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0 - 2 years
0 Lacs
Chennai, Pune, Delhi
Work from Office
Risk Management: Analyze Product Construct from the angle of Risk, Long term sustainability and suggest Solutions to make it watertight. Collaboration: Collaboration with Underwriting, Claims, New Business, Renewal, Compliance to draft Policy Conditions during the entire phase of the Customer Journey Ownership: Take Ownership of Product Filing Documents from Drafting to Getting it approved from Compliance, Actuaries, Underwriting, Claims , New Business & Product Management Committee Collateral Approval: Ensure Marketing Collaterals for the customer are in line with the Filed Product Documents Regulatory Compliance: Ensure Policy Documents imbibe the extant IRDAI guidelines. Competition Benchmarking: Compare & Execute Best Practices of Key Competition while Drafting Customer Facing Documents Qualifications: Education: MBA in Marketing/ MBA in Insurance/Actuarial Studies (min -4 papers cleared) Skills: Strong analytical and research skills, with the ability to interpret complex data. Excellent communication and collaboration abilities. Proficient in Microsoft Office Suite, particularly Excel and PowerPoint. A keen interest in the health insurance industry and product development. Benefits: Gain hands-on experience in shaping the GTM strategy within the health insurance sector in a 0 to 1 team. Good Monthly Salary, with an Opportunity to on the rolls for a New Green Field Health Insurer Work closely with experienced product managers and industry professionals. Develop a deep understanding of product development processes and strategies. Opportunity to contribute to the launch of new health insurance products.
Posted 3 months ago
2 - 6 years
4 - 9 Lacs
Chennai, Pune, Delhi
Work from Office
Collaborate in designing, developing and implementing end-to-end insurance customer journeys to manage a customer-centric Travel Insurance experience. Collaborate in creating robust frameworks, business processes, and systems factoring in product coverages, features, claims-related information, and fraud engines that actively share information with products, pricing underwriting and sourcing channels Collaborate to develop and evolve detailed standard operating procedures for comprehensive and seamless functioning of onboarding, issuance, servicing & claims management & adjudication Collaborate with functions including but not limited to Technology, Product & Actuarial, Marketing, Onboarding, Underwriting, Issuance, Claims, Compliance, Risk Management, and Finance; represent experience Function in cross-functional implementations Collaborate with Sales and Strategy for various partnerships and process setup. Review, examine, and calculate the eligible amount based on policy eligibility, examine claim forms and records to determine coverage and ensure claims of valid settlements are processed according to the company practice and procedures. Process & approve non-medical claims with sharp FWA and Loss minimization approaches. Collaborate in setting up Third party Administrator assistance services for international travel claims. Coordinate with Travel Insurance assistance TPA for cashless hospitalization for international travel policy holders and Reimbursement cases at scale. Collaborate with medical team for creating guidance for processing teams for international travel medical hospitalization & OPD claims Collaborate to manage vendors/ partners and Travel Insurance assistance TPAs to ensure a delightful customer experience while ensuring process rigor and SLAs Lead, manage, and develop your team, establish clear responsibilities for all team members build a strong culture of accountability and performance, manage training & development of team members; enable teams with coaching & structured skills to scale with business & perform effectively You could be the right candidate if you Have 5-6 years of experience in Travel Insurance operations and claims management with at least 2-3 years experience in lead/ equivalent role. Expert knowledge of Travel Insurance product features, process, regulatory and compliance requirements and implementation and management of comprehensive Travel insurance operations & claims management process. Aware of International Travel Insurance Medical Claims, terms & systems Understand the International Travel Insurance TPA ecosystem and have experience of managing TPA model Have startup experience or setting up a team from scratch (Preferred but not mandatory) Can make informed decisions, swiftly and are adept at creative problem solving; have good judgment and analytical skills Have excellent verbal and written communication skills and strong negotiation skills. Thrive in environments that celebrate co-creation and collaboration. Have high resilience - can manage yourself, your teams and your peers when faced with ambiguity or failure This could be the gig for you if you Are passionate about cosumer behavior and culture; enjoy spending time with customers to understand what they want. Have an attentive ear to listen to new ideas. Join hands with other colleagues to solve for the customer. Like to work in a culture where everyone can see what others are doing. Take help from others when stuck and encourage others when there are setbacks. Take full responsibility for your team s contribution output while thinking wing-to-wing across the organization. Have strong clinical knowledge and clinical decision-making skills Have built best-in-class processes from scratch Are passionate about leveraging digital tools to transform customer experienc
