Actuarial - GI - Pricing - Deputy Manager - RNA

Job Description

Role: Pricing General Requirements: Knowledge of mathematics, probability, statistics and Commercial Insurance business. Knowledge of Insurance process(es) and pricing methodologies (conventional and Innovative approaches) Mandatory Requirements: Work experience in Pricing for commercial insurance risks (eg. property LOB)Work experience on pricing modelling using Exposure and Experience rating methodologies. Should have in-depth knowledge in pricing methodologies using EMBLEM and RADAR tools. Should have built pricing tools/raters on Excel. Should have knowledge on Frequency, Severity modelling and Loss cost modelling. Additional good to have requirements: Knowledge of actuarial tools (EMBLEM/RADAR), data mining tools like SQL/R/Python, automation using VBA macros Knowledge of ST-8 General Insurance Pricing Actuarial science would be preferable Work experience on GLM modelling - Frequency and Severity Work experience on Impact Analysis using Radar tool would be an added advantage. Screening parameters: Work experience in General Insurance Pricing Knowledge on Pricing - Exposure & Experience rating techniques (familiar with key concepts like LDF, ILF, loss curves) Cleared or appeared for Actuarial Science exam- ST-8: General Insurance Pricing Modelling (Frequency & Severity modelling) using- Emblem/R/SAS/Python Proficient in predictive analytics methodology and its use in the insurance industry. Experienced in use of R, Python, and other open-source languages. Familiarity with Willis Towers Watson modeling software preferred. <