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Allegis Global Solutions

Financial Transactions Modeler

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  • Posted 21 hours ago
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Job Description

Location: Bangalore

Skills : Stochastic Modelling, Quantitative Modelling, Python, C++, Java, Financial Markets, Financial Mathematics, Life Insurance, Reinsurance, Insurance Cashflow Modelling, Risk Modelling, GMxB, Variable Annuity.

Interested candidates can share their cv's to [Confidential Information]

Looking only for candidates who are currently in Bangalore as they are required to be in-person for the Coding assessment.

About the Role

As a Financial Transactions Modeler, you'll be at the intersection of financial markets and insurance, helping manage sophisticated portfolios that are key to the Organization's L&H growth strategy. You'll apply your quantitative expertise to model, analyze, and optimize financial market transformation portfolios.

Key Responsibilities

  • Develop and maintain stochastic cashflow models for bespoke insurance transactions exposed to Financial Market risks, with focus on Variable Annuities, GMxB, and Index-Linked portfolios.
  • Standardize and automate transaction reporting processes for hedging, valuation, and risk management purposes.
  • Analyze biometric and policyholder behavior experience to support assumption updates.
  • Support the onboarding of new transactions with technical precision and attention to detail.
  • Perform regular ad-hoc investigations into existing processes and data (policy data, P&L attribution, reserving, etc.).
  • Collaborate with cross-functional teams across the Organization to improve management of financial and biometric exposures.

About the Team

You'll be joining the Financial Market Portfolios team within Life & Health Transactions. The team plays a crucial role in supporting portfolio growth of Financial Solutions as part of the Organization's L&H growth strategy. The team works closely with multiple stakeholders including L&H Structured Solutions, L&H Pricing & Structuring, Quantitative Analytics, Risk Management, Finance, Treasury, and Asset Management to deliver innovative financial solutions that drive business growth and manage risk effectively.

About You

You're a curious, analytical thinker with strong technical abilities and a drive to understand underlying patterns in complex data. You thrive in collaborative environments where you can apply your quantitative skills to solve real business challenges. You're results-oriented and excited about contributing to business growth through data-driven insights.

Required Qualifications

  • Academic background in STEM with hands-on quantitative programming experience, preferably in Quantitative Finance, Statistics, Physics, or Computer Science.
  • 4+ years of programming and debugging experience in quantitative modelling or analytics (preferably in C, C++, Java, Python).
  • Experience with stochastic modelling, preferably of financial market risks and insurance cashflows.

Preferred Experience

  • Relevant life insurance / reinsurance experience.
  • Variable Annuities, GMxB, or Index-Linked products.
  • Working knowledge of financial markets and financial mathematics.

Additional Advantageous Experience

  • Data engineering.
  • Biometric experience studies, preferably using R or Python.
  • Insurance structuring and pricing.
  • Liability modelling with actuarial platforms such as Prophet/FIS IRS, AXIS, or MoSes/RAFM.
  • Actuarial qualification or progress towards it.
  • L&H insurance portfolio management.
  • IFRS 17, IFRS 9, and regulatory frameworks.
  • Collaboration with Valuation, Treasury, Risk Management, and Asset Management.

Regards,

Franklin.A

Talent Acquisition

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Job ID: 148892085