Actuarial Supervisor

Actuarial Supervisor, Assurant – India

The Actuarial Supervisor plans and manages a team of entry level staff who support various actuarial functions that include pricing, reserving, financial reporting, capital management & forecasting. The Actuarial Supervisor provides highly complex analysis and techniques which support Assurant operations in achieving its goals related to revenue and profitability targets. This role is expected to also participate in the department’s rotational program, which provides the opportunity to gain experience in numerous areas of the Actuarial organization while also understanding all products included in Assurant’s product suite. The Actuarial Supervisor generally reports to the Manager, Director, or AVP of Actuarial.

This position will be in Mumbai at our India location.

What will be my duties and responsibilities in this job?

• Creates memorandums, reports, and other business communications with logical structure and minimal assistance. Recommends, develops and implements solutions to translate financial data into business metrics that meet the needs of the stakeholders.
• Prepares projections and reviews reports for accuracy and reasonableness; applies detail for recommendations to management; acknowledges industry trends which may affect analysis.
• Probes to understands report requesters' needs, adjusts methodologies as necessary using a wide range of techniques; suggest alternative approaches.
• Interacts with external (e.g, state insurance departments, auditors, etc.) and internal (finance, accounting, regulatory, IT, etc.) areas regarding business processes, gaps, strategy & improvements.
• Leads projects and efforts to improve system & data quality and measures improvements.
• Deliver high employee performance by leading a team of entry-level employees providing knowledge transfer, coaching, and mentoring opportunities. Works with employees to define individual SMART goals, aligning with department strategy. Assists with the talent recruitment process.
• Manages multiple projects with varying deadlines and complexity for self & staff.
• Actively manages self-development. Takes actuarial exams in pursuit of professional designation.

What are the requirements needed for this position?

Education

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field
• Associate or Fellow of a recognized actuarial body (e.g., SOA, CAS, IFoA, CIA or equivalent).

Experience

• Minimum of 10 years of overall experience.
• Minimum of 10 years of progressive responsibilities in an actuarial role, including leading projects, processes, and staff.

Technology requirements

• Advanced proficiency in Microsoft Excel, PowerPoint, and Word
• Advanced to Expert proficiency in MS Office Applications including Excel, PowerPoint, Word, Outlook, SharePoint. Advanced to Expert proficiency to various data repository platforms (SAS/SQL/etc.).
• Must be an Associate or Fellow of the Actuarial Society (CAS/SOA/CIA/IFoA)
• Has broad and deep expertise in actuarial concepts and product knowledge in multiple LOBs
• Familiarity with data analysis, modeling, and reporting tools

Helping People Thrive in a Connected World
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What’s the culture like at Assurant?
Our unique culture is a big reason why talented people choose Assurant. Named a Best/Great Place to Work in 14 countries and awarded the Fortune America’s Most Innovative Companies recognition, we bring together top talent around the world. Although we have a wide variety of skills and experiences, we share common characteristics that are uniquely Assurant. A passion for service. An ability to innovate in practical ways. And a willingness to take chances. We call our culture The Assurant Way.

Company Overview
Assurant is a leading global business services company that supports, protects, and connects major consumer purchases. A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the world’s leading brands to develop innovative solutions and deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters insurance, lender-placed insurance products, and other specialty products.

AI and Biometric Usage

Assurant supports the responsible use of Artificial Intelligence (AI), but we want to know the real you. Visit our AI Usage Guidelines page to understand what we expect from applicants regarding their use of AI during the application process.  

Employment is contingent upon completion of a required identity verification process, which may include biometric technology, where permitted by applicable law and subject to applicable notice and consent requirements. See our Privacy Notice to learn about Assurant’s privacy practices, including our use of AI-enabled technology, automated decision making, and biometric information.

Equal Opportunity Statement
Assurant is an Equal Employment Opportunity employer and does not use or consider race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other characteristic protected by federal, state, or local law in employment decisions.

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