Infosys BPM is hiring for Actuarial Modelling & Analytics Consultant - Mumbai

Greetings from Infosys BPM Ltd.,

We are hiring for Actuarial Modelling & Analytics Consultant - Mumbai location. Please find below Job Description for your reference:

• Job Location: Mumbai
• Qualification: Any Graduates (Full Time)
• Experience: 4-8 Years
• Designation: Actuarial Modelling & Analytics Consultant
• Employment Type: Full Time
• Notice Period: Immediate joiners to 90 days
• Job Level : 5A/5B
• Shift: Flexible to work for any shift
• WFO/ Hybrid: Work from Office/ Hybrid

JOB DESCRIPTION: Infosys BPM is building a global actuarial consulting practice to support insurance clients across life, health, and general insurance. This is a unique opportunity to join at an early stage and work on international consulting engagements, while helping shape a practice focused on actuarial modelling, model transformation, automation, and scalable actuarial delivery solutions.

Role Overview:

• We are looking for a mid to senior actuarial professional with hands-on experience in actuarial modelling, model
• governance, and analytical problem solving. The role is centred on actuarial model development, validation,
• migration, and transformation, while also leveraging analytics, automation, and technology solutions to improve
• actuarial processes and client outcomes.
• This role is ideal for candidates with strong actuarial modelling expertise who are interested in working more
• broadly across transformation programmes, analytical solution development, reporting automation, and
• technology-enabled actuarial consulting

Key Responsibilities: CORE MODELLING → Build, enhance, maintain, and transform actuarial models across valuation, financial reporting, pricing, capital, ALM, and business planning applications. → Support model migration, modernisation, consolidation, and optimisation initiatives across multiple actuarial platforms. → Perform model validation, testing, peer review, reconciliations, sensitivity analysis, and control assessments to ensure robust and reliable model outcomes. → Interpret model outputs, investigate movements, and communicate business implications clearly to clients and stakeholders. → Develop and maintain high-quality model documentation, methodology papers, validation reports, and governance artefacts. → Support model governance frameworks, model risk management processes, and actuarial control environments

ANALYTICS, DATA & TRANSFORMATION: → Support actuarial data analysis, experience studies, assumption reviews, and financial investigations using analytical tools and programming languages. → Develop automation solutions that improve efficiency, scalability, and control across actuarial reporting and modelling processes. → Collaborate with technology, engineering, and data teams to deliver integrated actuarial solutions and transformation initiatives. → Contribute to dashboards, data visualisation tools, analytical applications, and actuarial reporting enhancements where relevant. → Support the development of actuarial accelerators, reusable assets, and technology-enabled delivery solutions. → Explore emerging technologies including AI-enabled actuarial workflows and analytics applications

CONSULTING: → Participate in client workshops, model walkthroughs, validation reviews, and solution design discussions. → Support proposal development, solution architecture, and practice-building initiatives. → Be open to occasional travel for client engagements in India and internationally

Qualifications & Experience: KEY DIFFERENTIATOR Experience supporting international insurance markets through actuarial modelling, model transformation, validation, or consulting engagements and/or strong Indian market modelling experience with exposure to complex actuarial models, governance frameworks, and analytical interpretation. ✓ 4 to 8 years of actuarial experience across modelling, valuation, reporting, capital, pricing, or actuarial technology roles. ✓ Strong hands-on experience with one or more actuarial modelling platforms such as Prophet, AXIS, MoSes, RiskAgility FM, MG-ALFA, Integrate, RAFM, or equivalent tools. ✓ Thorough understanding of model architecture, projection logic, assumptions, model point structures, cashflow modelling, and output interpretation. ✓ Experience performing model testing, validation, reconciliations, controls testing, or peer review activities. ✓ Ability to investigate actuarial results and explain movements, sensitivities, and business impacts. ✓ Working knowledge of Python, SQL, VBA, R, or similar analytical technologies. ✓ Strong communication skills and ability to operate in client-facing environments. ✓ Progressing towards actuarial qualification (IFoA, IAI, SoA, or equivalent).

Preferred Skills: Experience supporting IFRS 17, US GAAP/LDTI, Solvency II, Economic Capital, Embedded Value, RBC, or other actuarial reporting frameworks. ◆ Prior actuarial consulting, model transformation, or advisory experience. ◆ Independent model validation or model review experience. ◆ Exposure to reinsurance reporting, treaty onboarding, or complex liability modelling. ◆ Experience developing automation scripts, workflow solutions, or analytical tools that support actuarial processes. ◆ Exposure to cloud-based analytical environments, dashboarding solutions, or data transformation initiatives

Skills & Technologies: ACTUARIAL MODELLING: Prophet MG-ALFA AXIS MoSes Integrate Model Development Model Validation RiskAgility FM RAFM Model Migration Model Governance

ANALYTICS & TECHNOLOGY: Python SQL Dashboarding Data Visualisation Automation

REPORTING & REGULATORY: IFRS 17 US GAAP / LDTI Economic Capital Solvency II Embedded Value RBC

QUALIFICATIONS: IFoA IAI SoA

INSURANCE DOMAINS: Life Insurance Health Insurance Reinsurance Consulting Global Delivery

If interested, please share your resume with below details to ruchira.pingulkar@infosys.com Location: 📍 Mumbai · Gurgaon · Pune · Bangalore · Flexible / Remote-Friendly.

Name: Email & Mobile Number:

Graduation: Total experience:

Number of Actuarial Science Exam cleared out of 13: Current CTC:

Expected CTC: Notice period:

Thanks & Regards, Talent Acquisition Team

Infosys BPM Ltd