Actuarial Analyst

We are seeking a highly motivated Actuarial Analyst / Associate (near qualification) to join our team in the Life Insurance and Annuities domain
. The role focuses on actuarial modeling, valuation, pricing, and risk analysis for life and annuity products. The candidate will support financial reporting, experience analysis, and model development while working closely with cross‑functional teams.

• Support valuation of life insurance and annuity liabilities (reserves, technical provisions)
• Assist in financial reporting under statutory and regulatory frameworks (e.g., IFRS 17, Solvency regimes)
• Perform experience analysis (mortality, lapse, expenses)
• Support embedded value / profitability analysis
• Assist in pricing and product development for life and annuity products
• Perform profitability testing and scenario analysis
• Incorporate product features, assumptions, and regulatory requirements into pricing models

• Work with actuarial models (Prophet, AXIS, or similar platforms)
• Perform data extraction, validation, and transformation
• Develop and maintain actuarial models and tools
• Apply statistical techniques to analyze trends and assumptions
• Support risk monitoring and sensitivity analysis
• Analyze key drivers such as interest rates, longevity, and policyholder behavior

• Identify opportunities for automation and process optimization
• Support development of controls and quality checks
• Assist in improving efficiency of actuarial workflows

• Collaborate with finance, risk, product, and underwriting teams
• Communicate findings and insights to stakeholders in a clear and structured manner

• Bachelor’s degree in actuarial science, Mathematics, Statistics, or related field
• Associate (ASA/FSA) OR near qualification (majority of actuarial exams cleared)
• 10+ years of actuarial experience, preferably in Life Insurance / Annuities
• Experience in life insurance valuation, pricing, or reporting
• Exposure to IFRS 17, Embedded Value, or Solvency frameworks
• Hands‑on experience in actuarial tools (Prophet, AXIS, MG‑ALFA, etc.)
• Proficiency in Excel, VBA, SQL, R, or Python
• Understanding of mortality, longevity, lapse, and economic assumptions

• 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.