Manager - Actuarial/Actuary - Insurance

Organization - Opportunity is with one of the leading Insurance companies in India.

Position Title - Manager Actuarial

Department - Actuarial

Location Mumbai

Job Description -

1. Product development

2. Product pricing

Responsibility Key Result Area:-

Market analysis of products:

1. Comparative features, gap analysis,

2. Comparative pricing with market and existing products

Development of products

1. Policy wordings, U& F documents, prospectus

Pricing of products:

1. Pricing assumptions, desk top analysis, creating calculators

2. Discussion with the sales/distribution channels

Preparing technical notes:

1. Preparation of the technical notes

2. Discussion of the premium rating logic with underwriters

3. Addressing the queries from the regulator within timelines.

Education Qualification -

M.Sc (Statistics / Mathematics) + MBA / PGDM + Pursuing actuarial exams - atleast 6 papers pass

Additional Skills - SAS / R programming kowledge