Assistant Vice President - Actuary
HDFC ERGO
6 - 13 years
Mumbai
Posted: 07/12/2025
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Job Description
Key Roles & Responsibilities
- Drive the development and implementation of strategic initiatives aligned with organizational goals.
- Collaborate with senior leadership to define long-term objectives and translate them into actionable plans.
- Establish and manage the Project Management Office (PMO) framework for the Actuary Department.
- Oversee project governance, resource allocation, and adherence to timelines and budgets.
- Work closely with actuarial teams to ensure strategic projects align with regulatory requirements and business objectives.
- Support pricing, reserving, and risk management strategies through data-driven insights.
- Engage with cross-functional teams, including Finance, Risk, and Operations, to ensure seamless execution of strategic projects.
- Prepare and present reports to senior management and board committees.
- Define KPIs for strategic initiatives and monitor progress against targets.
- Implement continuous improvement processes for project delivery and strategic outcomes.
Key Requirements – Education & Certificates
- Bachelor’s degree in actuarial science, Finance, Economics, or related field.
- Master’s degree in business administration (MBA) or equivalent.
Key Requirements – Experience & Skills
- Minimum 6-12 years of experience in insurance, actuarial, or financial services.
- Strong understanding of actuarial principles, risk management, and regulatory frameworks.
About Company
HDFC ERGO General Insurance is a leading private sector general insurance company in India, formed as a joint venture between HDFC Ltd. and ERGO International (a part of the Munich Re Group). The company offers a wide range of insurance products including health, motor, travel, home, and commercial insurance. Known for its customer-centric approach, strong digital infrastructure, and quick claims processing, HDFC ERGO serves millions of individuals and businesses across the country, making it a trusted name in the Indian insurance industry.
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