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Senior Actuarial Analyst - Defined Benefits

Principal Financial Group

Pune, IndiaFull TimeSenior
Sign in to applyVerified 2h ago
Location
Pune, India
Employment
Full Time
Work model
On-Site
Level
Senior

Skills

PythonSQL

About this role

Responsibilities

Role Purpose: To own complex calculation components, review analyst work, resolve advanced technical issues, and strengthen the reliability of DB automation deliverables through deeper actuarial judgment and process discipline.

Job Summary

The Senior Actuarial Analyst owns complex calculation assignments and provides technical review support for analyst deliverables. The role requires strong DB pension interpretation skills, deeper testing judgment, defect analysis capability, and the ability to guide less experienced team members while improving the quality and reliability of automation outputs.

Job Description

The Senior Actuarial Analyst manages moderately complex to complex calculation assignments and acts as a key technical reviewer for analyst work. The role requires deeper interpretation of plan provisions, stronger judgment in identifying edge cases, and the ability to assess whether calculation logic, testing coverage, and documentation are complete and reliable. In addition to hands-on delivery, the Senior Actuarial Analyst supports defect investigation, root cause analysis, technical guidance, and knowledge transfer to less experienced team members. The role contributes to improved first-pass quality, reduced rework, and stronger review readiness by applying actuarial judgment, structured problem solving, and consistent quality discipline across assigned workstreams. Own complex calculation workstreams involving multiple benefit events, conditional plan rules, and non-standard scenarios through completion with limited escalation. Review analyst-prepared calculation logic, testing packs, and documentation to improve first-pass quality and reduce rework before final review. Investigate recurring or high-impact defects and recommend durable fixes that reduce repeat issues across similar plans or calculation scenarios. Translate reviewer comments and stakeholder clarifications into actionable technical guidance that enables analysts to close items without repeated clarification. Identify gaps in test coverage and recommend additional scenarios to improve defect detection before release.

Qualifications

Bachelor’s or Master’s degree in Actuarial Science, Mathematics, Statistics, or a related quantitative discipline. 3 to 5 years of relevant experience in DB pensions, actuarial calculations, calculation systems, automation testing, or pension risk transfer work. Strong ability to interpret complex plan provisions, identify edge cases, and assess calculation accuracy across multiple benefit scenarios. Intermediate to advanced Excel skills; exposure to VBA, SQL, Python, or calculation automation tools is preferred. Demonstrated ability to review work, coach analysts, communicate technical findings, and manage multiple complex assignments. Strong mentoring mindset, sound judgment, resilience under delivery pressure, and ability to communicate complex findings with clarity and confidence.

Additional Information

Shift Time :1:30 to 10:30 pm Minimum 2 papers to be cleared on Actuarial LinkedIn Remote Hashtag #LI-Remote

Listing verified 2h ago. Applications go through the company's official careers site.

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Senior Actuarial Analyst - Defined Benefits at Principal Financial Group, Pune, India | Yoinka