Sr. Specialist, Quantitative Risk Analytics 4D

Overview

Senior Manager (Band 4D) leading the end-to-end capital regime function, with accountability for Solvency II capital delivery, delivery governance, and senior offshore interface with client stakeholders.

What you'll do

• Lead and own the capital regime function with accountability for end-to-end Solvency II capital delivery.
• Provide strategic oversight of quarterly SCR calculations, capital governance and regulatory compliance.
• Approve capital methodologies, assumptions, aggregation approaches, and control frameworks.
• Serve as senior point of contact for regulators, auditors and Boards on capital matters.
• Oversee preparation and final sign-off of capital-related QRTs, SFCR inputs, and Board reporting materials.
• Guide escalation and resolution of material capital risks and emerging issues.
• Ensure robustness of audit trails, documentation standards, and regulatory defensibility.
• Drive continuous improvement initiatives including automation, process optimization and technology enhancements.
• Build and develop high-performing teams through coaching, performance management and capability building.

What you'll need

• Bachelor's or master's degree in Actuarial Science, Finance, Economics, or related fields.
• Demonstrated experience engaging at Board and regulatory level on capital matters.
• Experience in Solvency II Directive and Delegated Acts.
• Experience in SCR calculations and regulatory submissions.
• Experience in Risk & Compliance.
• Experience in Capital Modelling & Cashflow Mechanics, including strong understanding of stochastic and deterministic cashflow generation across assets and liabilities, projection logic, discounting frameworks, and linkage to BEL, Risk Margin, and SCR calculation under Solvency II.
• Ability to articulate how market, credit, lapse, mortality, and expense shocks propagate through valuation models and impact SCR, Own Funds, diversification effects, and solvency ratios.
• Theoretical/working knowledge of full revaluation vs sensitivity-based approaches, nested simulations, proxy models, Monte Carlo methodologies, and aggregation/correlation structures within Internal Model and Standard Formula frameworks.
• Ability to assess and improve regulatory processes across the organization.
• Proficient in preparing process narratives and high-quality working papers.
• Strong analytical abilities with the capability to interpret complex evidence and identify root causes.
• Excellent written and verbal communication, including report writing and issue drafting.
• Ability to work on multiple assignments simultaneously and manage deadlines in a global delivery model.
• Proficiency in MS Office (Excel, Word, PowerPoint), and familiarity with reporting tools such as PowerBI, GRC tools, and regulatory reporting platforms (Wolters Kluwers, Axiom etc) or workflow systems.
• Deep expertise in insurance regulatory frameworks and supervisory expectations.
• English language proficiency at Upper Intermediate (B2) level.

Nice to have

• Professional certifications such as Actuary, FRM, CFA or MBA (not mandatory but strongly valued).

Details

• Location: 1401-G-India, INFOSPACE IT PARK, TOWER -4, JHARSA, Gurgaon.
• Work mode: Office work.
• Shift: Flex Time (India).
• Job type: Regular.