Posted 3 months ago
12 - 14 years
15 - 20 Lacs
Chennai, Pune, Delhi
Work from Office
Design, implement, launch, and manage a customer-centric group underwriting function/ workflow powered by Data & Technology Develop and evolve detailed standard operating procedures for comprehensive and seamless functioning of Onboarding and Underwriting management processes. Build processes and teams with a focus on automation, scalability, and productivity Collaborate with functions including but not limited to Technology, Product & Actuarial, Claims, Compliance, Risk Management, Sales and Finance; represent group Underwriting function in cross-functional implementations Responsible for day in day out group underwriting of new business/renewal. Creation of RFQs, Clearance of quotations as per the group underwriting SOP Creating guidelines or risk mitigation, data collection templates for generating quotations. Working on automating of system generated quotation process and further Iterations and repricing Quick and efficient liaising with Relationship managers, broker partners and the client for the conversion of the quote. Ensuring clearance of day-to-day inward of referred quotations, meeting the desired/promised SLAs Evaluate and arrive right pricing for the quote basis all the levers considered to anticipate and arrest any possible leakages Review evidence on previous claims experience, burning cost, IBNR, coverages opted and other rating factors to arrive on the best possible quotation Effective Communication with relationship managers/Distribution on the rationale adapted Work with the various internal teams as a SPOC of Underwriting in the process of designing workflow for group customers & would be responsible for documenting underwriting requirements Conduct market research/ market requirement study on underwriting practices and availability of products and benefits. Create bundled/package plans for the partners with pricing and coverages in collaboration with Actuarial and claims team Collaborate for system configuration, communications with ops, marketing etc., Able to coordinate and work closely on creating KPI to monitor the group performance. You could be the right candidate if you Postgraduate or Graduate with great understanding of Group health business Have 12-14 years experience of Insurance and at least 6yrs experience in group Underwriting. Understand and able to create innovative plans and packages in the group health space with great inclination towards digital journey, process efficiency and data analytics Understand underwriting operations, workflow and servicing model, smart underwriting nudges for effective quote engine and rating calculator to ensure less leakages You have a knack for motivating fellow underwriters to go the extra mile while supporting other stakeholders Good hands on excel, power query, data analytics, SQL or any other tools Can make informed decisions, swiftly and are adept at creative problem solving; have good judgment and analytical skills Have excellent verbal and written communication skills and strong negotiation skills. Thrive in environments that celebrate co-creation and collaboration. Have high resilience - can manage yourself, your teams and your peers when faced with ambiguity or failure. This could be the gig for you if you Are passionate about consumer behavior and culture; enjoy spending time with customers to understand what they want. Have an attentive ear to listen to new ideas. Join hands with other colleagues to solve for the customer. Like to work in a culture where everyone can see what others are doing. Take help from others when stuck and encourage others when there are setbacks. Take full responsibility for your team s contribution output while thinking wing-to-wing across the organization. Have strong clinical knowledge and clinical decision-making skills Have built best-in-class processes from scratch Are passionate about leveraging digital tools to transform customer experience
Posted 3 months ago
10 - 14 years
17 - 23 Lacs
Chennai, Pune, Delhi
Work from Office
Develop and launch new, flexible, modular health insurance products informed by thorough market analysis. Build and implement sophisticated pricing models for these products, ensuring compliance and robust documentation. Analyze large datasets to optimize pricing, product design, and portfolio mix. Forecast financial performance, predict profitability, and manage risk. Lead and mentor a team of actuaries, fostering a collaborative and high-performing environment. Collaborate across different teams in the organisation. Continuously improve processes and leverage emerging technologies. Monitor portfolio performance, recommending portfolio adjustments, new products, new features and repricing strategies. Ensure regulatory compliance. Ensure full responsibility for your and your team s output while thinking wing-to-wing across the organization. You could be the right candidate if you: Have deep understanding of health insurance products (Retail, Group, Retail Under Group, Indemnity, Fixed Benefit products such as Personal Accident, Hospital Cash, Critical Illness, Disease Specific, Loan Linked, Travel, Wellness Offerings, International Offerings, Byte-sized Offerings etc.), related processes and regulatory landscape. Have 10-14 years of experience in health insurance