Gurgaon

Mumbai

Intern

Graduate

Part Qualified

Associate

Qualified

Life

Investments

Health

Pensions

Property & Casualty

Reserving

Reporting

Data

Risk

Systems

Python

Modelling

Data Science

Prophet

Coding

Motor

Pricing

MoSes

Valuation

Tyche

Longevity

Consulting

Excel

ResQ

MG-ALFA

Emblem

Databricks

JavaScript

AXIS

Microsoft Azure

Job Title: Analyst – Retirement ActuarialPosition Type: Full TimeWork Location: Gurugram, NoidaWorking Style: HybridCab Facility: YesShift Time: 12:00 pm – 9:00 pmPeople Manager Role: NoRequired Education and Certifications Critical for the Role:<ul><li>Graduate in Mathematics/Statistics/Economics (2024/2025 Batch Only)</li><li>Active student member of the Institute of Actuaries, UK/India and should have cleared at least one core technical actuarial exam (or equivalently completed an actuarial certification course like ACET)</li><li>Knowledge of CM1 is preferred</li></ul>Required Years of Experience:<ul><li>Fresher to 12 months experience.</li></ul>AON IS IN THE BUSINESS OF BETTER DECISIONSAt Aon, we shape decisions for the better to protect and enrich the lives of people around the world.As an organization, we are committed to our purpose, united through trust as one inclusive, diverse team and we are passionate about helping our colleagues and clients succeed.INFORMATION ABOUT THE BUSINESSAs a leader in pension and retirement strategies, we partner with clients to create solutions that aim to enhance financial security and deliver better outcomes. Aon’s actuarial professionals deliver accurate and timely advice to trustees and companies of defined benefit pension plans. Our insights guide clients through strategic decisions about plan options, improvements, and possible outcomes.GENERAL DESCRIPTION OF ROLE:Collect and analyze large datasets related to retirement plans, pension schemes, and other relevant financial information. Use statistical techniques and actuarial models to interpret and evaluate the data.JOB RESPONSIBILITIES:<ul><li>Actuarial Calculations: Perform actuarial calculations, such as funding updates, accounting disclosures, GMP equalization, and member queries. Use actuarial software and tools to perform actuarial valuations and projections.</li><li>Regulatory Compliance: Stay updated with the relevant regulations, guidelines, and legislation affecting retirement plans and pension schemes in the UK. Ensure compliance with regulatory requirements and assist in preparing reports and documentation for regulatory bodies.</li><li>Communication and Reporting: Prepare reports, presentations, and summaries of actuarial findings for internal stakeholders, senior management, and clients. Clearly communicate complex actuarial concepts and results to non-technical audiences.</li><li>Collaboration: Work closely with other members of the retirement team, including actuaries, analysts, and consultants, to support the overall objectives of the team.</li><li>Professional Development: Stay updated with the latest developments and best practices in the actuarial field, including attending seminars, workshops, and pursuing relevant professional certifications.</li></ul>SKILLS/COMPETENCIES REQUIRED:<ul><li>Logical and problem-solving skills</li><li>Proficiency in MS Office tools such as MS Excel and MS Word</li><li>Strong analytical and mathematical skills, with a keen eye for detail</li><li>Ability to communicate effectively with internal and external stakeholders</li><li>Strong organizational skills to manage multiple projects and deadlines efficiently</li><li>Ability to work in a team and collaborate effectively with colleagues from diverse backgrounds</li></ul>HOW WE SUPPORT OUR COLLEAGUES:In addition to our comprehensive benefits package, we are proud to be an equal opportunity workforce. At Aon, we believe a diverse workforce is an innovative workforce. Our agile, inclusive environment allows colleagues to manage their wellbeing and work/life balance while empowering them to be their authentic selves.Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging them to take time to focus on themselves. We offer a variety of workstyle options through our Smart Working model, recognizing that flexibility goes beyond just the place of work.Our continuous learning culture inspires and equips colleagues to learn, share, and grow, helping them achieve their fullest potential.COMMITMENT TO SUSTAINABILITY:Aon is dedicated to integrating sustainability into our core business practices. We strive to minimize our environmental impact through innovative solutions and responsible stewardship, ensuring a sustainable future for our clients and communities.

Job Title: IND Analyst I Health – ActuarialSolution Line: Health - ActuarialPosition Type: Full TimeWork Location: GurgaonWorking Style: HybridCab Facility: YesShift Time: 12PM to 9PMRequired Education: Graduate/Post GraduateRequired Years of Experience: 0-1 year of relevant experienceGeneral Description of Role: Assist consultants and other stakeholders for US Health and Benefits domain, delivering periodic actuarial valuations for clients using ProVal software, standard IBNP models/AMS tool and other actuarial processes. The process involves analysis of healthcare products data provided by vendors and onshore consultants pertaining to premium, claims, and plan attributes.Job Responsibilities:<ul><li>Operates as part of a team under the supervision of Sr. Analysts</li><li>Supports senior team members to provide expert, timely, efficient, and professional delivery of services to onshore consultants</li><li>Takes responsibility for the production (quality, timeliness, and budget) of work for allocated client deliverables, including complex actuarial calculations and reports</li><li>Builds strong relationships and high-level trust to deliver work on time</li><li>Demonstrates ability to convey logical thought processes and produce well-presented work</li><li>Plays an active part in service delivery as part of the extended client teams and conducts independent research on new topics</li><li>Takes responsibility to stay abreast of process/legislative changes to ensure fit-for-purpose results</li><li>Completes periodic valuations for clients using ProVal software standard IBNP models/AMS tool with supervision</li><li>Works on multiple valuations and processes simultaneously with supervision</li><li>Recognizes when tasks are taking too long and asks for help</li><li>Uses formal training to learn technical topics</li></ul>Skills/Competencies Required:<ul><li>Graduate, numerate degree preferred such as Mathematics, Statistics, Economics, or Engineering</li><li>Active student member of the Institute of Actuaries, UK/India and should have cleared at least one core technical actuarial exam</li><li>Basic knowledge of MS Excel text functions, math functions, statistical functions, logical functions, and lookups</li><li>Well-versed with basic tool functionalities for creating, editing, and formatting presentations</li><li>Business communication skills and fluency in English, able to communicate thoughts and ideas coherently</li><li>Flexible, keen on taking initiatives, accountable, and collaborative with colleagues</li></ul>

