timing is 1:30 PM TO 10:30 PM, Indian Standard Time. We are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age, race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law.
Posted 2 months ago
12 - 22 years
25 - 40 Lacs
Chennai, Hyderabad
Work from Office
Ascensus has an exceptional leadership role to join our dynamic and rapidly growing organization. Were looking for an accomplished leader with the technical expertise that complements our dedication to delivering exceptional quality with a customer-centric approach. As an Actuary Manager, you will have the incredible opportunity to lead a sizable actuarial team, supporting US actuaries and consultants. Imagine working directly with seasoned professionals, gaining invaluable insights and experience. This role offers you the chance to be at the forefront of transitioning actuarial work, collaborating with internal teams, and engaging in pension actuarial services across single employee, mid-sized, and large-sized pension plans. Our teams benefit from our comprehensive study policy, supporting your career journey to obtain actuarial credentials through IAI, IFOA, SOA, and ASPPA. With our structured training to ensure your readiness, you will also gain expertise in integrating and managing DB plans within broader retirement products and strategies across our organization. ***We are hiring one Manager for our Hyderabad location and one Manager for our Chennai location. We are providing relocation assistance*** Roles & Responsibility: Motivate, lead and support team members to provide excellent customer service and help transition work from onshore, training team members Coordinate with processes and procedures with other managers to provide consistent professional services across teams. Develop staffing strategies for appropriate allocation of resources to meet business needs and client service commitments/objectives. Prepare valuation data using Excel or ProVal Perform detailed gain/loss analysis and write commentaries Code, update ProVal to program assumptions and benefits related changes Update report writer tool using summary of results from ProVal Prepare valuation reports for full valuations and interim valuations Act as reviewer for the team and manage team activities on daily basis Education and skill Requirement: Bachelors degree in Actuarial Science/Statistics/Mathematics with 60%+ marks At least 5-7 Actuarial exam pass will be an advantage Proven Project Management Skills Coordinate the successful training and instruction of new associates Excellent communication and problem-solving skills Ability to work in a collaborative team environment, ask right questions, and seek help when appropriates Flexibility in work culture (Example – She/he should be flexible in Day/Night shift based on business requirement) Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ascensus.com or @futureplan.com email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting, we strongly encourage you to apply directly through our website. For all virtual remote positions, in order to ensure associates can effectively perform their job duties with no distractions, we require an uninterrupted virtual work space and there is also an expectation of family care being in place during business hours. Additionally, there is an internet work speed requirement of 25 MBps or better for individual use. If more than one person is utilizing the same internet connection in the same household or building, then a stronger connection is required. If you are unsure of your internet speed, please check with your service provider. Note: For call center roles specifically, it is a requirement to either hardwire your equipment directly to the internet router or ensure your workstation is in close proximity to the router. Please ensure that you are able to meet these expectations before applying. At Ascensus, we aspire to make a difference for others. We are a technology-enabled services company that helps people save for a better future through our network of institutional, financial advisor, and state partners. Our culture is guided by sound principles, is committed to high standards, operates with transparency, and welcomes diversity—housed within our Core Values: People Matter. Quality First. Integrity Always.® Ascensus provides equal employment opportunities to all associates and applicants for employment without regard to ancestry, race, color, religion, sex, (including pregnancy, childbirth, breastfeeding and/or related medical conditions), gender, gender identity, gender expression, national origin, age, physical or mental disability, medical condition (including cancer and genetic characteristics), marital status, military or veteran status, genetic information, sexual orientation, criminal conviction record or any other protected category in accordance with applicable federal, state, or local laws (“Protected Status”).
