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0.0 - 2.0 years
5 - 6 Lacs
Mumbai
Remote
Role Details: Department: Actuarial Pricing (Group) Employment Type: Permanent Key Focus areas: Generate Quotation for Credit Life, MFI, Group Term Products Attending to scheme related queries from sales, Product and other departments. Preparation of calculators to aid scheme set up. Monitoring the mix of scheme portfolio and give insights to seniors in the team. Evaluate various reinsurance quotes and maintaining reinsurance relationship. Maintain Group MIS Ensure to meet the deliverable timelines. Qualifications & Competencies: Graduate/post-graduate. 0-2 years of work experience in the Actuarial team (Group pricing preferably) of a life insurance company 3 to 5 Actuarial papers (non-mandatory) Good understanding of life insurance products. Understanding of product related regulation and regulatory environment Good Knowledge of MS Excel & VBA. Good communication skill.
Posted 1 week ago
1.0 - 2.0 years
3 - 4 Lacs
Bengaluru
Work from Office
Group Company: Go Digit Life Insurance Limited Designation: Actuary pricing consultant Office Location: Bangalore Atlantis Bangalore 1 , Bengaluru - Atlantis (Physical Location) Key Responsibilities: Pricing Strategy Development: Develop and implement pricing strategies for new and existing life insurance products Data Analysis: Analyse historical data and trends to inform pricing decisions Actuarial Modelling: Build and maintain actuarial models to estimate risks and determine appropriate pricing Collaboration: Work closely with underwriting, product development, and finance teams to ensure alignment on pricing strategies Regulatory Compliance: Ensure all pricing strategies comply with relevant regulations and standards Reporting: Prepare and present pricing reports and recommendations to senior management Qualifications: Education: Bachelors/Masters degree in Actuarial science, Mathematics, Statistics, or a related field Experience: 1-2 years of experience in actuarial pricing in life insurance Skills: Must have cleared minimum 5-6 papers Strong analytical and problem-solving skills Proficiency in actuarial software and tools (e.g., Excel, SQL, R) Excellent communication and presentation skills Ability to work collaboratively in a team environment
Posted 4 weeks ago
6 - 8 years
10 - 12 Lacs
Mumbai, Goregaon
Work from Office
Role requires a good understanding of actuarial pricing concepts including cashflows of life insurance products. Role requires effective management of various stakeholders requirements. Therefore, quick turn-around-time without compromising accuracy of deliverables is necessary. Building pricing model in excel/prophet/R Assist in assumptions setting for pricing Preparation of filing documents Building / Validation of excel calculators for Benefit Illustration Handling customer/IT queries related to benefit calculations Assisting IT and Modelling team in setting up the Products Meeting any pricing related regulatory requirement within specified timelines Meeting any requirements from management regarding new products within timelines Good working knowledge in MS-Excel, MS-Word and other MS-Office softwares. Knowledge of Prophet, R is preferred. Good drafting, reporting and communication skills. Able to champion the use of technology within the function to improve the business performance 6- 8 years of relevant experience in a life insurance company with at least 3 years of experience in product pricing. _
Posted 1 month ago
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