Develop client-specific knowledge to deliver on the valuation and other consulting support services. Develop your understanding of the wider context and key primary drivers of the results. Independently review the technical results from the base data, establish reasonableness, reliability of checks, and ensure proper audit trails.Demonstrate a clear, logical approach to reviewing significant technical pieces of work with proper documentation and root cause analysis of areas of concern. Demonstrate a very good understanding of all aligned processes and be able to mentor and provide insights to clients and their teams. The process involves analysis of healthcare products data provided by vendors and onshore consultants pertaining to premium, claims, and plan attributes.JOB RESPONSIBILITIES:<ul><li>People Management – Typically managing a team of 8-12 colleagues and reporting into the Service Manager.</li><li>Project Management – Manage projects end to end with a focus on quality of delivery and process efficiency. Track and control project timelines, resource allocation, identify and mitigate risks, and be accountable for communication management.</li><li>Manage small to mid-size projects independently. Act as a strong PM on new or complex valuations.</li><li>Complete valuations efficiently and accurately without direction and explain results to the AM/PM.</li><li>Understand technical topics beyond just knowing what they are and make reasonable interpretations of how they apply to various valuations.</li><li>Develop unique expertise in a particular area and become the “go to” person in that area.</li><li>Educate and train colleagues to allow them to complete valuations independently. Review work and provide constructive feedback.</li><li>Review all work for accuracy and reasonability, ensuring that all results are client ready.</li><li>Handle most questions from the client when the AM/PM is not available.</li><li>Good leave management by keeping business requirements in mind to minimize impact on client work.</li><li>Motivate colleagues, focus on team engagement, and lead by example.</li><li>Delegate straightforward valuations to junior colleagues and take up complex valuations.</li><li>Prioritize projects and team concerns with limited assistance.</li><li>Initiate most valuations without prompting; understand scope, timeline, and deliverables.</li><li>Ensure all colleagues are utilized as per their skill set and experience.</li><li>Participate in monthly meetings with mentors and mentees, and weekly meetings with the team.</li><li>Provide final client deliverables along with relevant options.</li><li>Escalate questions to appropriate team members.</li><li>Participate actively in weekly manager meetings and communicate concerns with management.</li><li>Build knowledge of valuations and interpret results.</li><li>Develop solid relationships through day-to-day communication.</li><li>Answer some local team questions without reliance on AM/PM.</li><li>Give instructions to colleagues for completing valuations.</li><li>Act as an escalation point for all team members' client deliverables.</li><li>Test for errors and reasonability.</li></ul>SKILLS/COMPETENCIES REQUIRED:<ul><li>Proficient with Data Analysis.</li><li>Project Management of multiple projects.</li><li>Ensure Capacity and Workload management.</li><li>Effective People Management.</li><li>Effective Stakeholder Management.</li><li>Understanding of consulting solutions.</li><li>Risk and Escalation Management.</li><li>Understanding and Reporting of Operational Metrics.</li><li>Advanced MS Excel.</li><li>Proficiency in MS Word and PowerPoint.</li><li>Ability to apply technology tools to situations and provide unique solutions.</li><li>Contribute to improving technology and its application.</li><li>Coaching/Mentoring - Advanced Level.</li></ul>Working with project teams: Maintain colleague data, staffing, resource allocation, and demonstrate cultural awareness. Participate in the development plans for colleagues and keep the team updated on client and project status. Provide feedback for project teams regarding their performance to their reporting manager.Able to evaluate and execute process re-engineering. Display a high degree of business acumen.Skills: Excellent communication and listening skills, planning, analytical and critical thinking capabilities, problem-solving, and decision-making.Flexibility/Adaptability and in-depth knowledge of project management practices.

Analyst I – Retirement ActuarialAon Role Level - 8Solution Line-UK RetirementPosition type-Full TimeWork Location-Gurugram, NoidaWorking style-HybridCab Facility-YesShift Time –12:00 pm – 9:00 pmRequired education and certifications critical for the role-<ul><li>Graduation or Post Graduation in Mathematics/Statistics/Economics, Pursuing Actuarial Exams, passed at least one actuarial exam (or equivalently completed an actuarial certification course like M.Sc., ACET, etc.)</li><li>Knowledge of CM1 is mandatory</li></ul>Required years of experience<ul><li>Fresher to 12 months experience.</li></ul>AON IS IN THE BUSINESS OF BETTER DECISIONSAt Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are committed as one firm to our purpose, united through trust as one inclusive, diverse team and we are passionate about helping our colleagues and clients succeed.INFORMATION ABOUT THE BUSINESSAs a leader in pension and retirement strategies, we partner with clients to create solutions that aim to enhance financial security and deliver better outcomes. Aon’s actuarial professionals deliver accurate and timely advice to trustee and company of defined benefit pension plans. Our insights guide clients through strategic decisions about plan options, improvements, and possible outcomes.GENERAL DESCRIPTION OF ROLE:Collect and analyze large datasets related to retirement plans, pension schemes, and other relevant financial information. Use statistical techniques and actuarial models to interpret and evaluate the data.JOB RESPONSIBILITIES:<ul><li>Actuarial Calculations: Do actuarial calculations, such as funding update, accounting disclosures, GMP equalization and member queries. Use actuarial software and tools to perform actuarial valuations and projections.</li><li>Regulatory compliance: Stay updated with the relevant regulations, guidelines, and legislation affecting retirement plans and pension schemes in the UK. Ensure compliance with regulatory requirements and assist in preparing reports and documentation for regulatory bodies.</li><li>Communication and reporting: Prepare reports, presentations, and summaries of actuarial findings for internal stakeholders, senior management, and clients. Clearly communicate complex actuarial concepts and results to non-technical audiences.</li><li>Work closely with other members of the retirement team, including actuaries, analysts, and consultants, to support the overall objectives of the team.</li><li>Professional development: Stay updated with the latest developments and best practices in the actuarial field, including attending seminars, workshops, and pursuing relevant professional certifications.</li></ul>SKILLS/COMPETENCIES REQUIRED<ul><li>Logical and problem-solving skills</li><li>Proficiency in MS office tools such as MS Excel and MS Word</li><li>Strong analytical and mathematical skills, with a keen eye for detail</li><li>Ability to communicate effectively with internal and external stakeholders</li><li>Strong organizational skills to manage multiple projects and deadlines efficiently</li><li>Ability to work in a team and collaborate effectively with colleagues from diverse backgrounds</li></ul>HOW WE SUPPORT OUR COLLEAGUESIn addition to our comprehensive benefits package, we are proud to be an equal opportunity workforce. At Aon, we believe a diverse workforce is an innovative workforce. Our agile, inclusive environment allows colleagues to manage their wellbeing and work/life balance while empowering you to be your authentic self. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging them to take time to focus on themselves. We offer a variety of workstyle options through our Smart Working model, but we also recognize that flexibility goes beyond just the place of work... and we are all for it! Our continuous learning culture inspires and equips colleagues to learn, share and grow, helping them achieve their fullest potential. As a result, Aon colleagues are more connected, more relevant, and more valued.

About KPMG in IndiaKPMG entities in India are professional services firms affiliated with KPMG International Limited. Established in India in August 1993, our professionals leverage the global network of firms and are well-versed in local laws, regulations, markets, and competition. With offices across India in various cities, we offer services to national and international clients across sectors. Our goal is to provide rapid, performance-based, industry-focused, and technology-enabled services that demonstrate our knowledge of global and local industries and our experience in the Indian business environment.Actuarial Audits:<ul><li>Audit of the client's half-yearly and yearly valuation systems for a true and fair view.</li><li>IFRS current and proposed IFRS 17 review.</li><li>Solvency II review.</li><li>IFRS to SII Technical Provision movements.</li></ul>Modelling:Modelling of reserves, risk margin, embedded value for various life products; migration of models from existing actuarial software (e.g. MGALFA to GGY AXIS); model testing and validation.Appraisal Value/Transactions/Embedded Value Review:Provide transaction and due diligence support to the client; including performing independent validation of Embedded Value calculations. Other related responsibilities include assisting clients with understanding and implementing new regulations (e.g., IFRS 17) and providing assistance with actuarial system transformation.Equal Employment Opportunity InformationKPMG India has a policy of providing equal opportunity for all applicants and employees regardless of their color, caste, religion, age, sex/gender, national origin, citizenship, sexual orientation, gender identity or expression, disability, or other legally protected status. KPMG India values diversity and encourages you to support us in our endeavor for diversity. Providing the below information is voluntary and refusal to submit such information will not be prejudicial to you.Graduate/Postgraduate with a strong background in mathematics or statistics. Member of Institute of Actuaries (UK) and/or Institute of Actuaries of India and must have passed at least 4 actuarial exams from either of these institutes including CT5.