pricing, product development, predictive modeling, rate filings, and regulatory compliance (SAHI experience a plus). Are a Qualified Actuary (or nearing completion). Are an expert in actuarial modeling and statistical software (R, SAS, Python, Emblem, Radar, SQL, advanced Excel). Have exceptional analytical, problem-solving, leadership, and communication skills. This Could Be the Gig for You If You re: A self-starter who thrives in a dynamic and challenging environment. Youre not afraid to roll up your sleeves and get involved in all aspects of product development. A natural leader who can inspire and motivate a team to achieve ambitious goals. You enjoy mentoring and sharing your expertise. Passionate about leveraging data and technology to improve healthcare access and affordability. You see the big picture and how your work contributes to a larger purpose. A strategic thinker with a keen eye for detail. You can see the forest and the trees, balancing big-picture strategy with meticulous execution. A collaborative team player who enjoys working with diverse individuals across different departments. You value open communication and a supportive work environment. Excited about continuous learning and staying at the forefront of industry trends and technologies. You are proactive in seeking out new knowledge and skills. Comfortable working in a fast-paced environment, juggling multiple priorities, and adapting to changing circumstances. Resilient and solution oriented. Looking for a role where you can make a real difference in the lives of others by improving access to quality and affordable healthcare.
Posted 3 months ago
10 - 15 years
13 - 18 Lacs
Chennai, Pune, Delhi
Work from Office
Define and construct a new age underwriting workflow which is more customer centric, and tech enabled Application of clinical expertise in decision making Evaluation of prevail underwriting practices & market comparison & analysis of data to help revise UW guidelines Alignment with cross functional key stakeholders Owner of process adherence and managing health advisor as well as other partners involved in sourcing. Mapping & maintaining SLA (Service Level Agreement) & TATs (Turn Around Times). Define and own underwriting system & rules integrated with sourcing interfaces. Key opinion holder for cross functional alignment & projects. Gathers and prepares preliminary clinical and medical analysis based on information from historical claims utilization data. Develops/prepares reports and assists in the development of new/revised policies and guidelines based on utilization and clinical trends. Prepare clinical and medical recommendations based on data summaries, trend analysis, financial analysis, and business analysis. Provide support to rate development through timely and accurate clinical and medical analysis to ascertain future risks and support the underwriting and risk management decision Provides clinical and medical underwriting analysis for pricing and risk assessment selections and eligibility including financial, business, and trend analysis of data critical for decision making in achievement of business objectives. Prepares clinical and medical analysis based on employer group utilization and claims data and coordinates with the appropriate wellness, medical and care management specialty teams to address these identified risks Assist and provides clinical and medical analysis on Actuarial research and studies and product development initiatives. Prepares and may do presentations. Participates in cross-functional teams to develop new/enhanced systems / processes / programs / policies to support business needs. Performs other duties that may be assigned from time to time. People Management: Team management; work appraisals and growth of team; develop training, Coaching & Mentoring program; Conflict resolution; Attrition management. You could be the right candidate if you Qualification: - Doctor (MBBS preferred /BAMS/BHMS/BDS) Should be a decisive & creative individual. Should be able to make quick decisions and have good judgment and analytical skills Have an excellent verbal and written communication skills and strong negotiation skills. Always open to embracing change and be able to manage it Have 10-15 years experience of medical underwriting in health insurance This could be the gig for you if you Are passionate about consumer behavior and culture; enjoy spending time with customers to understand what they really want. Have an attentive ear listen to new ideas. Thrive in environments that celebrate co-creation and collaboration Have strong clinical knowledge and clinical decision-making skills Have built best in class processes from a scratch Are passionate about leveraging digital tools to transform customer experience Like to work in a culture where everyone can see what others are doing Take help from others when stuck and encourage others when there are setbacks Take full responsibility for your team s contribution output while thinking wing to wing across the organization; to solve for the customer What can make you extra special It s great if you have already read books like Blue Ocean strategy, Measure what matters & Zero to One. Before you saw them mentioned here You have real stories to tell about how your team and you challenged convention and took the path less travelled. We are keen to listen to your story; doesn t matter if you tell these stories with a sigh or with excitement. We respect both versions. Truly.
