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Actuarial Manager - Leading General Insurance Firm - Mumbai

4.00 to 9.00 Years   Mumbai City   20 Feb, 2025
RightMatch HR Services Pvt Ltd
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryInsurance
Functional AreaActurial Science
EmploymentTypeFull-time

Job Description

    Company: Leading General Insurance Firm.Role: Actuarial Pricing.Location: Mumbai.Experience: 3 years of experience in Actuarial Pricing.Work days: 5Role & Responsibility:1) Collaborate in the design of new General Insurance products along with other stakeholders and play a pivotal role in product development. 2) Create and review Excel, R, and EMBLEM models for pricing, portfolio monitoring, and profit testing. 3) Provide main technical inputs and ensure the robustness of pricing models and illustrations. 4) Ability to provide an insightful summary of the results of various iterations and sensitivities done during pricing. 5) Review and sign off on all the pricing-related work before review by the Actuary and Appointed Actuary. 6) Review pricing reports, F& U and other necessary documents to facilitate product approval from IRDA. 7) Active involvement in finalizing the pricing assumptions and taking necessary sign-offs. 8) Ability to work with minimum supervision and problem-solving ability. 9) Completion of tasks on time and at desired standards including documentation and audit trails. 10 ) Accuracy of results and comprehensiveness of the pricing model/reports. 11) Liaise with other internal and external stakeholders and accomplish other projects that are assigned from time to time.Key Competencies.
    1. At least 6 Actuarial exams cleared.
    2. Minimum prior experience of 3-5 years working in a general insurance and/or actuarial consultancy on a motor or health line of business is required.
    3. Awareness of the competitive landscape in the Indian General Insurance market and IRDA regulations would be an added advantage
    4. Experience with EMBLEM product pricing and other statistical analysis software like R, SAS, SQL Server preferred.
    Please note: The above-mentioned description is just a gist of the profile. Detailed discussion will happen at the time of the Personal round of discussion.For any further queries kindly feel free to contact on hidden_email / 919309056358.

Keyskills :
pricingactuarial

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