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Associate - Actuary

Apollo India Services LLP
Full-time
On-site
Mumbai Nesco IT Park Tower India

Position Overview

ABOUT APOLLO

Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of June 30, 2024, Apollo had approximately $696 billion of assets under management. To learn more, please visit www.apollo.com.

OUR PURPOSE AND CORE VALUES

Our clients rely on our investment acumen to help secure their future. We must never lose our focus and determination to be the best investors and most trusted partners on their behalf. We strive to be:

The leading provider of retirement income solutions to institutions, companies, and individuals.

The leading provider of capital solutions to companies. Our breadth and scale enable us to deliver capital for even the largest projects – and our small firm mindset ensures we will be a thoughtful and dedicated partner to these organizations. We are committed to helping them build stronger businesses.

A leading contributor to addressing some of the biggest issues facing the world today – such as energy transition, accelerating the adoption of new technologies, and social impact – where innovative approaches to investing can make a positive difference.

We are building a unique firm of extraordinary colleagues who:

Outperform expectations

Challenge Convention

Champion Opportunity

Lead responsibly

Drive collaboration

As One Apollo team, we believe that doing great work and having fun go hand in hand, and we are proud of what we can achieve together.

OUR BENEFITS

Apollo relies on its people to keep it a leader in alternative investment management, and the firm’s benefit programs are crafted to offer meaningful coverage for both you and your family.

The firm and its affiliates comply with applicable discrimination and equal opportunities legislation in all of its jurisdictions and do not discriminate in employment or recruitment based on race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or any other protected characteristic under applicable law.

POSITION OVERVIEW:

At Athene, our Actuarial Associate I-III’s work alongside actuaries at various levels in their career and will rotate through the actuarial team as part of our student program, working on analytical and actuarial tasks used for statistical analysis. Due to Athene’s rapid growth, this opening is designed to attract actuarial candidates at various levels with interest and background in a variety of actuarial disciplines. Athene has quickly gone from a startup in 2009 to a premier provider of retirement savings solutions with over $200B in net invested assets. This is an exciting opportunity to work in a fast-paced, growth-oriented, and market-leading financial services company.”

PRIMARY RESPONSIBILITIES

  • Prepare quarterly financial reports and improve processes within the actuarial department.
  • Understand the rate setting process for FIAs and ensure timely delivery.
  • Interface with other Actuarial functions and provide new business support.
  • Complete cyclical modeling runs for quarterly financials.
  • Research competitive positioning within retail product market and streamline processes.
  • Work with asset managers and risk department to review asset and ALM considerations.
  • Communicate results to senior managers.
  • Document and build out governance and necessary controls.

Qualifications & Experience

  • Bachelor’s degree, plus a U.S. Certified Public Accounting (CPA) qualification or equivalent to the U.S. CPA supplemented by a minimum of three (3) years of professional experience.
  • A minimum of two (2) years’ experience with accounting and operations for U.S. reinsurance business.
  • Experience with US STAT for reinsurance/insurance is an asset.
  • Proficiency in Microsoft Office and advanced analytical spreadsheet skills essential
  • Demonstrated initiative with excellent problem solving and communication skills.
  • Willingness to work overtime when required to meet deadlines.
  • Strong organizational skills and attention to detail.
  • Demonstrated values of collaboration, ownership, and results delivery

Apollo provides equal employment opportunities regardless of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, color, nationality, ethnic or national origin, religion or belief, veteran status, gender/sex or sexual orientation, or any other criterion or circumstance protected by applicable law, ordinance, or regulation. The above criteria are intended to be used as a guide only – candidates who do not meet all the above criteria may still be considered if they are deemed to have relevant experience/ equivalent levels of skill or knowledge to fulfil the requirements of the role. Any job offer will be conditional upon and subject to satisfactory reference and background screening checks, all necessary corporate and regulatory approvals or certifications as required from time to time, and entering definitive contractual documentation satisfactory to Apollo.