Posted 3 months ago
3 - 5 years
8 - 12 Lacs
Chennai, Pune, Delhi
Work from Office
Collaborate and co-create with cross functional workstreams for new products, processes, testing and implementation. Co-create, implement, launch, and manage a customer-centric Claims Management function/ workflow powered by Data & Technology Ensure that processes & technologies are designed focus on automation, scalability, and productivity Develop in-depth understanding of business processes, articulate use-cases, user-stories & requirement documents/ change requests for identified features/ capabilities for applicable platforms and projects. Collaborate with functions including but not limited to Technology, Product & Actuarial, Claims, Compliance, Risk Management, and Finance; Represent Claims Function in Technology & Cross-functional implementations Review business process flow diagrams with Business Analyst to ensure comprehensive documentation a) Identify pain points, bottlenecks, redundancies, delays, errors, or any other areas to enhance the process and dig deeper to uncover the root causes of the identified pain points and inefficiencies b) Check if the current process complies with relevant regulations and industry standards including legal/ compliance/ data privacy. c) Review techniques such as flowcharts, BPMN diagrams, or process maps to illustrate the sequence of activities, decision points, inputs, outputs, and the roles involved in applicable business processes d) Undertake iterations in signed-off Business Process Flow, when required, in collaboration with stakeholders to refine and finalize the next version. Perform process impact analysis across various platforms, holding an end-to-end view of user journeys. Ensure that acceptance criteria are defined & met; lead testing in collaboration with functional users including jointly preparation & review of test plan, test cases, user acceptance testing. Continuous enhancement of Overall Rules for Allocation, Auto Adjudication, Data masters, fraud trigger creation and implementation for claims management process. Ensure 100% Tariff digitization for direct empanelment hospitals and preferred network Coordination with relevant partners (TPA/Agencies) required for robust digitally led claims management process. Collaborate with relevant stake holders, management Design and execute staggered plan for Inhouse Claims Process setup by Y3 You could be the right candidate if you Have atleast 10 years of total experience in health insurance functions and 3-5 years experience in Health Claims insurance is required. Have end-to-end knowledge of health insurance products, operations processes, and technology systems. Can understand high-level processes and can convert them into detailed business requirement documents. Have a proven track record of end-to-end implementation and business outcome delivery of significant insurance systems. an make informed decisions, swiftly and are adept at creative problem solving; have good judgment and analytical skills Have excellent verbal and written communication skills and strong negotiation skills. Thrive in environments that celebrate co-creation and collaboration. Have high resilience - can manage yourself, your teams and your peers when faced with ambiguity or failure This could be the gig for you if you Are passionate about consumer behaviour and culture; enjoy spending time with customers to understand what they want. Have an attentive ear to listen to new ideas. Join hands with other colleagues to solve for the customer. Like to work in a culture where everyone can see what others are doing. Take help from others when stuck and encourage others when there are setbacks. Take full responsibility for your team s contribution output while thinking wing-to-wing across the organization. Have strong clinical knowledge and clinical decision-making skills Have built best-in-class processes from scratch Are passionate about leveraging digital tools to transform customer experience
Posted 3 months ago
2 - 5 years
35 - 40 Lacs
Mumbai
Work from Office
We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited) . We are a fully owned subsidiary of the M&G plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns. Typical Accountabilities / Responsibilities : Conduct in depth consultation meetings with hiring managers to appropriately align candidate sourcing activities Build talent pipelines needed for business growth, succession planning and replacement hires Use MI and data to provide insight to Hiring Managers on recruitment activity Create unique ways to source candidates directly including the more traditional avenues such as LinkedIn, job boards, internal and external networks with the objective of significantly reducing third party agency spend. Ensure candidates receive a highly positive experience through the entire recruitment process Maximise our full range of technology to ensure the very best hiring outcomes Attend functional meetings with Hiring Managers and Business Heads to discuss recruitment activity and represent the Resourcing function Work closely with HR Business Partners and Reward function ensuring they are consulted when required Actively manage relationships with preferred suppliers and ensure supplier selection meet criteria around diversity and candidate experience Support and champion the assessment and interviewing process Ensure recruitment policies and procedures are continuously improved and incorporate the best practices in line with business requirement Ensure comprehensive candidate communication consistent with the company culture, vision, capabilities and internal policies Manage and improve cost of hiring by employing innovative hiring strategies Be responsible for generating enough volume for various assignments and hiring within specifies timelines Work with leadership team to strategize growth plans Track competition and capture market intelligence Strategize and present reports & trackers on progress, goals & TATs etc. Align with global resourcing team to implement best practices and hiring strategies Driving DEI Agenda for the organisation. We have a diverse workforce and an inclusive culture at M&G Global Services, regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.
