We are seeking a highly skilled and motivated Actuarial Analyst to play a pivotal role in the development, pricing, and implementation of innovative parametric insurance products. This position focuses on leveraging statistical models, actuarial science, and data analytics to address climate and disaster risks. The ideal candidate brings a strong analytical background, an aptitude for problem-solving, and a passion for creating impactful solutions for climate resilience.

Preference: Graduates from top-tier institutions like IAI, IFoA, ISI

Salary: Market-leading salaries negotiable based on expertise and experience

Employment Type: Full Time

Location: Ahemdabad, Gujarat

Join Us

Key Responsibilities

Develop actuarial models to determine pricing strategies for parametric insurance products.

Analyze climate and disaster risk data to assess exposure and inform product design.

Collaborate with product managers and engineers to design innovative insurance solutions.

Assist in defining payout triggers and thresholds for parametric insurance products.

Support claims monitoring processes, ensuring triggers are objectively assessed and payouts are accurate.

Evaluate product performance using statistical and actuarial methods, providing recommendations for optimization.

Work with data scientists to analyze weather and disaster datasets for risk assessment.

Generate insights for market research, customer needs, and competitive positioning.

Ensure compliance with regulatory requirements, collaborating with legal and compliance teams.

Prepare reports and visualizations for internal and external stakeholders to communicate risk assessments and product performance.

Qualifications

Bachelor s or Master s degree in Actuarial Science, Statistics, Mathematics, Data Science, or related fields, preferably from top-tier institutions.

0-2 years of experience in actuarial analysis, risk modeling, or insurance product development.

Expertise in product development, pricing strategies, claims monitoring, and operations.

Proficient in coding in any programming language.

Required Skills

Product Strategy

Pricing Strategies

Claims Management

Market Research

Coding Skills

Data-Driven Decision Making

Stakeholder Management

Cross-Functional Collaboration

Climate Risk Mitigation

Regulatory Compliance

More Jobs at Inrisk Labs

Full Stack Developer (Frontend Specialisation)

ahmedabad

2.0 - 7.0 yrs

INR 4 - 9 Lacs

Actuarial Analyst - Parametric Insurance

ahmedabad

Experience: Not specified

INR 2 - 4 Lacs

Mock Interview

Practice Video Interview with JobPe AI

Start Job-Specific Interview

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

Job Application AI Bot

Apply to 20+ Portals in one click

Download Now

Download the Mobile App

Instantly access job listings, apply easily, and track applications.

Enhance Your Skills

Practice coding challenges to boost your skills

Start Practicing Now

Inrisk Labs

Login to

Please Verify Your Phone or Email

Confirm Action

Search

Profile

Upskill and Grow with AI

Actuarial Analyst - Parametric Insurance