Group Valuation Sr Associate

A Leading Life Insurance Company is seeking an analytical Group Valuation Senior Assoc to join its actuarial management team at its corporate office in Mumbai. In this key financial role, you will take absolute responsibility for performing rigorous data checks and executing monthly statutory valuations for group portfolios. Furthermore, you will support the compilation of comprehensive annual regulatory filings in strict accordance with statutory reporting timelines. Consequently, this position is critical for mitigating financial compliance risks and ensuring reporting accuracy.

The Group Valuation Senior Assoc must combine meticulous mathematical calculation traits with a deep understanding of corporate group insurance products. Additionally, you will utilize specialized actuarial software tools to manage data complete checks and perform detailed mortality tracking studies. Therefore, the organization is looking for a mathematically driven professional who navigates tight audit timelines comfortably. If you want to accelerate your actuarial path inside a premium insurance vertical, this role is for you.

Key Responsibilities

• Perform exhaustive data validation checks and quality control audits on monthly actuarial group valuation data arrays.
• Execute timely and accurate monthly statutory valuations for corporate group products to ensure capital monitoring.
• Support the structural preparation of annual IRDAI regulatory reporting ARA documentation, including DD, DDD, NLB, and LB forms.
• Compile precise written data blocks to support the formatting of the annual Actuarial Report and Abstract (AAAR).
• Conduct structured mortality tracking studies and experience analytics explicitly tailored for group product lines.
• Perform precise solvency margin calculations and monitor capital adequacy movements for all group product verticals.
• Utilize advanced actuarial spreadsheet functions, database mapping rules, and modeling strings to accelerate reporting.

Requirements and Qualifications

• Bachelor’s or Master’s degree qualification in Mathematics, Statistics, Actuarial Science, or a highly numerate discipline.
• Successful professional clearance and completion of a minimum of 5 professional actuarial exams from a recognized institute.
• 2-3 years of core experience operating explicitly within the group valuation wing of a recognized life insurance firm.
• Demonstrated technical understanding of specialized actuarial modeling software platforms such as Prophet, DCS, or SQL databases.
• Strong practical command over MS Word, advanced Excel data architectures, and professional PowerPoint presentations.