Analyst - Actuarial (1.5 - 2 years experience in Actuarial) UK Shifts (Gurgaon) WFOnew

Job Description

Key Responsibilities – Process and Technical Skills

• Understand Solvency II (SII) and IFRS 17 requirements within the scope of work and execute assigned tasks with a high degree of accuracy and quality.

• Perform actuarial model result analysis, including model validation, analysis of changes, economic and non-economic stresses, sensitivity analysis, critical scenario testing, and back-testing.

• Prepare base and stressed Balance Sheets and Profit & Loss (P&L) accounts in accordance with Solvency II requirements for both the Internal Model (IM) and Standard Formula (SF).

• Demonstrate a strong understanding of Prophet valuation models and their application in actuarial valuations and financial reporting.

• Support complex projects, model developments, process enhancements, and implementation initiatives.

• Ensure the accuracy, completeness, and consistency of actuarial outputs while adhering to defined quality standards, controls, and reporting timelines.

Soft Skills and Core Competencies

• Demonstrate strong verbal and written communication skills to engage effectively with internal stakeholders and clients.

• Manage competing priorities and deliver high-quality outputs within stringent deadlines.

• Possess proficiency in Microsoft Office applications, with a strong understanding of VBA and SQL coding considered an advantage.

• Apply innovative and out-of-the-box thinking to resolve complex problems and manage contingencies effectively.

• Demonstrate sound decision-making, analytical thinking, and problem-solving capabilities.

• Exhibit strong attention to detail, adaptability, and the ability to work independently as well as collaboratively within a team.

Client Communication and Stakeholder Management

• Communicate effectively with client teams to understand process requirements, clarify queries, and ensure timely resolution of issues.

• Handle challenging client conversations professionally while maintaining composure and a high standard of customer service.

• Apply active listening skills to understand client concerns, expectations, and underlying requirements.

• Identify both direct and indirect client queries and accurately interpret customer needs to provide appropriate solutions.

• Distinguish between routine inquiries and complaints, assess the severity of complaints, and ensure appropriate escalation and resolution.

• Build and maintain effective stakeholder relationships through clear communication, proactive follow-ups, and timely issue resolution.

Qualifications

Graduate/Master in any streamShould have cleared few actuarial papers from India or UK actuarial society