Experience: 6-12 Years General Requirements: - Knowledge of mathematics, probability, statistics and Commercial Insurance business (General Liability, Professional Indemnity, Directors & Officers, Financial Lines) - Knowledge of Underwriting process and Insurance pricing methodologies - Knowledge of different components that goes into Commercial Lines Pricing Tool or Rater Mandatory Requirements: - Expertise in Excel formulas and VBA skills to build User-friendly features in Pricing tool - Work experience in building and managing array of Pricing tools/ Raters across multiple commercial lines business - Expertise in tear-down analysis of any given rater, and make comparative study of rates and ILF curves used between different regions - Change management of rates and implement version control process - Adhere to best practices and diligently follow the protocols in testing the rater, deploying the rater and communication to the Underwriters - Excellent Communication skills to maintain good rapport with Underwriters and deliver demonstration to Underwriters and other users - Experienced in performing actuarial analysis such as Claims Experience Study, LDF analysis, ILF analysis would be a value add - Experience in reviewing Rate Adequacy of Portfolio, performing model reviews and proposing rate changes on yearly basis would be a value add Gallop Research Screening parameters: - Work experience in General Insurance Pricing tool development- Excel based Raters - Knowledge of Rating factors, Exposure and Experience Rating methodologies used in Pricing tools - Familiar with key concepts like LDF, ILF, loss curves etc. - Cleared 3-4 Actuarial Science exams, Knowledge of - ST-8: General Insurance Pricing would be a Plus Skills Required: - Commercial lines Pricing experience- involving data analysis+ modelling + impact analysis (deploy pricing models by interacting with UW & actuarial head) - Modelling should involve GLM using Python /R - Pricing experience should be at least 3 years - Communication skills should be good

Bangalore

Gurgaon/Gurugram

Gallop Research - Assistant Manager - Actuarial Pricing - Commercial Insurance 

Job Description for Gallop Research - Assistant Manager - Actuarial Pricing - Commercial Insurance  in Gallop Research in  Bangalore Gurgaon/Gurugram for (6-12) years of experience. Apply Now!