About KPMG in India<ul><li>KPMG entities in India are professional services firm(s) affiliated with KPMG International Limited.</li><li>KPMG was established in India in August 1993.</li><li>Professionals leverage the global network of firms and are conversant with local laws, regulations, markets, and competition.</li><li>KPMG has offices across India in various cities.</li></ul>Job Summary<ul><li>Job Title: Consultant / AM</li><li>Function: Non-Life Actuarial Team</li><li>Location: Mumbai, Delhi</li><li>Department: Risk Consulting, FRM</li></ul>About usKPMG is a leading professional services firm with over 174,000 professionals in more than 155 countries. The firm focuses on Audit, Tax & Advisory services and recorded more than USD 24.4 billion in revenue.Roles and responsibilitiesThe recruitment is for a Consultant / Assistant Manager role in the Non-Life Actuarial Services team at KPMG India. The responsibilities include:<ul><li>Actuarial Audits</li><li>Reserving</li><li>Model Development and Validation</li><li>Risk Management</li><li>Capital Modelling</li><li>Reinsurance</li><li>IFRS 17</li></ul>Essential RequirementsEducation / professional qualifications<ul><li>Graduate/Postgraduate with a strong background in mathematics or statistics.</li><li>Member of Institute of Actuaries (UK) and/or Institute of Actuaries of India.</li><li>3-8 years of Non-life actuarial experience.</li></ul>Required SkillsTechnical Skills: Knowledge of insurance business, actuarial techniques, and software tools.Soft Skills: Good communication, strong interpersonal skills, and ability to manage projects independently.Equal employment opportunity informationKPMG India provides equal opportunity for all applicants and employees regardless of various factors. Diversity is valued, and applicants are encouraged to support diversity initiatives.Education Qualification:<ul><li>Qualified/ nearly qualified with the Institute of Actuaries (UK) and/or Institute of Actuaries of India or any other recognized institute.</li><li>Graduate/Postgraduate with a background in mathematics or statistics or any other related field.</li></ul>

About MillimanMilliman is among the world's largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe.Milliman India Non- Life Actuarial Internship ProgramWe are confident that the experience you gain through this program will provide you with a solid foundation to start your career as well as give you many real-world examples to decide if this is the right career path for you.Experience and preferred skills<ul><li>Superior math aptitude and quantitative ability</li><li>Outstanding academic record</li><li>Strong analytical, communication (written and oral), and organizational skills</li><li>Ability to work independently or as part of a team</li><li>Knowledge of MS Office (Excel, Powerpoint etc.) and computer programming (e.g. SAS/SQL//R/Python)</li><li>Previous actuarial or related internship experience a plus but not required</li></ul>Primary Duties & Responsibilities<ul><li>Data analysis using Excel, SQL Serves, and SAS</li><li>Reserving and product pricing</li><li>Research projects</li><li>Learning to develop and use actuarial models including Milliman proprietary tools.</li></ul>Qualifications Required:<ul><li>Bachelor’s or master’s degree student (or recent graduate) pursuing actuarial science, mathematics, or any other major with quantitative course work</li><li>Minimum 3 actuarial exams from IAI or IFoA, UK.</li></ul>

Senior Actuarial AnalystWe are looking to recruit for the position of Senior Actuarial Analyst, based in Milliman’s Gurgaon Office. Successful candidates will have the opportunity to work across a wide variety of retirement/employee benefit issues and develop their consulting expertise.Key Responsibilities<ul><li>Assist in preparation of actuarial valuation and compliance work for Retirement and Post Retiree Medical (OPEB) plans under single and multi-employers, including:
 <ul><li>Funding valuations</li><li>Accounting valuations</li><li>Government form preparation</li></ul></li><li>Perform benefit calculations</li><li>Assist in preparation of valuation, disclosure, and expense reports</li><li>Prepare benefit coding to replicate valuations under legacy tools</li><li>Analyze and assist on special retirement projects</li><li>Provide broader day-to-day support to staff based in Gurgaon, Dubai, and USA</li><li>Maintain a healthy billing rate across the calendar year</li><li>Manage a sub-team</li></ul>Requirements / Skill Set<ul><li>4-6 years of US EB Actuarial experience</li><li>Graduates / Post-graduates – preferably Math / Stats / Eco / Commerce streams</li><li>Good knowledge of US retirement and OPEB work (Middle East valuation experience is a plus)</li><li>Proval software experience</li><li>3-7 actuarial exams</li><li>Strong technical and problem-solving aptitude</li><li>Proficiency in Microsoft Office applications, particularly MS-Excel (VBA experience is a plus)</li><li>Ability to manage own workflow</li><li>Ability to work independently</li><li>Strong oral and written communication skills</li><li>Pursuing actuarial exams and motivated to become an actuary</li></ul>

Required education and certifications critical for the role:Graduate/Post GraduateRequired years of experience:0-1 year of relevant experienceAON IS IN THE BUSINESS OF BETTER DECISIONSAt Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are committed as one firm to our purpose, united through trust as one inclusive, diverse team and we are passionate about helping our colleagues and clients succeed.INFORMATION ABOUT THE BUSINESSAon Health and Benefits takes a long-term view of benefits management that aims to help companies achieve a balance between using benefits as a retention tool and managing escalating costs. These offerings include end-to-end solutions to benefits management, alignment of your benefit plans with corporate strategy and policies, considerable purchasing leverage, systematic and structured approach.GENERAL DESCRIPTION OF ROLE:Assist consultants and other stakeholders for US Health and Benefits domain, delivering periodic actuarial valuations for clients using ProVal software, standard IBNP models/AMS tool and other actuarial processes. The process involves analysis of healthcare products data provided by vendors & onshore consultants pertaining to premium, claims, plan attributes.JOB RESPONSIBILITIES<ul><li>Supporting our senior team members to provide expert, timely, efficient and professional delivery of services to our onshore consultants</li><li>Taking responsibility for the production (quality, timeliness and budget) of work for allocated client deliverables. This includes undertaking and completing complex actuarial calculations and reports (as appropriate to competence and experience defined in Skill Blocks)</li><li>Building strong relationships and high level trust in them to deliver work on time</li><li>Demonstrate ability to convey logical thought processes and produce well-presented work which is easy for others to follow</li><li>Playing an active part in service delivery as part of the extended client teams and confident to do an independent research on a new topic</li><li>Taking responsibility to be abreast of process/legislative changes to ensure fit-for-purpose results are delivered</li><li>With supervision, completes periodic valuations for clients using ProVal software standard IBNP models/AMS tool</li><li>With supervision, works on multiple valuations and processes simultaneously</li><li>Recognizes when tasks are taking too long, and asks for help</li><li>Uses formal training to learn technical topics</li></ul>SKILLS/COMPETENCIES REQUIRED:<ul><li>Graduate, numerate degree preferred such as Mathematics / Statistics / Economics / Engineering</li><li>Active student member of the Institute of Actuaries, UK / India and should have cleared at-least one core technical actuarial exams</li><li>Basic Knowledge of MS Excel text functions (LEFT, LEN), math functions (SUM, PRODUCT), statistical functions (AVERAGE, COUNT), logical functions (IF, OR) and lookups</li><li>Should be well versed with basic tool functionalities for creating, editing and formatting presentation</li><li>Business communication skills (email and conference calls) and fluent with English language. Should be able to coherently and confidently communicate thoughts and ideas verbally, and in writing</li><li>Should be flexible, keen on taking initiatives, accountable and have a collaborative approach with fellow colleagues</li></ul>HOW WE SUPPORT OUR COLLEAGUESIn addition to our comprehensive benefits package, we are proud to be an equal opportunity workforce. At Aon, we believe a diverse workforce is an innovative workforce. Our agile, inclusive environment allows colleagues to manage their wellbeing and work/life balance while empowering you to be your authentic self. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging them to take time to focus on themselves.We offer a variety of workstyle options through our Smart Working model, but we also recognize that flexibility goes beyond just the place of work... and we are all for it! Our continuous learning culture inspires and equips colleagues to learn, share and grow, helping them achieve their fullest potential. As a result, Aon colleagues are more connected, more relevant and more valued.

