Analyst – Actuarial

Sun Life

11h • Hybrid

About The Position

This role is for an Analyst – Actuarial within the Actuarial Team, a Full Time position with shift timings from 12 pm to 8:30 pm, operating in a Hybrid work mode. The India Service Centre aims to create economies of scale for common functions, improve productivity, reduce unit costs, and enable Sun Life to make more effective investments in technology. By working collaboratively with Sun Life business partners, the center seeks to extend the Clock, the Dollar, and provide Scalability. The strategic objectives include contributing to growth, customer-focused execution, increasing efficiency and effectiveness, ensuring effective governance, innovating for business value, and maximizing people capabilities. Sun Life India is committed to its value system, fostering long-term employee relationships and investing in professional, technical, and management skill development. Employees are viewed as catalysts for success, contributing to better business processes and solutions. The company provides safe, stable working conditions, a supportive environment, respects diversity, and builds relationships of mutual trust, enabling employees to demonstrate their abilities fully, grow professionally, and take pride in their work.

Requirements

• Graduate / Postgraduate
• 2-4 actuarial exam and (CM1 is preferred)
• Experience in actuarial domain
• Proficient in MS-Excel
• Team player
• Good and effective communication and writing skills

Nice To Haves

• Experience in life insurance domain (including knowledge of various life insurance products)
• Hands on experience on actuarial softwares like GGY Axis, Risk Integrity, Prophet
• Working knowledge of IFRS 17
• Logical thinking and programming mindset with knowledge of Python, R, SQL, VBA etc.
• Understanding of modelling framework and validation techniques
• Appreciation of end-to-end actuarial system architecture, products, and methodologies

Responsibilities

• Design, build and test Axis models for Sunlife across geographies including Canada, US, and Asia
• Develop, test and maintain models and utilities for implementations such as IFRS17, LICAT etc.
• Develop, test and maintain tools and utilities used for model inputs and extraction of model output
• Review and test IFRS 17 models which includes reserve movement checks/reconciliations, cashflow checks at both aggregate and policy level etc.
• Validate IFRS4 models and provide detailed summary report to stakeholders
• Analyze and present results to stakeholders
• Effectively communicate with the stakeholders and execute the tasks independently

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree
• Number of Employees: 1-10 employees