Actuarial Pricing Role - Life Insurance/Health Insurance

The individual will be responsible for developing and designing new life insurance/health insurance products, modifying existing products to meet business needs, responding to internal and external queries with regards to product design.

The individual should have a minimum of 4-8 years of relevant working experience in the Actuarial domain, preferably in Pricing and/or Business Planning team of an Indian life insurer.

Duties and Responsibilities - 

- Designing B2B and B2C life insurance/health insurance products keeping in mind all stakeholders viz Customers, Shareholder, Distributor and the Regulator

- Active participation in the product ideation

- Development and review of excel/prophet models used for pricing individual and group products

- Optimizing levers relating to product design contributing to company's profitability

- Checking and reviewing filing documents and ensuring correctness

- Timely responses to regulatory queries and getting product approvals

- Maintain adequate documentation of processes and results

- Perform ad hoc analysis as per the business requirement

- Guide and mentor junior staff including Actuarial Analysts and Interns