Group Valuation Manager

A Leading Life Insurance Company is seeking a highly structured Group Valuation Manager to head its actuarial valuation division at its corporate hub in Mumbai. In this high-visibility management role, you will take absolute accountability over the operational data controls, surplus calculations, and solvency metrics for group portfolios. Furthermore, you will direct the compilation of statutory filings and represent the actuarial team during rigorous reviews with regulators and external auditors. Consequently, this position is vital for driving actuarial governance and strengthening corporate financial resilience.

The Group Valuation Manager must combine advanced mathematical validation depth with extensive experience leading group valuation functions. Additionally, you will oversee the structural configuration of specialized modeling frameworks to optimize monthly reporting speeds and identify process stream enhancements. Therefore, the group is looking for a seasoned strategist who mentors junior actuarial staff comfortably under strict calendar timelines. If you want to steer advanced capital management tracks, this role provides an ideal executive path.

Key Responsibilities

• Direct and supervise the data checking workflows performed on high-volume monthly actuarial group valuation data streams.
• Own and execute the end-to-end monthly statutory valuation cycle for all group insurance product lines.
• Manage the timely compilation of annual IRDAI regulatory reporting ARA documentation, tracking DD, DDD, NLB, and LB forms.
• Review and approve the final text parameters for the annual Actuarial Report and Abstract (AAAR) submissions.
• Oversee comprehensive mortality tracking studies and experience data sets specifically tailored for group insurance portfolios.
• Perform and validate complex solvency margin calculations and capital adequacy projections across group verticals.
• Optimize corporate data mapping rules and specialized actuarial framework scripts utilizing Prophet, DCS, and SQL.
• Collaborate directly with Finance, Risk, and Investment departments to align actuarial models with broader business goals.
• Provide technical mentoring to junior actuarial professionals and draft valuation standard operating procedures (SOPs).

Requirements and Qualifications

• Bachelor’s or Master’s degree in Actuarial Science, Statistics, Mathematics, or a highly quantitative business discipline.
• Successful professional clearance and completion of a minimum of 8 professional actuarial exams from an accredited institute.
• 6-7 years of core experience operating explicitly within the group valuation wing of a recognized life insurance firm.
• Advanced technical mastery handling actuarial modeling software packages including Prophet, DCS, and SQL query structures.
• Superb leadership traits, project management capacity, time management skills, and technical report-writing capabilities.