Actuarial InternWe are looking to recruit an Actuarial Intern, based in Milliman’s Gurgaon Office. Successful candidates will have the opportunity to work across a wide variety of retirement/employee benefit issues and develop their consulting expertise.Key Responsibilities<ul><li>Assist in preparation of actuarial valuation and compliance work for Retirement and Post Retiree Medical (OPEB) plans under single and multi-employers, including:
 <ol><li>Funding valuations</li><li>Accounting valuations</li><li>Government form preparation</li></ol></li><li>Perform benefit calculations</li><li>Assist in preparation of valuation, disclosure, and expense reports</li><li>Prepare benefit coding to replicate valuations under legacy tools</li><li>Analyze and assist on special retirement projects</li><li>Provide broader day-to-day support to staff based in Gurgaon and USA</li><li>Maintain a healthy billing rate across the calendar year</li></ul>Requirements / Skill Set<ul><li>Basic knowledge of retirement and/or retiree medical work</li><li>Graduates / Post-graduates – preferably Math / Stats / Eco / Commerce streams</li><li>2-3 actuarial exams</li><li>Strong technical and problem-solving aptitude</li><li>Proficiency in Microsoft Office applications, particularly, MS-Excel and MS-Word</li><li>VBA / R / SQL / SAS experience will be preferential</li><li>Ability to manage workflow and deliver product independently</li><li>Strong oral and written communication skills</li><li>Flexible with work timings and compatible within the team</li></ul>Pursuing actuarial exams and motivated to become an actuary.

About usKPMG is a leading professional services firm with over 174,000 professionals in more than 155 countries. The position is with the Risk Consulting team at KPMG Global Services (KGS).Roles and responsibilitiesThe recruitment is for an Executive role in the Life Actuarial Services team working for KPMG UK, US, and India. Responsibilities include actuarial audits, modeling, appraisal value review, and more.Essential Requirements<ul><li>Graduate/Postgraduate with a strong background in mathematics or statistics.</li><li>Member of Institute of Actuaries (UK) and/or Institute of Actuaries of India.</li><li>2-4 years of life actuarial experience.</li><li>Knowledge of reporting, reserving, embedded value, business planning, pricing, etc.</li><li>Understanding of IFRS 17 preferred.</li></ul>Required Skills<ul><li>Knowledge of insurance business and actuarial techniques.</li><li>Familiarity with spreadsheets, databases, statistical analysis programs.</li><li>Working knowledge of Prophet essential.</li><li>Prior experience with actuarial modeling software is a plus.</li></ul>Equal employment opportunity informationKPMG India provides equal opportunity for all applicants and employees regardless of various factors. Diversity is valued, and applicants are encouraged to support diversity initiatives.

Required experience<ul><li>Graduation or Post Graduation in Mathematics/Statistics/Economics, Pursuing Actuarial Exams, passed at least one actuarial exam (or equivalently completed an actuarial certification course like M.Sc., ACET, etc.)</li></ul>Required years of experience<ul><li>Fresher to 12 months experience.</li></ul>AON IS IN THE BUSINESS OF BETTER DECISIONSAt Aon, we shape decisions for the better to protect and enrich the lives of people around the world.As an organization, we are committed as one firm to our purpose, united through trust as one inclusive, diverse team and we are passionate about helping our colleagues and clients succeed.INFORMATION ABOUT THE BUSINESSAs a leader in pension and retirement strategies, we partner with clients to create solutions that aim to enhance financial security and deliver better outcomes. Aon’s actuarial professionals deliver accurate and timely advise to trustee and company of define benefit pension plans. Our insights guide clients through strategic decisions about plan options, improvements, and possible outcomes.GENERAL DESCRIPTION OF ROLE:Collect and analyze large datasets related to retirement plans, pension schemes, and other relevant financial information. Use statistical techniques and actuarial models to interpret and evaluate the data.JOB RESPONSIBILITIES:<ul><li>Actuarial Calculations: Do actuarial calculations, such as funding update, accounting disclosures, GMP equalization and member queriers. Use actuarial software and tools to perform actuarial valuations and projections.</li><li>Regulatory compliance: Stay updated with the relevant regulations, guidelines, and legislation affecting retirement plans and pension schemes in the UK. Ensure compliance with regulatory requirements and assist in preparing reports and documentation for regulatory bodies.</li><li>Communication and reporting: Prepare reports, presentations, and summaries of actuarial findings for internal stakeholders, senior management, and clients. Clearly communicate complex actuarial concepts and results to non-technical audiences.</li><li>Work closely with other members of the retirement team, including actuaries, analysts, and consultants, to support the overall objectives of the team.</li><li>Professional development: Stay updated with the latest developments and best practices in the actuarial field, including attending seminars, workshops, and pursuing relevant professional certifications.</li></ul>SKILLS/COMPETENCIES REQUIRED<ul><li>Logical and problem-solving skills</li><li>Proficiency in MS office tools such as MS Excel and MS Word</li><li>Strong analytical and mathematical skills, with a keen eye for detail</li><li>Ability to communicate effectively with internal and external stakeholders</li><li>Strong organizational skills to manage multiple projects and deadlines efficiently</li><li>Ability to work in a team and collaborate effectively with colleagues from diverse backgrounds</li></ul>HOW WE SUPPORT OUR COLLEAGUESIn addition to our comprehensive benefits package, we are proud to be an equal opportunity workforce. At Aon, we believe a diverse workforce is an innovative workforce. Our agile, inclusive environment allows colleagues to manage their wellbeing and work/life balance while empowering you to be your authentic self.Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging them to take time to focus on themselves. We offer a variety of workstyle options through our Smart Working model, but we also recognize that flexibility goes beyond just the place of work... and we are all for it!Our continuous learning culture inspires and equips colleagues to learn, share and grow, helping them achieve their fullest potential. As a result, Aon colleagues are more connected, more relevant, and more valued.