Posted 2 months ago
9 - 12 years
20 - 30 Lacs
Chennai, Hyderabad
Work from Office
Ascensus is looking for actuarial professionals who possess the technical expertise in US pensions that align with our commitment to delivering exceptional quality through a customer-centric approach. Youll have an enriching experience collaborating with seasoned professionals and gaining invaluable insights and experience in the retirement industry. Our teams are empowered by our comprehensive study policy, designed to support your career journey in obtaining actuarial credentials through IAI, IFOA, SOA, and ASPPA. With our structured training programs, you will be well-prepared to integrate and manage Defined Benefit plans within broader retirement products and strategies across our organization. Joining Ascensus means embracing a unique opportunity to grow professionally, having work-life balance, and a place you can bring your whole self to work every day. We look forward to welcoming you to contribute to our success and make a meaningful impact to our noble purpose helping people save for those important miles stones in their lives. About Ascensus: We are the largest independent recordkeeping services partner, third-party administrator, and government and health savings facilitator in the United States. Were also one of the savings plan industry’s leading providers of outsourced services. Our combination of purpose-built technology and deep expertise enables our partners to deliver industry-leading solutions that help people save for what matters: retirement, education, and healthcare. We support qualified retirement plans and Individual Retirement Accounts (IRAs) through partnerships with top financial institutions, banks, credit unions, and advisors. About Ascensus (India) – We have great growth strategy and looking forward to development and achieve organization objectives. We are setting an Operations in Hyderabad and looking at growth prospects. We have loans and distributions, Compliance (DC) and Defined Benefit Process in India currently. We are also looking to grow in other departments as well. Roles & Responsibility: Conduct benefit calculations for pension plans. Performs special actuarial projects as assigned. Draft data requests, perform data analysis and assess inconsistencies Prepare valuation data using Excel or Software application Perform detailed actuarial gain/loss analysis and analyze changes in the liability Determine valuation assumptions, apply/update on valuation system Prepare valuation reports, Government Forms for regulatory reporting. Assist with other special ad hoc projects. Assist junior team members in their work and help grooming them Review work completed by junior colleagues Think critically about process flow, identify opportunity/gaps to streamline/improvement and take lead. Involve in work transition, help develop training materials and deliver training to team members. Education and skill Requirement: Bachelor’s degree in Actuarial Science/Statistics/Mathematics with 60%+ marks Actuarial exam progress will be an advantage Would be able to manage a team and train the Juniors Excellent communication and problem-solving skills Excellent cognitive ability, analytical skills, organization, and recall Ability to work in a fast-paced environment Ability to adapt to changes in the work environment Flexibility in work culture (Example – She/he should be flexible in Day/Night shift based on business requirement) Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ascensus.com or @futureplan.com email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting, we strongly encourage you to apply directly through our website. For all virtual remote positions, in order to ensure associates can effectively perform their job duties with no distractions, we require an uninterrupted virtual work space and there is also an expectation of family care being in place during business hours. Additionally, there is an internet work speed requirement of 25 MBps or better for individual use. If more than one person is utilizing the same internet connection in the same household or building, then a stronger connection is required. If you are unsure of your internet speed, please check with your service provider. Note: For call center roles specifically, it is a requirement to either hardwire your equipment directly to the internet router or ensure your workstation is in close proximity to the router. Please ensure that you are able to meet these expectations before applying. At Ascensus, we aspire to make a difference for others. We are a technology-enabled services company that helps people save for a better future through our network of institutional, financial advisor, and state partners. Our culture is guided by sound principles, is committed to high standards, operates with transparency, and welcomes diversity—housed within our Core Values: People Matter. Quality First. Integrity Always.® Ascensus provides equal employment opportunities to all associates and applicants for employment without regard to ancestry, race, color, religion, sex, (including pregnancy, childbirth, breastfeeding and/or related medical conditions), gender, gender identity, gender expression, national origin, age, physical or mental disability, medical condition (including cancer and genetic characteristics), marital status, military or veteran status, genetic information, sexual orientation, criminal conviction record or any other protected category in accordance with applicable federal, state, or local laws (“Protected Status”).
