Acko - AVP/Senior Manager - Product & Pricing Actuary

About Acko:

Acko, a new age insurance tech startup. We aim to overhaul how we view insurance, via innovative digital products, customized prices and offerings. Globally, insurance companies are leading the path of disruption. In India, Acko is on the forefront, leading and defining this insurance revolution. Acko has raised $42 Mn till and poised to grow rapidly. We have been backed by a marquee set of investors like Accel, SAIF, Amazon, Catamaran etc. We also raised a record seed funding round of USD 30 Mn last year. Recently, Acko General Insurance was ranked No. 2 in Insurance Post's Top 100 Global Insurtech firms 2018, only after Zhong An of China. You can read more about us here:

https://techcrunch.com/2017/05/24/acko-is-an-ambitious-digital-play-to-disrupt-indias-10binsurance-industry/

https://yourstory.com/2018/05/online-insurance-startup-acko-raises-12-m-led-amazon/

https://tech.economictimes.indiatimes.com/news/mobile/ola-partners-acko-to-launch-in-tripinsurance-program/63629804

The candidate will be responsible for:

- Design, Price and File innovative products across all lines of businesses to cater to the needs of partners and commercial customers

- Closely working with the sales team to discuss and understand partners- insurance needs and provide suitable product solutions

- Customize and price the insurance products for partners.

- Price and file traditional insurance products for retail and commercial customers

- Work closely with the technology team to ensure that the product implementation across underwriting, issuance and claims journeys are as per the designed product and it suitably manages the insurance risk

- Manage a team of product managers, actuaries and analysts to perform the above tasks

Mandatory skills :

- In-depth experience of pricing or underwriting in the Indian market or a global market

- Sharp business acumen to understand insurance product needs and offer solutions accordingly

- Incisive analytical skills to analyze the data in various scenarios such as big data, scanty data and use it to make decisions

Desirable skills :

- Prior experience in a pricing actuary role

- Prior experience in working with partners to design insurance solutions

- Current role / qualification in any of the following: MBA / Actuary / Underwriter / Product Manager