Life Insurance Jobs in Mumbai, India

Entry‑level Actuarial Analysts earn $70k–$90k; mid‑level analysts $90k–$120k; senior analysts or data scientists $120k–$160k; directors and VP‑level roles range $160k–$220k, often with bonus and equity components.

Actuarial exams (SOA/ CAS), CPCU, or CFA; proficiency in SAS, R, Python, SQL; data visualization with Tableau or Power BI; Salesforce and API integration for underwriting; knowledge of Solvency II, Dodd‑Frank, and ESG reporting frameworks.

Yes—many firms offer fully remote or hybrid models for analytics, software engineering, and product roles. Typical policies allow 3–5 remote days per week, with optional in‑office meetings for cross‑functional collaboration.

Start as an Actuarial Analyst or Data Scientist, advance to Senior Analyst or Automation Engineer, then to Manager or Lead Analyst, followed by Director of Analytics or VP of Technology, and ultimately Chief Data Officer or Chief Actuary.

AI‑driven underwriting, real‑time pricing engines, micro‑insurance platforms, ESG risk modeling, regulatory tech (RegTech) for compliance, automated claims processing, and blockchain for policy lifecycle management.