Posted 2 months ago
7 - 12 years
9 - 14 Lacs
Mumbai
Work from Office
Company Name: ValuEnable Pvt Ltd (A Zerodha backed Insurtech) Actuarial Specialist will be in charge of developing and maintaining in house actuarial models which form the backbone of our Content Engine which is getting rapidly adopted across the life insurance industry, in India and beyond. Actuarial Specialist will be a part of a cross functional team that is responsible for the overall software development life cycle, from If you understand insurance cashflows, and would like to simplify it for customers without compromising on the detailing required below the bonnet, you will fit right in! Thorough knowledge of life insurance products, actuarial principles, and regulatory requirements Proficiency in actuarial modeling software and data analysis tools Strong command in MS Excel/Google Sheets and Macros 3 4 years of work experience in actuarial team in a life/general insurance company/actuarial consulting firm Excellent analytical, problem solving, and communication skills Ability to work collaboratively in a team oriented environment And above all, a high sense of responsibility, and flair for solving customer problems Developing actuarial cashflow models for multiple insurance products that form the backbone of our proprietary engines Creation and maintenance of databases of existing insurance product features Understanding insurance product features across overseas markets and building models that can reflect customer Development and review of excel/Prophet models used for pricing individual and group products Guide a team of including Actuarial Analysts and Interns and ensure timely delivery Why Should You Consider Working (In this Role!) With ValuEnable We are a 3.7year old well funded and profitable service focused insurtech venture, solving a USD 40 Bn per year customer retention problem for insurers. We work with 8 of the top 10 private Life insurers in the country We have been recognised by IRDAI in its first ever Open House for Insurtech held last year. One of Indias most respected financial institute, Zerodha, is our lead institutional investor through its fintech investment arm, Rainmatter Fintech Investment You will work very closely with the founders who have spent considerable time in life insurance industry and the actuarial domain, and will ensure that your journey as an actuary (including your qualification!) is continued in the right earnest. You will be handling interactions with multiple stakeholders such as business, technology and product teams. You can leverage the experience you already have, we promise your experience will only be enriched! 3 4 years of work experience in actuarial team (life insurer/general insurer/consultant etc.) Bachelors degree in Actuarial Science, Mathematics, Statistics, or a related field Minimum 3 Actuarial papers cleared (preferably including CM1)
Posted 2 months ago
10 - 14 years
9 - 14 Lacs
Pune
Work from Office
Responsibilities Manager Accounting will be supporting the Benefits Protection Finance team. In this role, you ll demonstrate an advanced level of understanding of US accounting standards, have expertise within a function, use business strategy to solve problems, and use accounting guidance to solve complex problems. At this level, incumbents apply functional knowledge and develop new solutions to complex problems. Drive the monthly and quarterly closing and reporting processes for the insurance business, including life, group, and disability. Continuously improve efficiency of accounting processes while ensuring compliance with relevant US GAAP and US statutory accounting standards and corporate guidelines. Proactively communicate relevant information to impacted parties. Ensure processes are appropriately documented, backed up and have appropriate review controls. Includes regular collaboration within our team, our actuarial partners, and other business unit finance partners Role is a combination of analysis, research, ad hoc reporting and project work Includes informal leadership, reviewing work done by others on the team and mentoring Qualifications Qualifications Certifications Relevant Work Experience Preferred educational background: Master s degree / Professional Degree / Relevant Industry Certification where applicable Preferably Chartered Accountant (Final/Intermediate level) Knowledge of US GAAP accounting standards Proven track record of working in complex Finance Accounting function for medium/large scale operations Knowledge experience of transitions and transformation (process, digital, etc) for Finance Accounting domain Advance Excel, MS Office, Financial reporting applications skills and experience Excellent analytical, problem solving, and decision making skills. Exceptional communication and interpersonal skills, with the ability to influence and inspire others. Total years of industry experience: Minimum 10 years experience (preferably in BFSI Industry , either in GCC / service provider environment ) Additional Information Reporting Relationships This role reports to: Senior Manager/Associate Director Flexibility Option and Base Location Principal offers modern hybrid working arrangements that allow all employees to adapt to changing work preferences. Flexibility Option for the role: Hybrid, 3 days in office with flexible work hours. Shift: Comfortable working US hours (6:00PM to 3:00AM IST) Base Location: Pune, India
Posted 2 months ago
7 - 12 years
15 - 20 Lacs
Chennai, Pune, Delhi
Work from Office
Prudential s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed. This position is responsible for the delivery and execution of projects and initiatives within GTP Finance FFP. GTP (Global Technology Product) setup enables Prudential to delivery technology as a Product to both internal external customers. The Future Finance Program (FFP) is a Group driven program and aims to modernize Prudential s Finance function by strengthening Finance Actuarial capabilities through enhanced data and improved systems. The FFP will be the mechanism to transform the role of Finance within the organization. The role will work closely with UX Workflow Product Owner and to lead the development of workflow applications, driving efficiency and streamlining processes across products within GTP Finance. The role will require experience expertise in ServiceNow Workflow platform for implementing automated solutions within Finance Accounting domains. The ability to design scalable, user-friendly, and secure automated workflows will play a critical role in enabling Prudential in future Finance transformation. Role and Responsibilities Architect, design, and develop workflow solutions using the ServiceNow platform. Analyze business