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Principal Financial Group

Offers retirement planning, life insurance, investments

Lead Actuarial Analyst

Actuarial & Risk ModellingPosted on Nov 2
Full-timeRemote in IndiaNo salary listedRemote

About the Job

Requirements

  • A bachelor's degree in any stream is required.
  • The candidate must have sound technical skills, high aptitude, a positive attitude, strong interpersonal skills, experience in estimation methodologies, excellent communication and time-management skills, and good English communication.
  • The candidate must have exposure to a global working environment.
  • The candidate must demonstrate problem-solving, analytical, time-management, planning, decision-making, self-motivation, and collaboration abilities.
  • The candidate must be able to make sound business decisions, embrace change, build strong partnerships, get results, act strategically, and cultivate talent.

Responsibilities

  • Independently own actuarial work, deliver high-quality results, solve problems, work effectively with business partners, and identify opportunities to improve processes through automation and artificial intelligence.
  • Transition work from the home office and contribute significantly to the team by mentoring and guiding its technical work.
  • Ensure timely, high-quality delivery, minimize escalations, and act as a bridge between the home-office team and the Pune team.
  • Apply in-depth technical or functional knowledge in one or more actuarial domains, including valuation, pricing, reserving, reporting, and risk management.
  • Guide and mentor analysts on the team.
  • Analyze and translate business information and technical requirements into projects that the team can manage and complete efficiently and with quality and timely delivery.
  • Work with senior actuarial analysts and consultants to establish project delivery timeframes and paths, aligning them with the strategy and expectations of PGS and the home office.
  • Serve as a technical expert and critical resource across multiple disciplines; adapt across business areas and actuarial domains such as pricing, statutory reserving, modeling, and monthly, quarterly, and annual reporting.
  • Resolve disputes and make tradeoffs.
  • Complete actuarial tasks and lead the team in completing them using organizational-standard toolsets.
  • Plan evolutionary paths, identify innovation and automation opportunities, and identify risk-mitigation strategies for actuarial work.
  • Bring industry-wide best practices and understand external technology trends, relating those trends to the workplace.
  • For data-focused work, guide the team in using Microsoft Access, Visual Basic for Applications (VBA), R, and SAS.
  • Assist in planning projects and programs.
  • Identify and interact with the home-office team and necessary business stakeholders to ensure their needs and expectations are met.
  • Promote actuarial practice and conduct roadshows or other sessions to demonstrate it.
  • Comply with Principal- and business-unit-specific practices.
  • Support the Manager, Senior Manager, Group Manager, and head of operations with estimation and risk identification, and mitigate technical, functional, and people-related risks.
  • Provide technical mentorship, build actuarial expertise, and serve as a subject-matter expert in one or more areas such as valuation, pricing, reserving, or risk management.
  • Lead community actuarial analysts and senior analysts.
  • Contribute to business-unit maturity in actuarial credentials and technical areas.

About the Company

Principal Financial Group

Offers retirement planning, life insurance, investments

Principal Financial Group provides a wide range of financial services, including retirement plans, life insurance, and investment opportunities for individuals, businesses, and institutional investors. Its products work by collecting premiums or fees and managing investments to help clients save for retirement, protect loved ones, and grow wealth over the long term. The company differentiates itself through its breadth of offerings, customized financial solutions, and flexible retirement and investment options designed to fit different needs. Its goal is to give clients financial stability and growth potential by offering planning tools, insurance protection, and investment opportunities across various markets.

Company size
10,001+
Company stage
IPO
Headquarters
Des Moines, IA
Founded
1879

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