Actuarial Analyst - Pricing

Job Description

Broad objective: Helping dedicated team in creating Pricing Model, Suggest, Discuss & Finalise rates, creation of Technical Notes etc) of required Line of Business. Responsibility Area: Pricing: - Providing support for pricing a Product - Helping bulid a robust Pricing Model for each product - Helping create Technical Notes & other annexures required for filing the product with IRDAI - Ensuring that the products filed are as per extant IRDAI guidelines - Perform final reviews on all deliverables to ensure accuracy. - Assess and consider all kinds of risk to review and make informed decisions around new initiatives or responses to situations. - Number of Products filed/approved by IRDAI Liasing with various teams: - Liase with Sales/Distribution to understand the product requirement - Liase with UWs to understand the feasibility of the product - Liase with Products team and help them with a product construct - Discuss the Draft rates with various stakeholders and finalise the rates - Successful and timely completion of pricing of agreed products.