Actuarial Lead

Actuarial Lead, Assurant-GCC, India

The Actuarial Lead supports various actuarial functions that include pricing, reserving, financial reporting, capital management & forecasting in the APAC region.

They provide moderate to highly complex analysis and techniques which support Assurant operations in achieving its goals related to revenue and profitability targets.

The Actuarial Lead also demonstrates pre-supervisory skillsets related to project organization, task delegation and training.

This position will be Remote at our India location.  

What will be my duties and responsibilities in this job?

• Creates new memorandums, reports, and other business communications with logical structure and minimal assistance. Develops and implements solutions to translate financial projections into business metrics; aware of area productivity, processes, & business profitability.
• Understands various data sources and gathers data appropriately; prepares projections and applies detail from management recommendations and industry trends which may affect analysis
• Probes to understand report requesters' needs, appropriately adjusts methodologies as necessary using a wide range of techniques; suggests alternative approaches
• Recommends solutions to translate financial projections into business metrics; aware of area productivity, processes, & business profitability
• Interacts with and responds to various internal (finance, accounting, regulatory, IT, etc.) areas and requests regarding business processes, gaps, strategy & improvements.
• Comfortable with having virtual conversations and communicating with work partners all over APAC countries and potential internationally.
• Provides suggestions that help develop methods to improve system & data quality and recommends measures for revisions.
• Participates in cross-training and knowledge sharing within team/department/internal, related areas; leads internal team projects; periodically completes peer review. Provides manager with feedback as needed.
• Manages multiple projects with varying deadlines and complexity.
• Actively manages self-development. Takes actuarial exams in pursuit of professional designation.

What are the requirements needed for this position? 

• Bachelor’s degree in Mathematics, Actuarial Science, or related field and a minimum of 7+ exams completed.
• Overall 6-10 years of work experience with at least half of the time in pricing or underwriting.
• Minimum of 4-8 years of progressive responsibilities and related experience in an actuarial role.
• Must be pursuing actuarial designation.
• Has specialized level of understanding actuarial concepts, insurance products and industry knowledge.
• Advanced proficiency in MS Office Applications including Excel, PowerPoint, Word, Outlook, SharePoint. Advanced to Expert proficiency to various data repository platforms (SAS/SQL/etc.).

What other the Preferred Experience, Skills, and Knowledge?

• Bachelor’s degree in Mathematics, Actuarial Science, or related field and a minimum of 7+ exams completed
• Must be an Associate of the Actuarial Society (CAS/SOA/CIA/IFoA)
• Minimum of 1-2 years of post-designation experience preferred.
• Has specialized level of understanding actuarial concepts, insurance product and industry knowledge.
• Advanced proficiency in MS Office Applications including Excel, PowerPoint, Word, Outlook, SharePoint. Advanced to Expert proficiency to various data repository platforms (SAS/SQL/etc.)
• Seeks out and learns additional software tools that can help bring alternative and creative ways of showcasing data analysis. Implements and/or leads teams to improve data quality and systems efficiency, producing deeper analysis and eliminating data issues.
• Exhibits advanced skills in managing long and complex projects through to completion. 
• Begins to establish a leadership role in situations with conflict.
• Identifies core business relationships. Assesses personal growth interests and seeks ways to learn from leaders within the organization. Proactively solicits opportunities to enhance connections.

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Any posted pay range considers a wide range of compensation factors, including candidate background, experience, and work location, while also allowing for salary growth within the position.

Helping People Thrive in a Connected World
Connect with us. Bring us your best work and your brightest ideas. And we’ll bring you a place where you can thrive. Learn more at jobs.assurant.com.

For U.S. benefit information, visit myassurantbenefits.com. For benefit information outside the U.S., please speak with your recruiter.

What’s the culture like at Assurant?
Our unique culture is a big reason why talented people choose Assurant. Named a Best/Great Place to Work in 13 countries and awarded the Fortune America’s Most Innovative Companies recognition in 2023, we bring together top talent around the world. Although we have a wide variety of skills and experiences, we share common characteristics that are uniquely Assurant. A passion for service. An ability to innovate in practical ways. And a willingness to take chances. We call our culture The Assurant Way.

Company Overview
Assurant is a leading global business services company that supports, protects, and connects major consumer purchases. A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the world’s leading brands to develop innovative solutions and deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters insurance, lender-placed insurance products, and other specialty products.

Equal Opportunity Statement
Assurant is an Equal Employment Opportunity employer and does not use or consider race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other characteristic protected by federal, state, or local law in employment decisions.