AGM / GM – Actuarial

We are seeking a seasoned professional for the AGM / GM – Actuarial position, focusing on Financial & Insurance Risk, Capital Management, and Experience Studies. The incumbent will be responsible for overseeing critical deliverables including Asset-Liability Management (ALM) monitoring, Stress Testing, and Economic Capital determination. This role requires an individual with sound technical skills and the ability to manage and mentor a technically strong team while bringing value to the organization’s existing processes.

The AGM / GM – Actuarial role involves high-level strategic oversight and regulatory reporting. Candidates should be comfortable working under tight timelines and managing complex stakeholder relationships to deliver high-quality, accurate actuarial results.

Key Responsibilities

• Oversee Financial Risk deliverables, including monthly tracking of ALM positions and suggesting investment optimization avenues.
• Review the effectiveness of current hedging strategies and calculate capital requirements under various economic frameworks like Indian RBC and S-II.
• Lead Insurance Risk analysis by reviewing mortality experience, analyzing emerging trends, and proposing assumptions for Best Estimate and Reserving.
• Collaborate with claims, underwriting, and fraud control teams to identify and improve experience trends while balancing growth aspirations.
• Ensure timely and accurate regulatory submissions for ALM reports, Economic Capital, and persistency studies to IRDAI.
• Prepare and present high-impact materials and responses for Board Committees and regulatory queries.

Desired Qualifications and Experience

Education and Experience

• Life Insurance experience of 10 years or more, with specific expertise in EV Reporting, Risk, or Statutory Valuation.
• Significant progress in actuarial exams from a recognized institute.
• Well-versed in concepts of risk-neutral valuation, arbitrage-free theory, and other economic principles.

Technical Skills and Knowledge

• Excellent understanding of actuarial cash flows, asset cash flows (bonds, derivatives), and problem-solving.
• Working knowledge of Prophet and DCS, with the ability to modify codes as required.
• Proficiency in SQL and data management; understanding of Python is a significant plus.
• Strong stakeholder management and communication skills to handle and mentor junior resources.

What We Look For

• A solution-driven leader with the ability to think differently and explore new actuarial territories.
• A dedicated professional capable of maintaining high accuracy under tight reporting timelines.
• A mentor committed to training and developing a high-quality team and pool of resources.

If you are ready to lead complex actuarial processes and drive strategic risk management in a premier financial environment, we encourage you to apply for this AGM / GM – Actuarial position today!