About MillimanMilliman is among the world's largest providers of actuarial and related products and services. Our mission is to serve our clients to protect the health and financial well-being of people everywhere. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. We are owned and managed by our principals—senior consultants whose selection is based on their technical, professional, and business achievements.Milliman serves the full spectrum of business, financial, government, union, education, and nonprofit organizations. In addition to our consulting actuaries, Milliman's body of professionals includes numerous other specialists, ranging from clinicians to economists.What is expected of you at this level:<ul><li>Understand the overall concept of the organization, its mission, and its values.</li><li>Demonstrate learning attitude during the various training imparted &amp; products they assist in during their tenure.</li><li>Learn about the various technologies used within the development team they are part of.</li><li>Progressive during the tenure to learn working independently upon receiving general guidance on projects.</li><li>Work effectively in a distributed global team environment.</li></ul>What you must have:<ul><li>Must have knowledge of T-SQL (highest priority), Python, OOPS Concepts (Structural language e.g. C#, JAVA), .Net.</li><li>Having knowledge of Apache Spark, Powershell Scripting, and Cloud (Azure, AWS, GCP, etc.) will be an added advantage.</li><li>Experience on large-scale data implementations.</li><li>Must have basic technical knowledge.</li><li>Strong analytical and problem-solving skills.</li><li>Actuarial experience is an advantage.</li></ul>Educational Requirements:<ul><li>BE/B.Tech/ BCA/ MCA with less or no experience.</li></ul>

About KPMG in IndiaKPMG entities in India are professional services firms affiliated with KPMG International Limited. Established in August 1993, KPMG leverages the global network of firms and has offices across India in Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Jaipur, Hyderabad, Kochi, Kolkata, Mumbai, Noida, Pune, Vadodara, and Vijayawada.We offer services to national and international clients across sectors, providing rapid, performance-based, industry-focused, and technology-enabled services that reflect our knowledge of global and local industries and our experience of the Indian business environment.Primary Responsibilities<ul><li>Your role will involve active participation in projects spanning IFRS 17 Implementation, USGAAP / LDTI / IGAAP actuarial audits, M&A Due Diligence, Independent Expert assignments, Prophet Modelling, Pricing, Model Validation, Risk Management, Solvency II, and more, focusing on India, the wider APAC region, the UK and Europe for Life or Non-Life Assurance/Insurance Markets.</li><li>Your role requires experience in active client management and project management, including building and training team members on various offerings.</li><li>Strong expertise and ability to interpret insurance regulations (IFRS4, IFRS17, LDTI) and offer strategic advice to clients including:</li></ul>- EV review for clients (both buyer and seller side) by validating VIF, CRNHR, Sensitivity results, VoNB, margin walk for change in Embedded Value, Adjusted Net Worth, and other critical aspects including independent EV triangulation and Business Plan (management and investors).- Project management Actuarial Audits: Lead the audit of the client on IFRS 4 (including statutory reserving), US GAAP (FAS60/97/91, SOP03, etc.) or RBC/EEV basis.- Modelling: Modelling of reserves, risk margin, embedded value for various life products; migration of models from existing actuarial software, Prophet modelling; model testing and validationOther related responsibilities<ul><li>Build strong networks across KPMG member firms and clients globally.</li><li>Strong ability of practice development by building credentials across different actuarial/insurance offerings.</li><li>Engage in both quantitative and qualitative tasks, including actuarial modelling, comprehensive report writing, and in-depth research.</li><li>Collaborate seamlessly with colleagues and stakeholders across the globe, to ensure outstanding client support and timely project delivery.</li></ul>Essential Requirements/Qualifications<ul><li>Prior Experience:</li><li>6-10 years of life actuarial experience with knowledge in reporting - Valuation, embedded value, IFRS 17, SH Reporting, RBC, ERM business planning, pricing etc.</li></ul>Education Qualification:<ul><li>Qualified/ nearly qualified with the Institute of Actuaries (UK) and/or Institute of Actuaries of India or any other recognized institute.</li><li>Graduate/Postgraduate with a background in mathematics or statistics or any other related field.</li></ul>Other Essential Skills:<ul><li>A knack for excelling under pressure and within demanding client environments.</li><li>Outstanding verbal and written communication skills.</li><li>Strong aptitude for critical thinking, analytical prowess, and effective decision-making.</li><li>Ability to work fluidly within diverse, cross-functional, international teams, across varying time zones when required.</li><li>Adaptability, a keen willingness to learn, and a comfort level with dynamic work settings.</li><li>Self-driven and motivated, capable of operating autonomously and efficiently without constant supervision.</li><li>Skilled in documenting actuarial methodologies, assumptions, and results in a clear and structured manner for audits and reporting.</li></ul>Equal employment opportunity informationKPMG India has a policy of providing equal opportunity for all applicants and employees regardless of their color, caste, religion, age, sex/gender, national origin, citizenship, sexual orientation, gender identity or expression, disability or other legally protected status. KPMG India values diversity and we request you to submit the details below to support us in our endeavor for diversity. Providing the below information is voluntary and refusal to submit such information will not be prejudicial to you.

Required education and certifications critical for the role:<ul><li>Graduation or Post Graduation in Mathematics/Statistics/Economics, Pursuing Actuarial Exams, & have passed at least one actuarial exam (or equivalently completed an actuarial certification course like ACET)</li><li>Knowledge of Actuarial Mathematics (CM1) is preferred</li></ul>Required years of experience:<ul><li>Fresher to 12 months experience.</li></ul>At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are committed as one firm to our purpose, united through trust as one inclusive, diverse team and we are passionate about helping our colleagues and clients succeed.As a leader in pension and retirement strategies, we partner with clients to create solutions that aim to enhance financial security and deliver better outcomes. Aon's actuarial professionals deliver accurate and timely advise to trustee and company of define benefit pension plans. Our insights guide clients through strategic decisions about plan options, improvements, and possible outcomes.General Description of Role:Collect and analyze large datasets related to retirement plans, pension schemes, and other relevant financial information. Use statistical techniques and actuarial models to interpret and evaluate the data.Job Responsibilities:<ul><li>Actuarial Calculations: Do actuarial calculations, such as funding update, accounting disclosures, GMP equalization and member queriers. Use actuarial software and tools to perform actuarial valuations and projections.</li><li>Regulatory compliance: Stay updated with the relevant regulations, guidelines, and legislation affecting retirement plans and pension schemes in the UK. Ensure compliance with regulatory requirements and assist in preparing reports and documentation for regulatory bodies.</li><li>Communication and reporting: Prepare reports, presentations, and summaries of actuarial findings for internal stakeholders, senior management, and clients. Clearly communicate complex actuarial concepts and results to non-technical audiences.</li><li>Work closely with other members of the retirement team, including actuaries, analysts, and consultants, to support the overall objectives of the team.</li><li>Professional development: Stay updated with the latest developments and best practices in the actuarial field, including attending seminars, workshops, and pursuing relevant professional certifications.</li></ul>Skills/Competencies Required:<ul><li>Logical and problem-solving skills</li><li>Proficiency in MS office tools such as MS Excel and MS Word</li><li>Strong analytical and mathematical skills, with a keen eye for detail</li><li>Ability to communicate effectively with internal and external stakeholders</li><li>Strong organizational skills to manage multiple projects and deadlines efficiently</li><li>Ability to work in a team and collaborate effectively with colleagues from diverse backgrounds</li></ul>In addition to our comprehensive benefits package, we are proud to be an equal opportunity workforce. At Aon, we believe a diverse workforce is an innovative workforce. Our agile, inclusive environment allows colleagues to manage their wellbeing and work/life balance while empowering you to be your authentic self.Furthermore, all colleagues enjoy two "Global Wellbeing Days" each year, encouraging them to take time to focus on themselves. We offer a variety of workstyle options through our Smart Working model, but we also recognize that flexibility goes beyond just the place of work... and we are all for it!Our continuous learning culture inspires and equips colleagues to learn, share and grow, helping them achieve their fullest potential. As a result, Aon colleagues are more connected, more relevant, and more valued.

