Specialities · Actuarial

Actuarial recruitment for insurance, reinsurance and GCC teams

Actuarial hiring is where we began, and it remains the discipline we know most deeply. From pricing and reserving to capital, IFRS 17 and actuarial leadership, we help insurers, reinsurers, consultancies and global capability centres hire the specialists that are hardest to find.

PricingReserving and valuationCapital and regulatoryIFRS 17 implementationProduct developmentActuarial leadership

Who is EliteRecruitments as an actuarial recruiter?

EliteRecruitments is a specialist actuarial recruitment firm founded in 2014 and based in India, placing actuaries across pricing, reserving, valuation, capital, IFRS 17, product development and actuarial leadership. It works with life, general and health insurers, reinsurers, consultancies and global capability centres, in India and across corridors into the UAE, GIFT City and beyond.

Since 2014

actuarial is the firm’s foundation

80%

screening ratio, candidates we submit get interviewed

85%

joining ratio, offers that become joiners

IFoA · IAI

the qualifications our actuaries hold or are progressing

Our actuarial depth

Not general recruitment with a specialist label

Actuarial recruitment is a different discipline, because the talent pool is small, the qualifications are specific, and a hiring manager can tell within minutes whether the person across the table understands the difference between a pricing actuary and a valuation actuary. We have been learning that difference since 2014, and it is why insurers come to us for the roles other agencies struggle to fill.

Since 2014, actuarial has been our foundation. Many of our early clients were insurers and the consultancies that serve them, so we learned the work from the inside: the exam pathways, the modelling tools, the regulatory reporting cycle, and the way a strong actuarial team is actually structured. That is why our screening holds up. We do not forward CVs that merely match keywords. We assess whether a candidate can genuinely do the role, and whether the role is right for them, before a single profile reaches you.

Today we recruit actuaries across the full spectrum of life, general and health insurance, for reinsurers, for consultancies, and increasingly for the global capability centres building actuarial benches in India for their parent companies abroad. Demand has rarely been higher, and qualified supply has rarely been tighter, which is exactly the market a specialist is built for.

Pricing Reserving & valuation Capital & regulatory IFRS 17 reporting Leadership ONE DISCIPLINE, RECRUITED END TO END · PROPHET · GGY AXIS · RAFM · PYTHON · R

The actuarial roles we recruit

Six sub specialisms, real depth in each

Actuarial is not one job. We screen for the specific experience a role needs rather than actuarial in the abstract, across the full life, general and health spectrum.

Pricing

Pricing actuaries for life, general and health lines, across individual and group business, from pricing analysts through to senior and lead pricing actuaries. We understand the difference between life pricing and general insurance pricing, and screen for the specific experience the role needs.

Reserving and valuation

Reserving and valuation actuaries, including analysis of experience, persistency, mortality, lapse and surrender work, and the statutory valuation and shareholder reporting around it. Many have drafted sections of the appointed actuary’s annual report and prepared regulator submissions.

Capital and regulatory

Capital modelling and regulatory actuaries, covering economic and regulatory capital, solvency, risk based capital and the reporting that goes with it. As regimes tighten, this is one of the most sought after and hardest to fill areas, and where our network depth matters most.

IFRS 17 implementation

The strongest IFRS 17 professionals sit at the intersection of actuarial, finance, reporting and technology, which makes them some of the hardest specialists to identify and attract. From implementation specialists to programme leads, for insurers, reinsurers and capability centres. It is our most distinctive actuarial specialism.

Product development

Product development actuaries who design and refine insurance products, working across pricing, reserving and the commercial teams, combining technical actuarial skill with the commercial judgement to build products that work for the business and the customer.

Actuarial leadership

Chief actuary, appointed actuary, head of actuarial function and the senior specialists who lead teams. Confidential, judgement heavy searches that sit alongside our Executive Search practice, made more competitive by the appointed actuary requirement.

For catastrophe and specialty modelling, enterprise risk, underwriting and claims, which often sit close to the actuarial function, we recruit through our dedicated practices. See Catastrophe Modelling, Risk and Financial Advisory, and Underwriting and Claims.

