Actuarial Analyst – Assurant India The Actuarial Analyst will be responsible for evaluating, underwriting, and managing reinsurance risks in line with the branch's underwriting strategy, risk appetite, and regulatory requirements. The role will support profitable business growth while ensuring compliance with IFSCA regulations, internal underwriting guidelines, and group policies applicable to the Foreign Reinsurance Branch operating as an IFSC Insurance Office (IIO). Location: GIFT City, Gandhinagar, Gujarat (IFSC) Key Responsibilities Assess, evaluate, and approve facultative and treaty reinsurance risks in line with approved underwriting guidelines, delegated authority limits, and risk appetite. Develop, maintain, and periodically review pricing models, risk selection criteria, underwriting frameworks, and exposure management standards. Ensure adherence to approved risk appetite, underwriting governance requirements, accumulation controls, and exposure limits. Work closely with brokers, cedants, and business partners to support business development, client retention, and profitable portfolio growth. Monitor portfolio performance, loss ratios, claims trends, premium adequacy, and overall underwriting profitability. Coordinate with actuarial, risk management, and finance teams to assess pricing adequacy, portfolio performance, reserving trends, and capital implications. Review submissions, exposure data, claims history, and market information to determine appropriate pricing, terms, conditions, and capacity deployment. Negotiate reinsurance contract terms, coverage conditions, exclusions, and pricing with cedants and intermediaries. Ensure documentation quality, contract certainty, and compliance with international reinsurance practices, regulatory requirements, and internal policies. Maintain accurate underwriting records, risk assessments, and management information systems. Monitor catastrophe exposures, concentration risks, and portfolio accumulations to ensure effective risk management. Ensure compliance with IFSCA regulations, internal underwriting policies, sanctions requirements, AML obligations, and applicable governance standards applicable to IIO operations. Provide regular portfolio analysis, underwriting reports, and performance updates to the Principal Officer and parent entity (VSC). Provide insights and recommendations to the Principal Officer regarding market developments, competitive dynamics, emerging risks, reinsurance pricing trends, and underwriting strategy. Support regulatory reporting, audits, inspections, and information requests from IFSCA and other relevant authorities. Build and maintain strong relationships with cedants, brokers, reinsurers, and other market participants to support the branch's strategic objectives. What are the requirements needed for this position? Education Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field Associate or near Associate of a recognized actuarial body (e.g., SOA, CAS, IFoA, CIA or equivalent). Experience Minimum of 8 years of overall experience. Minimum of 8 years of progressive responsibilities in an actuarial role, including leading projects, processes, and staff. Helping People Thrive in a Connected World Connect with us. Bring us your best work and your brightest ideas. And we’ll bring you a place where you can thrive. Learn more at jobs.assurant.com. 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. Since we would like to know the real you, we require that all of our virtual interviews be conducted on video. 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. Job Scam Alert Please be aware that during Assurant's application process, we will never ask for personal information such as your National ID number, bank account details, or passwords. Learn more about what to look out for and how to report a scam here. We work with the world’s top brands to make smart devices simpler. Vehicles last longer. Homes more secure. Problems easier to solve. And we volunteer in communities all over the globe to help the world become a greener, better place. We come from a variety of countries, cultures, and backgrounds. But we’re united by our enduring values of common sense, common decency, uncommon thinking, and uncommon results. So connect with us. Bring us your best work and your brightest ideas. And we’ll bring you a place where you can thrive.

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9 Nov, 2026

Assurant

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Senior level
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Salary not listed

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