Bangalore

Gurgaon

Mumbai

Noida

Intern

Graduate

Life

Health

Pensions

Property & Casualty

Reserving

Reporting

Reinsurance

Risk

Systems

Python

Modelling

Coding

Pricing

Valuation

Consulting

Excel

AXIS

About RoleThis role is part of the CPT team within LHPC Bangalore and has the responsibility of maintenance and availability of the actuarial model for the pricing team. The role provides support to the CPT team in its day-to-day activities and other requirements.<ul><li>To set up and maintain inputs, organize results for developing further reports, assess quality, and validate results.</li><li>To support in the development and testing of Actuarial Costing Tools, with a main focus on CPT.</li><li>Use of Actuarial Basis – Shareholder Reporting Rules (EVM) and USGAAP for model development and testing.</li><li>Develop and improve testing tools.</li><li>Apply technical knowledge and process skills to solve problems and develop solutions, i.e., investigating and interpreting data issues/results.</li><li>Support in documenting and communicating outcomes and results to senior colleagues in the team.</li><li>Question existing processes and suggest improvements.</li><li>Added advantage if knowledge of advanced coding skills, mainly R Programming and C#.</li></ul>About the TeamThe LHPC is a global team with employees located in at least 14 cities around the world. The team is responsible for defining L&H risk appetite, reviewing large and unusual transactions, pricing tools, methodology and governance, new business steering, and contract wording. Our vision is to engage the Swiss Re community to steer and enable our L&H business with the goal of making the world more resilient.About You<ul><li>0-1 year work experience (Freshers preferred).</li><li>Graduate or Post-graduate in Business Management, Insurance, Actuarial Science, Mathematics, or Statistics.</li><li>Minimum 3 Actuarial Exams passed as per the new curriculum.</li><li>Understand basic insurance concepts and data analytics tools.</li><li>Ability to work accurately and deliver to deadlines.</li><li>Must be able to interpret business specifications and ask clarifying questions.</li><li>Excellent oral and written communication skills.</li><li>Strong learning motive.</li><li>Proficiency in working with MS Office and advanced coding skills in R Programming.</li></ul>About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance, and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought, or other characteristics. In our inclusive and flexible environment, everyone can bring their authentic selves to work and their passion for sustainability.If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.Keywords:Reference Code: 134512

About the Role:Main tasks include preparation of valuation ready data, effecting changes in actuarial valuation system, producing the reserve numbers for various business requirements, applying technical skills to reconcile and analyze the output, and supporting new initiatives driven by business unit requirements.<ul><li>In conjunction with the North America team:</li><li>Prepare and review data & prepare valuation ready data.</li><li>Prepare Change of Basis (COB) and CRR systems (Swiss Re systems & tools) to produce reserve numbers for various lines of business and reconcile numbers with different interfaces along with taking care of controls that are set up.</li><li>Prepare necessary communication tools and controls related to production work.</li><li>Actively support yearly sensitivities (PBR, MPS etc.) and any ad-hoc sensitivities as per business requirements.</li><li>Run production AXIS models and manage model change process.</li><li>Perform scaling process and ensure that scaled results look reasonable.</li><li>Support UAT, VRA initiatives, and other system testing.</li><li>Prepare financial statements and exposures for internal and external reporting.</li><li>Facilitate sign-off of final work product by the Bangalore NA team within agreed upon confidence levels.</li><li>Systematically log, communicate, and manage issues found until they have been resolved. This will involve cross-cultural coordination and cooperation across regions.</li><li>Simplify work processes through automation to bring in process efficiency.</li></ul>About the Team:As part of the US L&H Business Management team in quarterly valuation, analysis, and reporting, coordinate with the team in Bangalore and the team in Armonk/Fort Wayne. Take ownership of the tasks assigned and deliver results conforming to the standards set by the unit. Proactively engage with the team to improve the process.About You:<ul><li>Strong data organization and analysis skills.</li><li>Excellent oral and written communication skills.</li><li>Ability to partner with the team in North America given time differences.</li><li>Good team player.</li><li>Strong learning motive.</li><li>Strong critical thinking skills.</li><li>Proficiency in working with spreadsheet and database packages.</li><li>Fresher or 1 to 2 years of experience.</li></ul>About Swiss ReSwiss Re is one of the world’s leading providers of reinsurance, insurance, and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought, or other characteristics. In our inclusive and flexible environment, everyone can bring their authentic selves to work and their passion for sustainability.If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

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.

<article class="article article--details article--separator-not regular-fields--cols-2Z">Country: IndiaWorking Schedule: Full-TimeWork Arrangement: HybridRelocation Assistance Available: YesPosted Date: 13-Mar-2025Job ID: 7273</article><article class="article article--details">Description and RequirementsActuarial ServicesAbout MetLifeMetLife, through its subsidiaries and affiliates, is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits, and asset management to individual and institutional customers.With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future.United by purpose and guided by empathy, we’re inspired to transform the next century in financial services.At MetLife, it’s All Together Possible. Join us!</article>

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>

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 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>

Milliman is seeking enthusiastic actuarial students with analytical, problem-solving, technical and communication proficiencies to join our life practice based in Mumbai on a temporary basis.This is an ideal opportunity for actuarial students to work 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 and support on delivering high-quality work to our clients</li><li>Work on a range of actuarial projects but with key focus on core tasks such as actuarial modelling, valuations, etc. which will lend practical understanding on the technical concepts you have studied so far</li><li>Assist on market and industry research which will serve as the foundation of actuarial advice we give to our clients</li><li>Work effectively and efficiently in project teams led by senior actuaries in the industry, in a flexible but fast paced environment</li><li>Develop hands-on technical skills and further your learning of core actuarial concepts as a result of on-going training from our team</li><li>Help develop professional connections and habits during your student years itself</li></ul>Desired experience and professional qualifications<ul><li>0-1 year of professional experience</li><li>Pursuing Bachelors or Masters in a relevant field (Actuarial Science, Mathematics, Statistics, Economics, etc.)</li><li>Pursuing actuarial examinations from a recognized professional body/institute</li></ul>Desired competencies<ul><li>Thorough understanding of actuarial subjects studied thus far</li><li>Keenness to learn and ask questions</li><li>Analytical and communication skills</li><li>Driven and self-motivated</li><li>Basic knowledge of MS Excel or VBA programming</li></ul>Benefits offered<ul><li>Competitive remuneration</li><li>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.

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.

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):If experienced, relevant domain experience (pensions or similar) will be an advantageGood To Have:<ul><li>Strong Communication</li><li>
Good analytical skills, Proficient in MS Excel and word</li></ul>

Actuary Internships Summer 2025 | Job Vacancies & Career Opportunities