Tags: Actuarial, Capital Modeling, Reserving
Role Title: Senior Associate – Non-Life Actuarial
Employer: Leading Global Consultancy
Required Experience: 2–5 Years
Location: Mumbai / Gurgaon / Bengaluru
Date published: 26 March 2026
A Leading Global Consultancy is seeking a strategic Senior Associate – Non-Life Actuarial to join its Financial Services Technology practice. In this dynamic role, you will work on high-profile general insurance assignments for global clients, particularly within the UK and US markets. Furthermore, you will be responsible for managing concurrent actuarial workstreams while maintaining the highest professional standards. Consequently, this position is vital for delivering innovative solutions in reserving, capital modeling, and pricing.
The Senior Associate – Non-Life Actuarial must possess strong technical skills in tools like ResQ, Igloo, or Emblem. Additionally, you will play a key role in developing standard practices and training programs to keep the firm at the forefront of industry developments. Therefore, the consultancy is looking for a professional with 2 to 5 years of experience and significant actuarial paper progress. If you have an entrepreneurial mindset and excellent analytical skills, this Senior Associate – Non-Life Actuarial role offers a premier global career path.
Key Responsibilities
- Successfully manage and deliver a wide range of concurrent non-life actuarial assignments.
- Provide expert advice on reserving, capital modeling, and pricing to global insurance clients.
- Develop and refine standard practices and methodologies for the efficient delivery of consulting projects.
- Ensure the highest quality and timely delivery of assignments while maintaining market reputation.
- Contribute to training programs that enhance the department’s understanding of key actuarial issues.
- Support project delivery capabilities across diverse geographies, including the UK and US markets.
- Actively raise your personal profile internally and externally to enhance the firm’s standing.
- Collaborate with multidisciplinary teams to solve complex financial and risk-related problems.
- Stay ahead of industry developments to ensure consulting services remain market-leading.
- Take responsibility for personal development in both technical and broader consulting skill sets.
Requirements and Qualifications
- Minimum of 2 to 5 years of experience in the Non-Life insurance market or consultancy.
- Proven progress in Actuarial exams from a recognized institute (IFoA, IAI, etc.).
- Technical proficiency in actuarial software such as ResQ, Igloo, Emblem, or @Risk.
- Strong programming skills in R, Python, SAS, or VBA are highly desirable.
- Excellent communication skills with the ability to manage senior stakeholder expectations.
- Experience in auditing insurance companies or working with Solvency II/IFRS 17 is a plus.