Posted 3 months ago
- 3 years
0 - 1 Lacs
Mumbai Suburban, Mumbai (All Areas)
Work from Office
trategic Risk Management Analyze and manage financial risks using mathematical and statistical models. Advise senior management or the board on risk exposure and long-term financial implications.
Posted 1 month ago
5 - 6 years
7 - 8 Lacs
Mumbai
Work from Office
We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited) . We are a fully owned subsidiary of the M&G plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns. Primary Key Responsibilities (Top 3-5 KRA) Manage the day to day operations of the certificate management system. Designing, implementing, and maintaining public key infrastructure systems for both internal and external usage. Issue, renew and manage SSL/TLS certificates. Maintenance and support of the PKI Infrastructure. Contribute/research in development of tools like Microsoft CA, DigiCert, Keyfactor, Azure Key vault, Oracle Key vault to strengthen the Encryption controls and coverage. Additional Responsibilities : Managing certificate lifecycle and checks, including issuing, and revoking certificates. Providing Cryptography advice and guidance to System owners specific Assurance relating to the lifecycle of Encryption Keys and their owners Manage relationship with third party CA monitoring usage and licensing costs Develop process automation and enhancements for the PKI processes Inventory management of overall SSL certificates. Proactively manage customer expectations through either effective resolution of or updating on progress of their outstanding queries. Supports audits / reviews on team activities by providing relevant evidences. Support delivery of awareness sessions on Data Security. Support/Create MI to showcase progress/trends/issues. Work effectively with other enterprise security teams and outsourcing providers globally to ensure technology security solutions are in alignment with organizational strategic goals. Provide support and guidance to any business led initiatives. Identify and close process gaps in line with Information Security guidelines. Adept at communicating the results of data analysis in written form to various business stakeholders. Conducting security risk assessments based on industry risk frameworks to identify and evaluate mitigating controls. Evaluate the cyber security risks, attacks and threats associated with various technologies and ways to manage them. Knowledge & Skills In - depth knowledge of PKI principles and practices, including certificate authorities, key management, and digital signatures. Expertise in cryptographic protocols Proficiency in implementing and managing PKI infrastructure components such as certificate services, registration authorities, and certificate revocation lists. Strong understanding of security protocols and standards. Ability to analyze and troubleshoot PKI-related issues. Ability to write and maintain scripts (e.g., PowerShell, Python) for automating PKI management tasks. Knowledge of automation tools to enhance certificate management processes. Experienced in working with UK stakeholders. Good facilitation, communication, negotiation, and presentation skills. Remain effective in situations when responsibilities, tasks, priorities and / or work environment change significantly. Ability to assess multiple options (including consequences) in parallel, while working on possible solutions. Must have ability to engage the target audience both in writing and verbally. Good Customer Service skills. Problem solving and analytical skills (should have proven ability to analyse both technical/non-technical data, translate it and present practical solutions). Good knowledge of Microsoft 365 suite. Ability to work with limited supervision, seeking guidance where appropriate. Experience 5-6 years of total experience in Encryption or security related field Hands on experience with PKI and Certificate deployment and automation. Experience managing Key Management Systems (KMS) and operational teams Hands-on experience with Certificate Authority Administration, Microsoft CA, and related tasks Relevant Qualifications Graduate / Masters in (BE/B.Tech/M.Tech / ME / B.SC ) in Computer Science / Information Technology, MCA or legal related qualification demonstrating significant application of data protection laws and rules. CISSP/CISM or specific Security/Encryption certifications We have a diverse workforce and an inclusive culture at M&G Global Services, regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.
