Senior Actuarial Analyst - Life Insurance Product Development
Product, IT · Full-time
India
🌟 Senior Actuarial Analyst
Location: anywhere APAC
Employment: Full-time remote
We are looking for a Senior Actuarial Analyst to support actuarial analysis, modelling, product pricing, reserving, data analysis, and business requirements across life, health, and investment-linked insurance products in APAC markets. The role will work closely with the Head of Actuarial and cross-functional teams, supporting both internal initiatives and client-facing insurance engagements.
Key Responsibilities
- Support actuarial modelling, pricing, reserving and liability valuation activities.
- Conduct experience studies and assumption reviews covering mortality, morbidity, persistency and expenses.
- Support IFRS 17, RBC and regulatory actuarial requirements.
- Build, test and document actuarial models using Python or R.
- Develop pricing calculations, rate tables, benefit illustrations and scenario analyses.
- Analyse claims, lapse, profitability and other key actuarial/product metrics.
- Translate actuarial requirements into business requirements, functional specifications, user stories and acceptance criteria.
- Conduct gap analysis and support Agile delivery with product, engineering, finance and client teams.
- Build data analysis and reporting tools using Python, R and advanced Excel.
- Support API testing and validation using Postman and scripting tools.
- Assist with client workshops, product reviews and actuarial analysis requests.
- Identify opportunities for automation, AI/ML and GenAI within actuarial workflows.
Requirements
- 5–8 years of relevant actuarial, actuarial consulting or closely related analytical experience.
- Experience with life, health and/or investment-linked insurance products.
- Degree in Actuarial Science, Mathematics, Statistics, Quantitative Finance or a related field.
- Pursuing or holding ASA, FSA, AIA, FIA or equivalent actuarial qualification.
- Practical knowledge of actuarial pricing, reserving and product analysis.
- Familiarity with IFRS 17.
- Strong Python or R skills for modelling, analysis and automation.
- Advanced Excel skills.
- Experience with Postman/API testing is preferred.
- Business analysis experience including requirements gathering, user stories, gap analysis and Agile/JIRA.
- Strong communication skills and ability to explain technical actuarial outputs to business and client stakeholders.
If this opportunity interests you, we'd love to hear from you! Click Apply to submit your application, or for a faster response, feel free to WhatsApp me directly at +65 6359 2571 or email your CV to nmulla@high5hire.com.