Actuarial Analyst
COMPANY OVERVIEW:
The company’s expertise is in transformation, data science, and change management that helps make businesses more efficient and effective, improve customer relationships and enhance revenue growth. Instead of focusing on multi-year, resource and time-intensive platform designs or migrations, they look deeper at the entire value chain to integrate strategies with impact.
The Actuarial Analyst will work with a team of people to provide data-driven, action-oriented solutions to business problems through statistical data mining, cutting edge analytics techniques and a consultative approach. Leveraging proprietary methodology and best-of-breed technology, the company takes an industry-specific approach to transform clients’ decision making and embed analytics more deeply into their business processes. The global footprint of nearly 5,000 data scientists and analysts assist client organizations with complex risk minimization methods, advanced marketing, pricing and CRM strategies, internal cost analysis, and cost and resource optimization within the organization.
This division serves the insurance, healthcare, banking, capital markets, utilities, retail and e-commerce, travel, transportation and logistics industries.
OVERVIEW OF THE ROLE:
- You’ll be working with Finance team and Actuarial team for a major Insurance client.
- You’ll need hands on experience in actuarial modeling/valuation & financial reporting and strong understanding of insurance industry.
- Work with different stakeholders to identify the requirements for posting the results into subledger for LDTI.
- Create/help build a mapping exercise for the financial data coming from different sources.
- Should have hands on experience of few years with SQL, should be able to create business logics.
- Independently carry out data analysis on results produced by actuarial models.
- Create automated upload templates that would be loaded to subledger/ledger.
- Responsible for testing and implementing the new/updated regulatory requirements.
- Understand the business issues and data challenges and propose solutions.
- 3+ years of experience in a similar role and should possess a go -getter attitude.
- Experience in life insurance preferred.
RESPONSIBILITIES:
- Superior finance, analytical and problem solving skills
- Should be able to work on a problem independently and prepare client ready deliverable with minimal or no supervision
- Good communication skill for client interaction
· Actuarial Financial Reporting/Modeling Skillsets:
- Background in Actuarial Science or pursuing actuarial exams
- Good understanding of US market and the latest regulatory guidelines such Long Duration Targeted Improvements
- Good knowledge of SQL, advanced Excel
- Professional certification Actuarial exams or CFA and FRM working in Insurance industry.
PREFERRED PROFILE:
- Bachelor’s/Master’s degree in finance, mathematics, actuarial science
- 3-5 years’ experience in Life Insurance
- Strong and in-depth understanding of insurance industry
- Financial reporting/Actuarial Modeling experience.
- Superior analytical and problem-solving skills.
- Outstanding written and verbal communication skills
- Able to work in fast pace continuously evolving environment and ready to take up uphill challenges
- Is able to understand cross cultural differences and can work with clients across the globe
- Able to deal with ambiguity.
- Advance level knowledge of MS Excel.
LOCATION: Hybrid role, travel to Nashville 2-3 times per month (travel per diems included)
Job ID# 1595970
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