Business Analyst with Actuarial modelling And Life Insurance

Actuarial Analysis & Modeling

• Perform actuarial analyses related to life insurance products, including:
  • Term Life
  • Universal Life
  • Pension Risk Transfer (PRT)
• Develop, maintain, and validate actuarial models for pricing, valuation, and forecasting
• Analyze experience data and trends to support business insights and decision-making

Product & Risk Management

• Support product design, pricing, and profitability analysis
• Assess and quantify risks associated with insurance portfolios
• Provide recommendations for risk mitigation and business optimization

Model Governance & Validation

• Perform quality assurance and validation of actuarial models and tools
• Ensure models adhere to internal standards and actuarial best practices
• Maintain documentation for models and methodologies

Business & Stakeholder Collaboration

• Partner with cross-functional teams including:
  • Finance
  • Investments
  • IT
  • Product and underwriting teams
• Translate technical actuarial concepts into actionable business insights
• Support strategic initiatives and enterprise transformation programs

Regulatory & Audit Support

• Assist in internal and external audit processes
• Ensure compliance with actuarial standards and regulatory requirements
• Provide documentation and explanations for actuarial assumptions and results

Required Qualifications & Experience

Experience

• 5–10+ years of actuarial experience in life insurance
• Strong background in:
  • Actuarial modeling
  • Risk assessment
  • Product analysis

Professional Credentials

• ASA (Associate of the Society of Actuaries) required
• FSA (Fellow of the Society of Actuaries) preferred

Technical Skills

• Experience with actuarial software:
  • GGY Axis (preferred) or MG-ALFA
• Strong programming/analytics skills:
  • SQL
  • Python
  • VBA
• Experience working with large datasets and automation tools

Domain Knowledge

• Strong understanding of life insurance products and actuarial principles
• Knowledge of modeling methodologies, assumptions, and financial projections

Key Competencies

• Strong analytical and problem-solving skills
• Attention to detail and accuracy
• Effective communication and stakeholder management
• Ability to work collaboratively in cross-functional teams
• Strategic thinking and business acumen