Posted 1 month ago
7 - 10 years
9 - 12 Lacs
Mumbai
Work from Office
Prudential s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed. Prudential (UK) in partnership with HCL group plans to set-up a standalone Indian health insurance company to address the growing healthcare needs of the Indian consumer. This joint venture will combine Prudentials global expertise in insurance and financial services with HCL Group s experience in technology and healthcare solutions. Prudential, with its longstanding presence in India, already operates two leading businesses in life insurance and asset management with the ICICI Group. Prudential was also the proud sponsor of the 1983 Cricket World Cup, India s first World Cup Victory! Prudential Health India is a Zero to One team undertaking a no-legacy, greenfield health insurance deployment in India, building journeys that truly empathize with the customer and offer a differentiated experience. To partner with us in this mission, we are looking for a talented Manager - Claims Management to join our Experience team in Mumbai. Manager - Claims Management As a Manager Claims, your typical week might include the following: Guiding processing team by providing medical opinion for Health Insurance Claims Ensure claims of valid settlements are made according to the company practice and procedures. Processing and approving medical claims pertaining to Indemnity, Benefit for both Group and Retail, with sharp FWA and Loss minimization approaches. Thorough on the compliance and regulatory requirements and implementation in the claims process. Creating detailed standard operating process for seamless functioning of claims adjudication Case management of potential cases to Network team, maintaining data of referred/saving achieved/impact against cashless outgo. Automation and rule driven decision making with timely update of benefit in TAT / TMS / Transaction Create and reviewing claim simplification guidelines to Improve TAT, Minimize transaction. Manage floor - people and SLA (TAT) - create roster, manage adequate manpower on daily basis, especially on weekends and public holidays. Audit of TPA processed claims and also Inhouse processed claims. Medical decisioning and guidance to the team Analytics and Dashboard - Dashboard preparation to Manage TAT, Cost vector (ACS, Pay-out ratio), Loss ratio, CS:RI ratio and regional distribution. Support to Group UW team for providing claims analytic input like Specific trend related to FWA, Frequency, Loss ratio, utilization of particular benefit. Regulatory compliances - Claim processing guideline as per compliance and timely implementation of any New Circular. Litigation cases - Claim related to Input and evidence in SCN (Self-containment note) to make our stand stronger in Ombudsman/any other legal forum. Train TPA teams - Timely Training of TPA for new benefit, process change, Understanding and claim Philosophy as per PHI standard. Benefit claims - Well versed with processing of Benefit claims, Creating SOP, Pay-out framework to Nominee/Legal heir. Collaborate with FWA Manager to provide inputs from agencies for efficient Fraud restriction and necessary checks and balances in system. Re-UW opinion for non-disclosure cases - Training to Team for indicated cases for Re-UW referral, tracking and corrective action basis UW decision. Extend support to the sales/distribution - Separate prioritization que for Green channel, Specific Agent, Broker. Set up and create robust governance to manage TPA process with great efficiency. Proficient with medical terms & systems (including ICD/CPT/PCS codes). Collaborate with Underwriting, Actuarial, Finance and other stakeholders to ensure knowledge sharing on market trends, legal changes, and loss developments. You could be the right candidate if you Are a doctor by training (MBBS preferred /BAMS/BHMS/BDS) Have 07-10 years experience of health Insurance claims management with at least 2-3 years experience in Manager role. Understands the TPA ecosystem and has experience of managing TPA model (Preferred) Have startup experience or setting up a team from scratch (Preferred but not mandatory) Should be a decisive & creative individual. Should be able to make quick decisions and have good judgment and analytical skills Have an excellent verbal and written communication skills and strong negotiation skills. Always open to embracing change and be able to manage it Managed team with people from Medical and Non-Medical background This could be the gig for you if you Are passionate about consumer behaviour and culture; enjoy spending time with customers to understand what they really want. Have an attentive ear listen to new ideas. Like to work in a culture where everyone can see what others are doing Take help from others when stuck and encourage others when there are setbacks Take full responsibility for your own output while thinking wing to wing across the organization; to solve for the customer Have strong clinical knowledge and clinical decision-making skills Have built best in class processes from a scratch. Are passionate about leveraging digital tools to transform customer experience What can make you extra special. What can make you extra special It s a great if you have already read books like Blue Ocean strategy & Zero to One. Before you saw them mentioned here. You have real stories to tell about how your team and you challenged convention and took the path less travelled. We are keen to listen to your story; doesn t matter if you tell these stories with a sigh or with excitement. We respect both versions. Truly. Location: Mumbai