Platforms and tools

We understand the technical environment

Many of the actuaries we recruit work with leading actuarial and modelling platforms. On the life side these include Prophet, GGY Axis, RAFM and Moses, and on the general insurance and pricing side tools such as GLM based pricing environments, Emblem, Radar and Alteryx, alongside broader technologies including R, Python, SQL and modern analytics environments.

ProphetGGY AxisRAFMMosesEmblemRadarAlteryxRPythonSQL

Tools alone do not define capability. But understanding the technical environment behind a role helps us assess whether a candidate’s experience genuinely matches the work they will be doing, which is part of why our shortlists hold up.

Who we serve

Who we hire actuaries for

Life, general and health insurers strengthening their actuarial teams. Reinsurers needing pricing, capital and specialty talent. Consultancies serving the insurance sector. And the global capability centres scaling actuarial functions in India, one of the fastest growing sources of demand we see.

Insurtech and digital insurance firms are a distinct part of this, hiring actuaries who work close to product, data and technology. Because we cover actuarial, analytics and technology together, we can find people who genuinely operate across that blend, which is what an insurtech brief usually needs.

Why our placements hold

We assess capability, not keywords

Actuarial hiring goes wrong when a candidate looks right on paper and turns out not to fit the role, the team or the next stage of their own career. Our process is built to prevent that. We assess on capability and fit before any profile reaches you, screening at an 80 per cent rate, which is why the candidates you meet are genuinely worth your time, and why our candidates join at an 85 per cent rate once an offer is made.

Beyond technical capability, we assess communication, stakeholder management, leadership potential and long term career alignment, because these are often the factors that decide whether a placement succeeds over time. An actuary who can do the work but cannot influence the business, or who joins for the wrong reasons, is the one who leaves within a year, and that is the outcome our screening is designed to prevent.

For senior mandates we go further, mapping the market, understanding who is hiring and why a candidate would move, and running several rounds of screening before we present a shortlist. It is the same depth that has kept our retention record where it is: fewer than fifteen fees returned since 2014, because the people we place tend to stay. See our full process

Your actuarial specialist

Led by a founder who knows this work first hand

Shagun Gupta, founder of EliteRecruitments

Founder

Shagun Gupta

Founder, oversees all four core practices

EliteRecruitments was built by Shagun Gupta, who founded the firm out of actuarial and has recruited across actuarial, risk, analytics and audit, the four disciplines at the centre of the business. She is unusual among agency founders in that she stays close to the actual work rather than managing it from a distance, with her deepest personal expertise in risk, analytics and audit, and actuarial as the origin and foundation she built everything else around. Actuarial remains the discipline the firm is best known for, and she presides over it alongside the other three, staying close to the senior and most complex searches.

Connect with Shagun on LinkedIn

Priya Sharma, actuarial practice lead at EliteRecruitments

Practice lead

Priya Sharma

Leads actuarial recruitment, under Shagun

Priya Sharma leads actuarial recruitment at EliteRecruitments. She has built actuarial and risk desks here since 2018, and her strength is the research and market intelligence behind a search: who is hiring, where the qualified people actually are, and what it will take to move them. She personally leads mandates across pricing, reserving, valuation, IFRS 17 and actuarial leadership, for life insurers, general insurers, reinsurers and capability centres.

She and her team work directly with hiring managers, so when you speak to us about an actuarial role, you are speaking to someone who understands the work, not a general account manager passing on a brief.

Connect with Priya on LinkedIn

Proof

When we place an actuary, they tend to stay

Fewer than fifteen fees returned since 2014. Representative actuarial mandates, shown without naming clients:

Pricing actuary

Life insurer

IFRS 17 specialist

Global insurer GCC

Capital actuary

Reinsurer

Appointed actuary support

General insurer

Representative of the role types we recruit across life, general and health insurance and reinsurance. Specific anonymised placements to be confirmed before publishing.