processes and translate requirements into scalable automated workflows. Build and configure workflows, business rules, and UI policies within ServiceNow. Leverage ServiceNow features such as Flow Designer, IntegrationHub, and Orchestration to automate complex processes. Integrate ServiceNow workflows with third-party systems using APIs, web services, and other tools. Design workflows that optimize data collection, validation, and reporting. Maintain data integrity and security in all automated solutions Monitor workflow performance and implement enhancements based on analytics and user feedback Collaborate with business stakeholders, IT leadership, and technical teams to understand business requirements, assess technology needs, and translate them into architectural designs and solutions. Define and enforce Prudential architecture principles, standards, and best practices to ensure consistency, interoperability, and compliance across the IT landscape. Ensure good level of both technical functional documentation for knowledge management communications for within Engineering Finance GTP Stay updated on the latest ServiceNow features and industry trends to recommend new automation opportunities. Consult and coach project teams. Create actionable deliverables in preparation for service transition from project to operations Qualifications Total experience of 10 to 15 years out of which 5-10 years required in IT infrastructure, systems architecture, ServiceNow development and architecture with a focus on workflow automation. Education Level: Bachelors degree in Computer Science, or related field (Masters degree preferred). Personal Attributes: Strong analytical skills, leadership capabilities, effective communication, and problem-solving ability Specific Skills: Proficient in ServiceNow platform capabilities, including Flow Designer, IntegrationHub, Orchestration, and Custom Applications. Strong understanding of ServiceNow scripting (JavaScript, Glide APIs). ServiceNow Certified System Administrator (CSA) - required. ServiceNow Certified Application Developer or Certified Implementation Specialist - preferred Mandatory skills Understanding of DevOps practices and CI/CD pipelines within ServiceNow Expertise in integrating ServiceNow with third-party applications using REST/SOAP APIs. Hands-on experience with ServiceNow ITSM, ITOM, HRSD, or similar modules. Knowledge of database management, reporting, and ServiceNow security features. Preferred skills Experience with IT service management frameworks (e.g., ITIL) and enterprise IT governance processes. Excellent communication and stakeholder management skills. Strong problem-solving and decision-making abilities. Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.
Posted 2 months ago
4 - 9 years
10 - 14 Lacs
Chennai, Pune, Delhi
Work from Office
Prudential s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed. Prudential Health India is a Zero to One team undertaking a no-legacy, greenfield health insurance deployment in India, building journeys that truly empathize with the customer and offer a differentiated experience. To partner with us in this mission, we are looking for a talented Assistant Manager - Retail Product Management to join our Product Propositions team in Mumbai. We are looking for exceptional talent with a passion for transforming the health insurance experience in India . If you have a deep and thorough understanding of the current state of the industry and a clear vision of what a transformed future could be like, for the scope detailed in this job description, we are eager to speak with you ! As a Product Manager , your typical week will include the following... Create , launch, and refine health insurance propositions that serve customer needs, improve saleability, and manage risk for the organisation . Own the full product lifecycle of Health Insurance products including Retail Indemnity , F ixed benefit (Retail under Group and Standalone Retail) and Group (Employer-Employee) products . Conduct detailed distributor , customer and market research and competitive analysis to identify new product opportunities and refine existing offerings. Develop compelling , differentiated product propositions for target customer / seller segments that deliver revenue and loss-ratio goals . Define and document detailed product requirements (constructs) , including features, functionalities, pricing, and distribution channels. Develop policy wordings and product filing document s , customer sales collaterals that address all regulatory requirements while communicating the proposition with impact. Manage timely resolution of all regulatory queries in collaboration with relevant functions, as required . Lead development and execution of go-to-market plans , including marketing campaigns, sales training, and channel partner enablement. Collaborate with cross-functional teams spanning actuarial , distribution, health management , marketing, underwriting, claims, customer servicing, and technology to implement and launch products . Define and document system requirements for products , ensuring seamless integration with internal and external systems and user journeys . Ensure compliance with all relevant regulations and company policies . A nalyse product performance data to generate data-led insights and identify areas for improvement. Identify and implement product enhancements and innovations to maintain a competitive advantage ; Conduct regular product reviews and manage necessary adjustments to feature basket, pricing, and distribution strategy . Conduct internal and external product validations, including feasibility studies, cost-benefit analyses, and customer feedback sessions. Develop and implement effective channel and segment strategies to maximize product reach and penetration within the bank channel. You could be the right candidate if you have D egree in B usiness, Finance, Insurance, Statistics or Cleared Actuarial Papers or related field or a related field. A Master of Business Administration from a reputed institute is desirable. 7 + years of experience in product management, preferably in the health insurance industry with at least 3 years of experience in a stand-alone health insurer Minimum of 5 years of experience in handling Retail and Retail Under Group products within the General /Health insurance industry with hands - on experience in Quotation Management Excellent knowledge of Product configuration in core systems and front-end sales platforms Strong understanding of the health insurance market, including industry trends, regulations, and competitive landscape. Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.
Posted 2 months ago
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