Posted 1 month ago
2 - 5 years
4 - 7 Lacs
Mumbai
Work from Office
We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited) . We are a fully owned subsidiary of the M&G plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns. 1. Sound understanding of Aladdin Platform Knowledge along with the various components of Aladdin e.g. PfC, PmC, Explore. 2. Sound knowledge of Trading Venues & OMS/EMS e.g. Bloomberg, MarketAxess, TradeWeb. 3. Ability to query trade data, logs and troubleshoot the issue. 4. Understanding of FIX messages for trade execution. 5. Knowledge of Market Data e.g. Bloomberg Terminal, Reuters, EIKON and other data sources. 6. Sound knowledge entire Trade life cycle and various steps involved in trading life cycle. 7. Sound understanding of various Financial Asset Classes. 8. Fair knowledge of Market Regulations. Accountable for leading the Front Office Application support team. Accountable for Incident Management within the Front Office area. Be the escalation point for Front Office Users/Stakeholders. Accountable for driving Service Improvement within the Front Office Application support process. Accountable to build high performing team to deliver customer delight. Ability to drive prioritization for the Front Office book of work. Responsible for sending effective communications. Working with business users to identify concerns or areas for improvement in their workflows and work with Aladdin ASM, BlackRock and Aladdin Change managers on the resolution. Taking responsibility for championing the use of Aladdin throughout the business. Handling high-priority trade execution issues under pressure. Quickly identifying and resolving trading-related issues. Maintaining logs, issue tracking, and documenting resolutions for future reference. Providing MI specific to each regional service review (UK, Europe, APAC, Americas) Participating in any Business Continuity, Disaster Recovery and Failover activities. Ability to resolve queries related to Business critical applications e.g. Aladdin, Bloomberg, WSO etc. We have a diverse workforce and an inclusive culture at M&G Global Services, regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.
Posted 1 month ago
7 - 12 years
5 - 9 Lacs
Navi Mumbai
Work from Office
Project Role : Application Developer Project Role Description : Design, build and configure applications to meet business process and application requirements. Must have skills : ALIP Product Configuration Good to have skills : NA Minimum 7.5 year(s) of experience is required Educational Qualification : 15 years full time education As a Product Configurator, you will be responsible for designing, building, and configuring applications to meet business process and application requirements. Your typical day will involve working with ALIP Product Configuration, Product Development Management, and ALIP Development to deliver impactful data-driven solutions. Roles & Responsibilities: Requirement Analysis, Design, build, and configure applications to meet business process and application requirements using ALIP Product Configuration. Collaborate with cross-functional teams to develop and deploy ALIP Development solutions. Manage product development using Product Development Management methodologies. Ensure the quality and integrity of the application by conducting detailed analysis and testing. Professional & Technical Skills: Must To Have Skills: Must to have Actuarial skills Life Insurance or Annuity background. ALIP Product Configuration, Product Development Management, ALIP Development. Good To Have Skills: Experience with Java, SQL, and Agile methodologies, JIRA, RTM, LOMA Certification. Strong understanding of software engineering principles and best practices. Experience with software development life cycle (SDLC) processes. Solid grasp of data munging techniques, including data cleaning, transformation, and normalization to ensure data quality and integrity. Additional Information: The candidate should have a minimum of 7 years of experience in Product Configuration in any insurance policy administration system. The ideal candidate will possess a strong educational background in software engineering, computer science, or a related field, along with a proven track record of delivering impactful data-driven solutions. This position is based at our Mumbai office. Qualification 15 years full time education
Posted 1 month 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
2 - 6 years
4 - 8 Lacs
Mumbai, Goregaon
Work from Office
Junior role in the actuarial statutory valuation team. 1. Regular monthly reporting of reserves: a. Preparation of monthly reserve numbers b. Analysis on the results c. Comparison with Business plan results d. Presentation of results to the AA and other key stakeholders such as CFO etc. 2. Quarterly reporting a. Solvency computation b. AOS preparation of results, analysis, explanation and presentation 3. Annual Statutory Valuation and Reporting: a. ARA preparation b. AAAR preparation c. Forms preparation. At least 2 years experience in life insurance company Part qualified actuary Software skills: MS Office, SQL, Prophet Strong technical skills with an analytical bent of mind.
