Actuarial Leader – Life Insurance

We are hiring – Senior Actuarial Leadership Role (India) This is one of the most critical leadership roles in our organisation and a statutory Key Managerial Personnel (KMP) position under IRDAI regulations . The role demands strong strategic vision, deep regulatory understanding, sound governance judgement and the ability to influence both business direction and regulatory thinking. Role Overview The selected leader will guide the actuarial team and build strong, scalable processes across: Valuation, Capital Management, Solvency II, Risk Management, Compliance, Reporting, Data Analytics, Business Development, Product Development, Pricing, Underwriting, Claims, Reinsurance, Catastrophe Modelling, Economic Capital, Regulatory Frameworks, Actuarial Standards, Financial Planning, Investment Analysis, Asset Liability Management, and other areas. The role requires a deep understanding of the Indian insurance regulatory environment, including IRDAI regulations, Insurance Laws (Amendment) Act 2015, and other relevant laws and regulations. Key Responsibilities: Develop and implement actuarial strategies to drive business growth, improve profitability, and ensure compliance with regulatory requirements; Lead and manage the actuarial team, providing guidance, coaching, and mentoring to team members; Collaborate with cross-functional teams to develop and implement new products, pricing strategies, and risk management frameworks; Analyze and interpret complex data sets to inform business decisions and drive strategic planning; Develop and maintain strong relationships with key stakeholders, including regulators, customers, and internal partners; Stay up-to-date with industry trends, regulatory changes, and best practices in actuarial science; Provide thought leadership and expertise on actuarial matters to the organisation. Requirements: Bachelor's/Master's degree in Actuarial Science or related field; At least 8-10 years of experience in a senior actuarial role; Strong understanding of Indian insurance regulatory environment, including IRDAI regulations; Proven track record of driving business growth and improving profitability; Excellent leadership, communication, and interpersonal skills; Ability to influence both business direction and regulatory thinking; Strong analytical and problem-solving skills; Proficiency in Microsoft Office, particularly Excel. Benefits: Competitive salary package; Comprehensive health insurance; Generous leave policy; Opportunities for professional development and growth; Collaborative and dynamic work environment.