Tags: Actuarial, IFRS 17, Ind AS 117
Role Title: Actuarial Senior Associate
Employer: Leading Professional Services Firm
Required Experience: 3–5 Years
Location: Mumbai
Date published: 2 October 2026
A Leading Professional Services Firm is seeking a delivery-focused Actuarial Senior Associate to join its actuarial advisory practice.
The Actuarial Senior Associate must combine solid technical actuarial fundamentals with hands-on consulting experience across financial reporting, reserving, and valuation.
Key Responsibilities
- Deliver high-quality actuarial advisory engagements across life, general, or health insurance client organizations.
- Perform detailed actuarial analyses supporting IFRS 17 and Ind AS 117 implementation, reserving, pricing, and capital management.
- Build, execute, and calibrate actuarial models and spreadsheet tools, checking methodology assumptions and input reasonableness.
- Prepare comprehensive working papers, analysis summaries, and client-ready reporting sections under senior direction.
- Track emerging accounting standards, regulatory updates, and market trends to integrate into ongoing engagement workflows.
- Coordinate with multidisciplinary teams spanning risk, finance, technology, and assurance to ensure integrated delivery.
- Contribute to process transformation initiatives aimed at automating actuarial reporting and modeling workflows.
Requirements and Qualifications
- Bachelor’s or Master’s degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or a related discipline.
- 3-5 Years of relevant actuarial experience within insurance, reinsurance, or actuarial consulting environments.
- Active student member with demonstrated examination progress through a recognized actuarial body (IAI, IFoA, SOA, or CAS).
- Solid technical command of actuarial concepts in IFRS 17/Ind AS 117, statutory valuation, capital modeling, or reserving.
- Hands-on practical experience utilizing actuarial platforms such as Prophet, MoSes, or RiskAgility FM; coding skills in Python, R, or SQL are advantageous.