About Milliman:Milliman is one of the world’s largest independent professional services firms. Founded in 1947, the firm provides consulting services to clients in four practice areas: healthcare, life insurance and financial services, employee benefits and pensions, and property and casualty insurance. Today, Milliman has more than 60 offices worldwide.Job Summary:Milliman is seeking actuarial professionals with strong analytical, problem-solving, technical and communication skills to join our life practice based in Gurgaon. This is an ideal opportunity for actuarial professionals to join and collaborate with our team of experts from across the world in a fast-paced, challenging and rewarding environment.Job Responsibilities:<ul><li>Work closely with a team of consultants working across the globe delivering high-quality work to our clients, working with some of the best actuarial experts in the region</li><li>Work on a diverse range of actuarial projects (actuarial modelling, reporting, pricing, business planning, mergers and acquisitions and many more)</li><li>Contribute to research projects and innovate new solutions to help our clients</li><li>Work effectively and efficiently in project teams led by senior actuaries</li><li>Help develop and maintain client and internal relationships</li><li>Work in a flexible and fast-paced environment</li></ul>Desired experience and professional qualifications:<ul><li>1-4 years of relevant actuary experience in the life insurance domain</li><li>Demonstrable progress through actuarial examinations from a recognized professional body/institute (minimum 3 exam passed; CT5/CM1 mandatory)</li><li>Bachelors or Masters in a relevant field (Actuarial Science, Mathematics, Statistics, Economics, etc.)</li></ul>Desired competencies:<ul><li>Actuarial domain knowledge of life and annuity products are required.</li><li>Strong technical and actuarial modelling skills are required and actuarial coding skills on leading actuarial software are preferable</li><li>Ability to work in a highly collaborative environment as well as independently with minimum supervision</li><li>Ability to take ownership of a technical challenge and see it through to a successful conclusion</li><li>Excellent analytical and communication skills</li><li>Driven and self-motivated</li></ul>Benefits offered:<ul><li>Opportunity to work with local and international market experts on a wide variety of projects</li><li>Competitive remuneration and annual performance-based bonuses</li><li>Professional actuarial examination support</li><li>Opportunity for continuous training and development</li><li>Flexible working arrangements</li></ul>

Milliman is seeking actuarial professionals with strong analytical, problem-solving, technical and communication skills to join our life practice based in Gurgaon.This is an ideal opportunity for actuarial professionals to join and collaborate with our team of experts from across the world in a fast-paced, challenging and rewarding environment.We offer the opportunity to<ul><li>Work closely with a team of consultants working across the globe delivering high-quality work to our clients, working with some of the best actuarial experts in the region</li><li>Work on a diverse range of actuarial projects (actuarial modelling, reporting, pricing, business planning, mergers and acquisitions and many more)</li><li>Contribute to research projects and innovate new solutions to help our clients</li><li>Work effectively and efficiently in project teams led by senior actuaries</li><li>Help develop and maintain client and internal relationships</li><li>Work in a flexible and fast-paced environment</li></ul>Desired experience and professional qualifications<ul><li>2-8 years of professional experience</li><li>Attained Fellowship from a recognized professional body/institute</li><li>Bachelors or Masters in a relevant field (Actuarial Science, Mathematics, Statistics, Economics, etc.)</li></ul>Desired competencies<ul><li>Actuarial domain knowledge of life and annuity products</li><li>Strong technical and actuarial modelling skills; actuarial coding skills on leading actuarial software preferable</li><li>Ability to work in a highly collaborative environment as well as independently with minimum supervision</li><li>Ability to take ownership of a technical challenge and see it through to a successful conclusion</li><li>Excellent analytical and communication skills</li><li>Driven and self-motivated</li></ul>Benefits offered<ul><li>Opportunity to work with local and international market experts on a wide variety of projects</li><li>Competitive remuneration and annual performance-based bonuses</li><li>Professional actuarial examination support</li><li>Opportunity for continuous training and development</li><li>Flexible working arrangements</li></ul>About MillimanMilliman is one of the world’s largest independent professional services firms. Founded in 1947, the firm provides consulting services to clients in four practice areas: healthcare, life insurance and financial services, employee benefits and pensions, and property and casualty insurance. Today, Milliman has more than 4,600 employees, more than $1.38 billion in annual revenue in 2021, and more than 60 offices worldwide.

About MillimanMilliman is among the world's largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property &amp; casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe.Our Actuarial Internship ProgramWe are confident that the experience you gain through this program will provide you with a solid foundation to start your career as well as give you many real-world examples to decide if this is the right career path for you.Experience and preferred skills:<ul><li>Superior math aptitude and quantitative ability</li><li>Outstanding academic record</li><li>Strong analytical, communication (written and oral), and organizational skills</li><li>Ability to work independently or as part of a team</li><li>Knowledge of MS Office (Excel, Powerpoint etc.) and computer programming (e.g. SAS/SQL//R/Python)</li><li>Previous actuarial or related internship experience a plus but not required</li></ul>Primary Duties &amp; Responsibilities:<ul><li>Data analysis using Excel, SQL and SAS</li><li>Reserving and product pricing</li><li>Research projects</li><li>Learning to develop and use actuarial models including Milliman proprietary tools.</li></ul>Qualifications Required:<ul><li>Bachelor’s or master’s degree student (or recent graduate) pursuing actuarial science, mathematics, or any other major with quantitative course work</li><li>Minimum 3 actuarial exams from IAI or IFoA, UK</li></ul>

We are seeking skilled and talented Actuarial Model developers to join our Cash Flow Modelling team in APAC. The incumbent would be working to shape the future of actuarial modelling using Aon's Tyche Life product suite for the Life (re)insurance industry. This is a hybrid role with the flexibility to work both virtually and from our Gurgaon office.At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.The focus of the day will be building and delivering cash flow models for life (re)insurers in APAC. This is very much a hands-on modelling role, and hence day-by-day activity will primarily be development of cash flow models in Tyche. Many implementations will involve the Tyche Model Generator (TMG) - the unique solution enabling Cash Flow models to be built exceptionally rapidly first in Excel with automated conversion to Tyche.You will get involved in a wide range of projects including internal Library Code developments, pre-sales "Proof of Concepts" as well as client implementations. As a senior in the team, you will be given responsibility not just to code models directly but also to oversee more junior members of the team, providing leadership and/or mentoring to guide them as they develop their Tyche life skills within Aon.Aon acquired the Tyche software suite in 2022 with a vision for Tyche to be at the heart of its new Strategy and Technology Group (STG). Aon believes Life (re)insurance actuarial technology is ready to be shaken up and through this role you will work with the Head of Life and the Sales teams to lead the change in APAC markets. In particular, you will engage with clients at the sharp end to see Aon's vision implemented. You will need to buy into this vision and be an advocate or evangelist within Aon and with our clients to see it implemented.Skills and experience that will lead to success<ul><li>Expertise in actuarial models in an APAC market(s) - gained from 2 - 8 years as an actuarial model developer.</li><li>Coding skills - typically evidenced through actuarial modelling in solutions such as Prophet, MoSes/RiskAgility FM, or in open source software such as Python.</li><li>Strong analytical and problem-solving skills.</li><li>Self-motivated team player that works collaboratively.</li><li>Strong communicator with the ability to adapt to suit different audiences, and good at building relationships.</li><li>Excellent organizational skills.</li><li>Ability to work under pressure: proactive, shows resolve and adapts to evolving situations.</li></ul>How we support our colleaguesIn addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon.Furthermore, all colleagues enjoy two "Global Wellbeing Days" each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognize that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!

