Manager, Actuarial Modeling

Manager Actuarial Modeling PFI Innovation Centre India is an exciting new innovation center. We’re building a future that helps people live better lives longer – and we’re looking for bold thinkers and team players to help us do it.

Here, you’ll tackle complex challenges, collaborate with brilliant minds across the globe, and grow your career while helping millions achieve financial security.

a Purpose Driven Company – 150 Years While the PFI Innovation Centre brand is new to India, you’ll be a part of the Prudential Financial, Inc. family. Founded in Newark, NJ, we serve 50 million customers across more than 50 countries. With $1.334 trillion in assets, we’re a global leader in institutional asset management. The 2nd largest life insurer in the US and the 9th largest institutional global asset manager.

At the PFI Innovation Centre India, you’ll find high-performance culture that’s flexible, collaborative, and grounded in respect. We engage with candor, take calibrated risks, and hold ourselves accountable – always focused on delivering for our customers. It’s the standard we choose every day as we grow, perform, and win as one team. We offer valuable leadership, mentoring and learning opportunities, paired with flexibility and support to help you thrive.

Whether you’re just starting out or ready to take your next step, we’ll help you grow with purpose and do the best work of your career.

What You Will Do Based in the India Global Capability Center, the Finance & Actuarial Manager will hire, lead, and develop a high-performing team supporting U.S. insurance actuarial activities, with a focus on actuarial modeling and selected valuation and forecasting work. The role provides people leadership, technical oversight, and disciplined delivery in partnership with India and U.S.-based actuarial leaders.

What You Can Expect

• Lead hiring, onboarding, development, performance management, and retention for the India-based modeling actuarial team, establishing clear roles, service expectations, development paths, and a culture of accountability and continuous improvement.
• Oversee the development, execution, maintenance, testing, and documentation of actuarial models supporting valuation, forecasting, pricing, risk management, financial planning, and related activities.
• Guide model enhancement, automation, modernization, user acceptance testing, change management, validation, assumptions, scenarios, technical review, and issue resolution in partnership with U.S.-based stakeholders.
• Drive process optimization using Python and modern analytical tools, improving efficiency, scalability, quality, controls, data stewardship, standardization, and decision support.
• Maintain actuarial, financial, model governance, data, documentation, and control standards, including review evidence, testing records, audit support, production readiness, issue remediation, and timely risk escalation.

What You Will Bring

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, Engineering, or a related quantitative discipline.
• An internationally recognized actuarial designation and five or more years of experience in actuarial or financial modeling, valuation, reserving, forecasting, or insurance finance.
• People leadership, team management, or supervisory experience, with the ability to lead effectively in a global delivery model across multiple time zones.
• Understanding of U.S. life insurance, annuity, retirement, or protection products, related modeling concepts, and familiarity with US GAAP and/or statutory reserving requirements.
• Demonstrated Python and process automation experience, with strong analytical, problem-solving, communication, stakeholder management, and documentation skills.

What will set you apart?

• Experience with Polysystems, AXIS, Prophet, MG-ALFA, or similar actuarial modeling platforms.
• Exposure to integrated modeling, enterprise forecasting, asset liability management, capital, risk, or hedging processes.
• Experience supporting global delivery models, shared services, centers of excellence, or global capability centers.
• Knowledge of model governance, validation, audit, regulatory, and documentation expectations.
• Experience leading transformation, automation, modernization, or process improvement initiatives.
• Familiarity with cloud-based data platforms, data pipelines, advanced analytics, or AI-enabled productivity tools.
• *PFI Innovation Centre India welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.