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Lead Analyst Actuarial Modeling

Job ID R.0050236 Primary location Bengaluru, India Date posted 01/02/2025 Worker type Regular Workplace flexibility Remote
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Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.

Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.

The Lead Analyst Actuarial Modeling will work with MG-ALFA and GGY AXIS systems actuarial valuation models to generate financial results and analysis. The Lead Analyst will bring actuarial valuation/modeling/experience studies technical and systems expertise. The successful candidate will be a highly motivated, organized, and demonstrated expertise with applicable systems and data.

ESSENTIAL FUNCTIONS:
•    Builds, maintains, and runs complex actuarial models.
•    Ensures compliance with department policies, actuarial standards, and applicable regulations.
•    Executes and documents support for key management internal controls.
•    Prepares GGY-AXIS / MG-ALFA results reports and financial analyses in support of financial and regulatory reporting.
•    Required to support or take lead on the experience studies projects.
•    Tools/Solution/Analysis development using Alteryx, SQL, and Excel VBA.
•    Subject matter expert (SME) in GGY AXIS and MG-ALFA valuation/modeling/experience studies.
•    Contribute towards team’s skill development.

QUALIFICATIONS:
•    Bachelor's/master’s degree in actuarial science, statistics, math’s or equivalent is required.
•    At least 5 actuarial exam credits.
•    Good actuarial exam progress.

Required skills and competencies:
•    Has conceptual knowledge of actuarial systems and transferring skills to processes.
•    Working knowledge of internal controls and model documentation 
•    Can design solutions for actuarial model or data process issues.
•    Advanced proficiency in MS Office including Excel, Access, and VBA.
•    Strong communication skills.
•    Ability to produce complex results and provide initial analyses.
•    Identifies and participates in implementing improvements. 
•    Demonstrates strong work ethic and personal accountability
•    Builds collaborative and cooperative relationships.
•    Adjusts to changing events and priorities; displays a positive approach; focuses energy on determining possibilities.
•    Makes decisions within guidelines, controls, and policies that impact priorities and allocation of time to meet deadlines.
•    Manages costs (time) related to work. 

Required Experience:
•    5-8 years of actuarial services experience.
•    Experience of working on risk/financial/actuarial Modeling using any actuarial software such as GGY-AXIS and MG-ALFA. Working knowledge of Alteryx workflow and Excel VBA will be an added advantage. 
•    Work shift timing is 1:30 PM TO 10:30 PM, Indian Standard Time.

We are an equal opportunity employer with a commitment to diversity.  All individuals, regardless of personal characteristics, are encouraged to apply.  All qualified applicants will receive consideration for employment without regard to age, race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law. 

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