Job Summary:The Life &amp; Annuity Predictive Analytics (LAPA) business unit is a lean, agile, diverse, and geographically distributed data science startup within Milliman. We develop leading-edge data products and deploy them on the cloud as web applications for the world’s premiere life insurers.Primary Responsibilities:<ul><li>Develop data preparation and data analysis scripts (Python and SQL)</li><li>Take ownership of the inputs/outputs for a data preparation pipeline</li><li>Support development of internal processes to validate and visualize raw and prepared data</li><li>Document and communicate data analysis results</li></ul>Required knowledge and experience:<ul><li>Basic actuarial domain knowledge of life and annuity products</li><li>Passed one or more actuarial exams</li><li>Proficiency developing scripts for data manipulation (Python required)</li><li>Experience with SQL and data retrieval</li><li>Passion for data, computing, and problem solving</li><li>Ability to work in a highly collaborative environment as well as independently with minimum supervision</li><li>Ability to take ownership of a technical challenge and see it through to a successful conclusion</li><li>Excellent written and verbal communication skills</li><li>0 – 3 years of professional work experience</li></ul>Preferred knowledge and experience:<ul><li>Experience with distributed computing technologies (Databricks, Spark, H2O, Hadoop, etc.)</li><li>Advanced programming skills in Python including pandas and NumPy</li><li>Advanced programming skills in R including experience with the tidyverse suite of packages</li><li>Experience with RStudio Shiny web application framework</li><li>Basic knowledge of web application technology (JavaScript, HTML, and CSS)</li></ul>Required education:<ul><li>Bachelors in a quantitative field/Bachelors of science (e.g. Computer Science, Actuarial Science, Engineering, Statistics/Mathematics, Data Science, etc.)</li><li>Final year students are eligible to apply for this position</li><li>Pursuing Actuarial science qualification from any recognized institute</li></ul>Location: Gurugram, IndiaAbout Milliman: Milliman is one of the world’s largest independent professional services firms. Founded in 1947, the firm provides consulting services to clients in four practice areas: healthcare, life insurance and financial services, employee benefits and pensions, and property and casualty insurance. Today, Milliman has more than 3,500 employees, more than $1 billion in annual revenue, and more than 60 offices worldwide.

Education:<ul><li>Graduate numerate degree preferred such as Mathematics/Statistics/Economics or Post-Graduate in Actuarial Science with 10+ years of experience</li><li>Steady Exam progress on Actuarial qualification with proved track record of applying Actuarial Techniques and make steady progress on Actuarial Exams</li></ul>Work Experience:<ul><li>Minimum 10 years of experience in managing and leading Actuarial functions in the Insurance industry, experience in Health Insurance will be preferred</li><li>Should have cleared 5 Actuarial Exams</li></ul>Shift Timings:Day shift (8 AM- 9 PM, 9 Hrs. Shift)About AON:We are a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.Role Summary:Manage Actuarial functions across US and Canada market with span of 50+ colleagues, responsible for managing Actuarial Pricing and Reserving processes, quality &amp; effectiveness of end-to-end deliverables for both internal &amp; external stakeholders.Role Overview:<ul><li>Managing Reserving &amp; Pricing teams and their SLAs on ongoing basis</li><li>Project Management &ndash; Manage projects end to end with focus on Quality of Delivery and Process Efficiency. Track and control project timelines, resource allocation, identify and mitigate risks, and accountable for communication management</li><li>Understands technical topics beyond just knowing what they are and able to make reasonable interpretations of how they apply to various valuations.</li><li>May have developed unique expertise in a particular area (for example, extensive experience high complex valuations on big client) and therefore can become the &ldquo;go to&rdquo; person as a &ldquo;doer&rdquo; in that area.</li><li>Good leave management by keeping business requirement in mind so that impact would be minimal on client work. And also guide junior colleagues in their leaves planning.</li><li>Motivating managers, focus on team engagement and Leading by example.</li><li>Offshore lead for one of the biggest client valuations</li><li>Prioritizes projects and team concerns with limited assistance</li><li>Initiates most valuations without prompting; begins to understand scope, timeline, and deliverables</li><li>Makes sure all colleagues are utilized as per their skill set and experience</li><li>Active participation in the weekly manager meetings and effectively communicates concerns with the management</li><li>Builds knowledge of valuations and interprets results</li><li>Solid relationships developing with more day- to-day communication</li><li>Strong working knowledge of client&rsquo;s valuation</li><li>Act as an escalation point for all the team members' client deliverables</li><li>Able to test for errors and reasonability</li><li>Learns to check work performed by others</li><li>Takes the responsibility of team&rsquo;s performance metrics, retention and engagement</li></ul>Skills &amp; Knowledge Requirements:<ul><li>Proficient with Actuarial analysis &ndash; Reserving &amp; Pricing</li><li>Project Management of multiple projects</li><li>Ensure Capacity and Workload management</li><li>Effective People Management</li><li>Effective Stakeholder Management</li><li>Understanding of consulting solution</li><li>Risk and Escalation Management</li><li>Understanding and Reporting of Operational Metrics</li><li>Advanced MS Excel</li><li>Proficiency on MS word and Power Point</li><li>Ability to Apply technology tools to situations &amp; provide unique solutions</li><li>Contribute to improving technology and its application</li><li>Working with People as project teams: Should be able to maintain colleague data. Working with teams, staffing, resource allocation, Demonstrate cultural awareness, participate in the development plans for the colleagues. Keep team updated on client and project. Should be able to provide feedback for project teams for their performance to their reporting manager.</li><li>Is able to evaluate and execute Process re-engineering</li><li>Displays a high degree of business acumen</li><li>Skills : Excellent communication and listening skills , Planning, Analytical and critical thinking capabilities ,Problem Solving , Decision Making</li><li>Flexibility/Adaptability</li><li>In depth knowledge of project management practices</li><li>Proficient with Data Analysis</li></ul>

Education: GraduatesShift Timings: Willing to work in shiftsWork Experience: 0 to 6 Months relevant work experience (can be relaxed at the discretion of the Hiring Manager(s) if this becomes a constraint for selection of the appropriate candidate)Project Description:Assist consultants and other stakeholders for US Health and Benefits domain, delivering periodic actuarial valuations for clients using ProVal software, standard IBNP models/AMS tool and other actuarial processes. The process involves analysis of healthcare products data provided by vendors &amp; onshore consultants pertaining to premium, claims, plan attributes.<ul><li>Operates as part of team under supervision of Sr. Analysts</li><li>Supporting our senior team members to provide expert, timely, efficient and professional delivery of services to our onshore consultants</li><li>Taking responsibility for the production (quality, timeliness and budget) of work for allocated client deliverables. This includes undertaking and completing complex actuarial calculations and reports (as appropriate to competence and experience defined in Skill Blocks)</li><li>Building strong relationships and high level trust in them to deliver work on time</li><li>Demonstrate ability to convey logical thought processes and produce well-presented work which is easy for others to follow</li><li>Playing an active part in service delivery as part of the extended client teams and confident to do an independent research on a new topic</li><li>Taking responsibility to be abreast of process/legislative changes to ensure fit-for-purpose results are delivered</li><li>With supervision, completes periodic valuations for clients using ProVal software standard IBNP models/AMS tool</li><li>With supervision, works on multiple valuations and processes simultaneously</li><li>Recognizes when tasks are taking too long, and asks for help</li><li>Uses formal training to learn technical topics</li></ul>Skills &amp; Knowledge Requirements:<ul><li>Graduate, numerate degree preferred such as Mathematics / Statistics / Economics / Engineering</li><li>Active student member of the Institute of Actuaries, UK / India and should have cleared at-least one core technical actuarial exams</li></ul>

