Assistant Manager/Deputy Manager/Manager - Actuarial - Product Pricing - Life Insurance

One of India's Leading and Largest Life Insurance Companies is Seeking Suitable Candidates for the role of 'Actuarial Product Pricing' at its Mumbai Office

Position: Assistant Manager / Deputy Manager / Manager

Specific Responsibilities

- Setting up appropriate price for the product, considering the mutual interest of various stakeholders.

- Documenting internal pricing reports Pricing reports consist of introduction of product, charging/premium structure, pricing assumptions, profit metrics, sensitivities carried out on various model points.

- Regulatory filing of priced products

- Testing of the product set up & illustrations in the administration system(s)

- Generating group quotes and maintaining proper documentation

Key Performance Indicators:

- Delivery of all the necessary tasks timely and accurately

- Good exam progress

DESIRED CANDIDATE PROFILE

- Cleared Minimum 5 Actuarial Core Technical (CT) papers

- Experience 1 - 6 years of actuarial experience preferably in product pricing

- Good knowledge of Microsoft excel and Microsoft Word

- Should have good understanding of general actuarial principles