Actuarial Senior Associate

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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.
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