We are looking to recruit for the position of Actuarial Analyst, based in Milliman’s Gurgaon Office. Successful candidates will have the opportunity to work across a wide variety of retirement/employee benefit issues and develop their consulting expertise.Key Responsibilities<ul><li>Assist in preparation of actuarial valuation and compliance work for Retirement and Post Retiree Medical (OPEB) plans under single and multi-employers, including:</li><li>Funding valuations</li><li>Accounting valuations</li><li>Government form preparation</li></ul><ul><li>Perform benefit calculations</li><li>Assist in preparation of valuation, disclosure and expense reports</li><li>Prepare benefit coding to replicate valuations under legacy tools</li><li>Analyze and assist on special retirement projects</li><li>Provide broader day-to-day support to staff based in Gurgaon, Dubai and USA</li><li>Maintain a healthy billing rate across calendar year</li></ul>Requirements / Skill Set<ul><li>2-4 years of US EB Actuarial experience</li><li>Good knowledge of US retirement and OPEB work (Middle east valuation experience is a plus)</li><li>3-5 actuarial exams</li><li>Strong technical and problem-solving aptitude</li><li>Proficiency in Proval is preferred, Microsoft office applications, particularly MS-Excel (VBA experience is a plus)</li><li>Ability to manage own workflow</li><li>Ability to work independently</li><li>Strong oral and written communication skills</li><li>Pursuing actuarial exams and motivated to become an actuary</li></ul>

We are looking to recruit an Actuarial Intern, based in Milliman’s Gurgaon Office. Successful candidates will have the opportunity to work across a wide variety of retirement/employee benefit issues and develop their consulting expertise.Key Responsibilities<ul><li>Assist in preparation of actuarial valuation and compliance work for Retirement and Post Retiree Medical (OPEB) plans under single and multi-employers, including:<ul><li>Funding valuations</li><li>Accounting valuations</li><li>Government form preparation</li></ul></li><li>Perform benefit calculations</li><li>Assist in preparation of valuation, disclosure and expense reports</li><li>Prepare benefit coding to replicate valuations under legacy tools</li><li>Analyze and assist on special retirement projects</li><li>Provide broader day-to-day support to staff based in Gurgaon and USA</li><li>Maintain a healthy billing rate across calendar year</li></ul>Requirements / Skill Set<ul><li>Basic knowledge of retirement and/or retiree medical work</li><li>Graduates / Post-graduates – preferably Math / Stats / Eco / Commerce streams</li><li>2-5 actuarial exams</li><li>Strong technical and problem-solving aptitude</li><li>Proficiency in Microsoft office applications, particularly, MS-Excel and MS-Word</li><li>VBA / R / SQL / SAS experience will be preferential</li><li>Ability to manage workflow and deliver product independently</li><li>Strong oral and written communication skills</li><li>Flexible with work timings and compatible within team</li><li>Pursuing actuarial exams and motivated to become an actuary</li></ul>Milliman believes in providing a stimulating work environment for its employees where new ideas are promoted and encouraged. Candidates can expect a supportive work environment and will be given extensive training.

Education<ul><li>Graduation or Post Graduation in Mathematics/Statistics (2019 to 2022)</li><li>Pursuing Actuarial Exams, Passed at least one actuarial exam (or equivalently completed an actuarial certification course like B.SC. or M.Sc. in Actuarial Science, etc)</li><li>Fresher to one year experience</li></ul>Work Description/Role Summary<ul><li>Graduate, numerate degree preferred such as Mathematics / Statistics / Economics / Engineering.</li><li>Sound actuarial technical capability with relevant experience of 0 to 1 years</li><li>Experience in pensions or similar will be an advantage</li><li>Ability to work well in a team environment by being respectful and supportive of others, communicating openly and constructively and being an active listener</li></ul>Role Overview<ul><li>Supporting the onshore consultants and other senior team members to provide expert, timely, efficient and professional delivery of client deliverables</li><li>Prepare the client deliverables using the tools, establish reasonableness and reliability of checks and ensure proper audit trails</li><li>Develop technical knowledge and big picture thinking to deliver on various actuarial support service</li><li>Meets deadlines</li><li>Asks questions</li><li>Focuses on quality</li><li>Follows directions</li><li>Pays attention to details</li><li>Volunteers for work when not busy</li><li>Can clearly explain own work</li><li>Documents own work</li><li>Prioritizes valuations independently</li><li>Has expanded project management responsibilities</li></ul>Skills & Knowledge Requirements<ul><li>Uses formal training to learn technical topics</li><li>Makes learning own responsibility; requests feedback</li><li>Basic knowledge of valuations and ProVal</li><li>Basic knowledge of National Valuation Team standards and processes</li></ul>Mandatory Skills (Behavioral)<ul><li>Ability to work independently and within a team environment on a variety of projects, receive instructions from a number of people, and meet project deadlines</li><li>Accuracy and attention to detail</li><li>Self-motivated and goal oriented</li><li>Adhere to all Aon policies</li></ul>Mandatory Skills (Specialized)<ul><li>If experienced, relevant domain experience (pensions or similar) will be an advantage</li><li>Strong communication</li><li>Good analytical skills, proficient in MS Excel and word</li><li>Works with small to large project teams and extensive interaction with internal and/or stakeholders</li></ul>

Work Experience:0 to 6 Months relevant work experience (can be relaxed at the discretion of the Hiring Manager(s) if this becomes a constraint for selection of the appropriate candidate) scopeRole Overview:Assist consultants and other stakeholders for US Health and Benefits domain, delivering periodic actuarial valuations for clients using ProVal software, standard IBNP models/AMS tool and other actuarial processes. The process involves analysis of healthcare products data provided by vendors &amp; onshore consultants pertaining to premium, claims, plan attributes.<ul><li>Operates as part of team under supervision of Sr. Analysts</li><li>Supporting our senior team members to provide expert, timely, efficient and professional delivery of services to our onshore consultants</li><li>Taking responsibility for the production (quality, timeliness and budget) of work for allocated client deliverables. This includes undertaking and completing complex actuarial calculations and reports (as appropriate to competence and experience defined in Skill Blocks)</li><li>Building strong relationships and high level trust in them to deliver work on time</li><li>Demonstrate ability to convey logical thought processes and produce well-presented work which is easy for others to follow</li><li>Playing an active part in service delivery as part of the extended client teams and confident to do an independent research on a new topic</li><li>Taking responsibility to be abreast of process/legislative changes to ensure fit-for-purpose results are delivered</li><li>With supervision, completes periodic valuations for clients using ProVal software standard IBNP models/AMS tool</li><li>With supervision, works on multiple valuations and processes simultaneously</li><li>Recognizes when tasks are taking too long, and asks for help</li><li>Uses formal training to learn technical topics</li></ul>Skills &amp; Knowledge Requirements:<ul><li>Graduate, numerate degree preferred such as Mathematics / Statistics / Economics / Engineering</li><li>Active student member of the Institute of Actuaries, UK / India and should have cleared at-least one core technical actuarial exams</li><ul>

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