Shagun is well connected in her domain of expertise, takes the time to understand and validate capability fitment to requirements, dogged in her follow up of opportunities and proactive in her updates. What I found interesting was her expecting the same of her team as well.
AVP, Actuarial Operations, at a global insurer’s India shared services centre

Success story

Challenge. A global reinsurer was building an actuarial function in its India capability centre and needed pricing and reserving actuaries who could also grow into IFRS 17 leadership, the scarcest combination in the market.

Approach. We mapped the actuarial talent pool, assessed technical depth across pricing, reserving and IFRS 17 rather than qualifications on paper, and matched candidates who could grow into the senior roles the centre would need.

Outcome. The core actuarial team was hired, and the early hires have since moved into the senior positions the centre was built around.

Illustrative format. To be replaced with a real anonymised actuarial placement before publishing.

Pricing and reserving talent for a new capability centre, built at speed, with the core team in place within six weeks.

IFRS 17 implementation specialists placed for a reinsurer’s transition programme, all with genuine multi-line experience.

More examples are on our Success Stories page.

How to engage us

The right model, with a 90 day guarantee

We recruit actuaries on retained search for senior and business critical roles, on contingency for active hiring, through RPO where you need ongoing actuarial hiring at volume, and as a capability build when you are standing up an actuarial function from scratch, which is increasingly common in the capability centres we serve. Whichever model fits, our placements come with a 90 day guarantee. If a placement does not work out within 90 days, we replace them, and our retention record shows how rarely that is needed.

Building an actuarial team abroad, or hiring Indian actuarial talent for an international centre? We place actuaries across our corridors, with active hiring into the UAE, a corridor we are building into Bermuda, and selective mandates into the UK and USA. Explore Capability Build Recruitment

One connected ecosystem

Actuarial is where most clients start with us

Most of our clients first come to us for actuarial hiring. What they discover is that we understand the functions around it just as well, because in insurance they are one connected ecosystem. The same teams that need actuaries usually need risk and financial advisory specialists, analytics and data talent, and audit professionals who understand insurance. We have recruited across all of them since 2014, so actuarial is often the beginning of the relationship, not the whole of it.

Common questions

Frequently asked questions

What actuarial roles does EliteRecruitments recruit for?
Across pricing, reserving and valuation, capital and regulatory, IFRS 17 implementation, product development and actuarial leadership, for life, general and health insurers, reinsurers, consultancies and global capability centres.
Does EliteRecruitments recruit IFRS 17 actuaries?
Yes. IFRS 17 is one of the firm’s most distinctive actuarial specialisms. It places IFRS 17 implementation specialists and programme leaders for insurers, reinsurers and the capability centres building IFRS 17 capability in India.
Which qualifications do the actuaries you place hold?
The actuaries EliteRecruitments places typically hold or are progressing through the qualifications of the Institute of Actuaries of India or the Institute and Faculty of Actuaries, and the firm screens for the specific exam progress and experience each role requires.
Do you recruit actuaries for global capability centres in India?
Yes, and it is one of the fastest growing parts of the firm’s actuarial work. EliteRecruitments helps global insurers and reinsurers build and scale actuarial functions in their India capability centres, from individual specialists to full team builds.
Can you help hire actuaries internationally?
EliteRecruitments places actuaries across its corridors. It has active hiring into the UAE, is building a corridor into Bermuda, and takes selective mandates into the UK and USA, often connecting Indian actuarial talent with international opportunities.
Do you charge candidates?
No. EliteRecruitments never charges candidates any fee. Its fees are paid by the hiring organisation.
What software tools do actuaries commonly use?
Depending on the role, actuaries commonly work with specialist platforms such as Prophet, GGY Axis, RAFM and Moses on the life side, and tools such as GLM based pricing environments, Emblem and Radar on the general insurance side, alongside R, Python and SQL.

Start a conversation

Hiring actuaries, or looking for your next actuarial role?

If you are building or strengthening an actuarial team, we would like to understand what you need. If you are an actuary considering your next move, we will give you an honest view, including when a move is not right for you.

Actuarial roles you are hiring for

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