Senior Analyst - Actuarial - Prophet Modeler - Immediate Joiners Required - Gurgaon

Job Description

The Senior Actuarial Analyst will support Prophet modelling initiatives, contributing to actuarial valuation, risk, Data cleanup processes. The role involves hands-on model development, testing, analysis, and documentation, working under established governance frameworks to ensure accuracy, transparency, and regulatory compliance.

Key Responsibilities

Develop, maintain, and enhance Prophet Models to support valuation activities.

Interpret and validate data, assumptions, application codes, and model outputs, providing clear explanations and documentation.

Perform integration of models and developments.

Perform model testing, including reconciliation, sensitivity testing, and scenario analysis.

Assist in production runs and ensure timely and accurate delivery of actuarial results.

Support model documentation, change management, and audit or validation reviews.

Collaborate with cross-functional teams (finance, risk, IT, and business) to support business and regulatory requirements.

Contribute to continuous improvement of modelling processes and controls.

Skills

Working knowledge of Prophet or other actuarial modelling software (e.g., IGGY Axis, MG-ALFA, or similar).

Understanding of life insurance products and core actuarial principles.

Proficiency in Excel and VBA; familiarity with SQL or Python/DCS for data handling is an advantage.

Strong analytical, problem-solving, and numerical skills.

Ability to explain technical results clearly to both actuarial and non-actuarial stakeholders.

Good documentation and report-writing skills.

Competencies

Strong attention to detail and accuracy in model development and analysis.

Ability to analyze complex datasets and interpret actuarial results.

Effective teamwork and communication skills.

Willingness to learn and adapt to changing regulatory and business requirements.

Ability to manage multiple tasks and meet deadlines.

Qualifications

3–6 years of relevant work experience in actuarial modelling or valuation.

Bachelor’s or Master’s degree in Actuarial Science, Statistics, Mathematics, or Economics.

Progress toward actuarial qualification with 3–6 actuarial exams from IAI or IFoA.

Exposure to actuarial model development, valuation processes, and reporting across one or more lines of business.

Qualifications

Graduate