Actuarial Analyst

About Company

Empower offers industry-leading solutions to help people manage their money for today while saving more for their tomorrow. We are empowering people by helping them gain financial confidence through personalized advice, we are empowering employers by working together and living our values to make their job easier, we are empowering our partners by creating a shared vision of success and opportunity.

Job Description

The Actuarial Modeling Analyst will work with MG-ALFA and GGY AXIS systems actuarial valuation models to generate financial results and analysis. The Analyst will bring actuarial valuation systems expertise in GGY AXIS and MG-ALFA modeling applications. The successful candidate will be a highly motivated, organized, and demonstrated expertise with applicable systems and data.

Primary Responsibilities:

• Builds, maintains, and runs complex actuarial models.
• Ensures compliance with department policies, actuarial standards, and applicable regulations.
• Executes and documents support for key management internal controls.
• Prepares axis results reports and financial analyses in support of financial and regulatory reporting.
• Team development, coaching and performance reviews
• Subject matter expert (SME) in GGY AXIS and MG-ALFA valuation modeling

Educational Qualification:

• Bachelor's degree in actuarial science, math/statistics or equivalent is required.
• FSA preferred
• ASA and MAAA designation or equivalent in India required

Required skills and competencies:

• Has conceptual knowledge of actuarial systems and transferring skills to processes.
• Working knowledge of internal controls and model documentation
• Can design solutions for actuarial model or data process issues.
• Advanced proficiency in MS Office including Excel, Access, and VBA.
• Strong communication skills.
• Ability to produce complex results and provide initial analyses.
• Identifies and participates in implementing improvements.
• Demonstrates strong work ethic and personal accountability
• Builds collaborative and cooperative relationships.
• Adjusts to changing events and priorities; displays a positive approach; focuses energy on determining possibilities.
• Makes decisions within guidelines, controls, and policies that impact priorities and allocation of time to meet deadlines.
• Manages costs (time) related to work.

Required Experience:

• 4-6 years of financial services experience
• Experience of working on risk/financial/actuarial Modeling using excel/VBA/R etc.
• Work shift timing is 1:30 PM TO 10 :30 PM