Lead Assistant Manager

Role Overview

• 3-10 years’ of actuarial experience in life insurance.
• Minimum of 1-2 actuarial exams completed, with CM1 preferred but not mandatory.
• Good knowledge of Excel is required, with VBA macros knowledge preferred.
• Excellent written and verbal communication skills, with the ability to communicate effectively with multiple stakeholders.
• Basic knowledge of annuity and life products is preferred.
• Excellent business skills leading to understanding of client’s requirements
  

Key Responsibilities

• Validate policy calculations on the policy administration system and product illustration systems to ensure accuracy and consistency.
• Test and modify Excel-based policy cashflow calculation tools and generate policy illustrations such as Benefit Illustration, Annual Statement, and Policy Values.
• Support updates to illustration software, including testing user interfaces and generating relevant reports for accuracy and usability.
• Coordinate with multiple stakeholders, including internal teams and external parties, to address and resolve any product or operational issues.
• Prepare key metric reports such as death claims and SLA performance metrics on a daily and weekly basis for senior management.
• Manage the illustration workflow effectively through JIRA, ensuring that tasks are assigned to team members in a timely manner and deadlines are met.
• Monitor the progress of illustration requests and report on the status of these requests in accordance with internal SLAs.
• Support weekly annuity pricing monitoring work based on updated pricing inputs, such as asset spreads, crediting rates, liability discount curves, and SOFR rates, whenever required.
• Execute various macros to update the pricing inputs and prepare updated input file for MG-ALFA model.
• Run MG-ALFA models for updated results using revised pricing inputs and prepare a summary comparison from the previous week's results for stakeholders to determine if annuity rates need to be revised.
  

Candidate Profile

• Bachelor’s/Master's degree in economics, mathematics, actuarial sciences.
• Is able to understand cross cultural differences and can work with clients across the globe.
• Previous internship experience in the actuarial domain is preferred but not mandatory.
• A highly motivated individual with a strong willingness to learn and adapt.
• A problem-solver who is comfortable managing multiple priorities simultaneously.
• A team player who is collaborative and open to working with people from diverse backgrounds.
• Strong analytical skills, with keen attention to detail.
• Able to work in a fast-paced, continuously evolving environment and handle new challenges.
• Comfortable handling multiple tasks and priorities while maintaining high-quality standards and meeting deadlines.
• Outstanding written and verbal communication skills.
  

What We Offer

• EXL Analytics offers an exciting, fast paced and innovative environment, which brings together a group of sharp and entrepreneurial professionals who are eager to influence business decisions. From your very first day, you get an opportunity to work closely with highly experienced, world class analytics consultants.
• You can expect to learn many aspects of businesses that our clients engage in. You will also learn effective teamwork and time-management skills - key aspects for personal and professional growth
• Analytics requires different skill sets at different levels within the organization. At EXL Analytics, we invest heavily in training you in all aspects of analytics as well as in leading analytical tools and techniques.
• We provide guidance/ coaching to every employee through our mentoring program wherein every junior level employee is assigned a senior level professional as advisors.
• Sky is the limit for our team members. The unique experiences gathered at EXL Analytics sets the stage for further growth and development in our company and beyond.