Actuarial Manager

BYJU'S
Applicants0
Posted15 days ago

Job Highlights

Experience0 - 6 Yrs
SalaryUndisclosed
LocationNoida
Work ModelHybrid
RoleActuarial Manager
Openings1
EmploymentFull-Time
EducationDiploma

Required Skills

Actuarial modeling (e.g., GLMs, simulation techniques)Statistical analysis and data miningProficiency in actuarial software (e.g., R, Python, SQL)Financial modeling and forecastingRisk management principlesStrong analytical and problem-solving skillsExcellent communication and presentation skillsAbility to work with large datasetsUnderstanding of the education technology sector (preferred)Fellowship or Associate membership of a recognized actuarial society (e.g., IAI, SOA, CAS)

Job Description

Role Summary: The Actuarial Manager will be responsible for developing and implementing actuarial models and strategies to support the company's financial planning, risk management, and product development initiatives within the education technology sector. This role requires a strong understanding of actuarial principles, data analysis, and the ability to translate complex findings into actionable insights for business stakeholders.

Key Responsibilities:
- Develop, maintain, and enhance actuarial models for pricing, reserving, and financial forecasting.
- Analyze large datasets to identify trends, risks, and opportunities related to student enrollment, retention, and product performance.
- Collaborate with product development teams to assess the financial viability and risk profile of new educational offerings.
- Support the finance and risk management departments in regulatory compliance and capital adequacy assessments.
- Prepare actuarial reports and present findings and recommendations to senior management.
- Stay abreast of industry trends, regulatory changes, and best practices in actuarial science and ed-tech.
- Mentor and guide junior actuarial staff.

About BYJU'S

BYJU'S is India's largest ed-tech company and the world's largest ed-tech platform by market valuation. Founded in 2011 by Byju Raveendran and Divya Gokulnath, the company offers a wide range of learning programs for students from KG to 12th grade and for competitive exams like CAT, JEE, NEET, UPSC, GRE, and GMAT. BYJU'S uses technology to make learning engaging and personalized, adapting to each student's learning style and pace. The company has expanded globally, acquiring several international ed-tech companies.

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