AVP - Actuarial - Life Insurance

Position - AVP - Actuarial

For leading Life insurance company.

Job Profile:-

- This role involves all tasks relating to product designing and pricing of new group products as well as redesigning/ repricing of existing group products. This includes: developing group products suitable to needs of the customers; developing pricing models to optimize profitability, capital usage, commission and customer returns; ensure product meets risk appetite of company, identify financial risks and suggest mitigating strategies; develop pricing report for peer review by Region and for regulatory filing; assisting Pricing Head and AA to gain approval of regulator to launch the product; and launch activities including review of marketing literature, systems testing and negotiations with reinsurers.

- This role requires a sound understanding of actuarial principles and an in depth understanding of the group insurance industry with good knowledge of local regulations.

This role requires ability of interacting with other departments and external stakeholders and ability to contribute in intense environment.

Kindly send your profiles on basant@neweraindia.com