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14/10 Raina Fernandes
Senior Consultant at Populus Global

Views:1790 Applications:11 Rec. Actions:Recruiter Actions:0

Chief Manager - Health Pricing - Actuary - Reinsurance (7-15 yrs)

Mumbai Job Code: 753512

Chief Manager - Health Pricing - Actuary - Reinsurance (7-15 yrs)

#Actuarial #Analytics

Client: Reinsurance company

Location: Mumbai


- Qualified actuary or nearing actuarial qualification with a recognized actuarial association

Other requirements:

- Bachelor's degree in Mathematics, Finance, Statistics, Actuarial Science or a related field.

- Minimum 10-11 years- experience in handling various aspects of the actuarial or analytical function of an insurance/reinsurance company

- Excellent oral and written Communication skills and ability to communicate complex problem to variety of stakeholders so as to achieve consensus.

- Strong IT skills - sound working knowledge of MS Excel, Macros, MS Word and any actuarial/statistical software. Ability to work in cross-functional teams/projects.

Job Description -

- Pricing standard quotes with minimal supervision and delivering within the agreed timelines and within the established quality standards by effectively mobilizing the junior resources

- Maintaining complete and accurate pricing documentation.

- Completing necessary data analytics for the purpose of setting reasonable assumptions for pricing.

- Interacting with clients on data and other issues to pricing is complete and accurate

- Periodic updating the pricing and treaty/addendum/amendment templates

- Pricing the Facultative cases referred and ensuring proper documentation for the same

- Drafting proposal and treaty documentation and negotiation with client to ensure timely execution.

- Assist with review of business and product mandates for the local business mandate

- Work with BD, underwriting and claims to develop innovative and mutually beneficial business solution for the queries coming from clients

- Contribute to new products and reinsurance structures design.

- Manage the overall R&D effort to ensure these opportunities are analyzed appropriately

- Research and develop areas of pricing expertise as required to handle non-standard quotes.

- Setting pricing bases for new products by collecting and analyzing India and other markets statistics

- Liaise with Asia and Global product development and research specialists to learn from changes in international markets and how they can be implemented in the Indian market

- Enhance brand and expertise by presenting relevant research with clients

- Maintaining library of research information.

- Lead a team of junior/student actuaries.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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