Actuarial Specialist

Job Description

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)