Care Health Insurance - Manager - Actuarial Pricing

Opening with Care Health Insurance Limited

Position : Manager - Actuarial

Department : Actuarial

Reporting to : Corporate Manager - Actuarial

Location : Gurgaon

Job Profile :

- Responsible for all Group and Retail Health products Pricing, Regulatory Filing & Approvals. These include new products as well as revision of the existing products.

- To get involved in product ideation/design stage, carry out feasibility (risk & return) study on proposed new Product features with the Business Department and Management.

- Develop Actuarial Pricing Models to forecast expected future cost of the benefits covered in the product using claims frequency & severity approach. Build appropriate margins in the model to manage the risk inherent in the product and for future contingencies.

- Associated Claims analytics and mathematical/statistical studies to help estimate the Risk Premium Rates of the benefits covered, historic & future expected Medical Inflation/Trends, Option benefits Pricing

- Estimate the future expected expenses (Fixed & Overhead expenses) to be built in the risk premiums to arrive at Final Gross Premiums to be charged from customers.

CHIL are equal opportunity employer. The differently abled are welcomed to apply.