Chief Manager/Senior Manager - Pricing/Actuarial - Life Insurance

Hiring for a leading life insurance client based at Mumbai

Designation - Chief Manager/Sr Manager- Pricing

Purpose:

- Role requires a good understanding of actuarial pricing concepts and cashflows of life insurance products.

- Role requires effective management of various stakeholder's requirements. Therefore, quick turn-around-time without compromising accuracy of calculations is necessary.

Key Responsibilities:

- Building pricing model in excel/prophet/R.

- Assist in assumptions setting for pricing.

- Preparation of filing formalities.

- Building / Validation of excel calculators for Benefit Illustration.

- Handling customer/IT queries related to benefit calculations.

- Assisting IT and Modelling team in setting up the Products.

- Meeting any pricing related regulatory requirement within specified timelines.

- Meeting any requirements from management regarding new products within timelines.

Desired qualifications and experience:

- Any graduate / post-graduate with at least 8-9 actuarial papers.

- 6- 9 years of relevant experience in pricing, modelling or reporting roles in a life insurance company.

Knowledge and skills required:

- Good working knowledge in MS-Excel, MS-Word and other MS-Office softwares. Knowledge of Prophet, 'R' is preferred.

- Good drafting, reporting and communication skills.

- Able to champion the use of technology within the function to improve the business performance.

Other skills:

- Good coordination skills and communication skills.

- Ability to handle pressure and work with tight timelines.

- Fair understanding of insurance market landscape.

- Good interpersonal skills.

- A customer centric approach (customers may be defined as either internal or external).