Posted 1 month ago
6 - 11 years
15 - 16 Lacs
Noida
Work from Office
Summary of Position Responsibilities: The Modelling & Actuarial Solutions (M&AS) team is responsible for delivering actuarial modelling solutions in accordance to enterprise & regional objectives by building robust, scalable actuarial solutions and to further increase the coverage for the use of Prophet within the organization, whilst enforcing MetLife s Modelling & Acuarial Solutions Prophet standards and MetLife s Actuarial Practices. This role is responsible for working within the M&AS: Global Systems Development (GSD) Team to develop and deliver Prophet global libraries for internal regional MetLife customers. This will involve: Supporting the Prophet Asset Liability Strategies Library through the software development life cycle Providing support to customers on the above libraries through: o Responding to queries o Reviewing model setups as required o Hot fixes to requirements and issues (subsequently integrating them into the library) o Documentation and training Collaborating with M&AS Teams, Other Actuarial Teams, and IT to develop Prophet models Working with all Customers to provide seamless experience in using the above-mentioned global libraries Key working relationships ALM Team ; Modelling & Actuarial Solutions Regional Teams ; IT; FIS Principal Accountabilities of Position: Key Responsibilities: Manage and maintain Prophet ALS library to serve customer requirements: o Interacting with Customers to understand evolving requirements o Involved in the development, testing and documentation of all changes to the global libraries o Manage merges of new FIS library releases into existing versions Build Prophet models in line with MetLife s Modelling & Actuarial Solutions Prophet coding standards Perform testing activities to provide quality assurance to the customer Continuously engage with Customers to help resolve queries and provide expertise wherever needed Key Performance Indicators (KPIs) of Position: Making sure the ALS global library is developed to specifications and tested to be aligned with MetLife Actuarial Practice Standards Training and documentation are sufficient to ensure that Customers and Team members can upskill Contributing towards good team morale and positive team engagement and professional development Ensuring excellent communication between Noida-based team and stakeholders based in different geographical locations Taking demonstrable ownership of work; clearly flagging any issues and goal delivery concerns to senior leadership team Essential Experience, Skills and Competencies: Essential experience, skills and competencies: Nearly qualified actuary from a recognized professional body or qualified by suitable experience 6+ years of actuarial experience Ability to find solutions within agreed timescales Excellent ability to communicate in English, (both written and verbal) Good business acumen Exposure to actuarial modelling software (preferably Prophet) Advantageous skills and experience: Ability to program in various mainstream languages Knowledge of other modelling platforms, for example Python, MG ALFA, etc. or strong programming skills (mainly VB, VBA, C++) Knowledge of financial reporting in Solvency II, IFRS17, Economic Capital and Embedded Value Experience in ALS development, extended formulate and asset modelling knowledge
Posted 1 month ago
4 - 6 years
6 - 8 Lacs
Gurugram
Work from Office
We leverage deep actuarial, plan design and pension administration expertise and tools to design retirement plans We help employers mitigate risk by better understanding liabilities, building plans that enhance retirement readiness and serving participants with unmatched satisfaction Our investment team provides a spectrum of services including Investment Consulting, Delegated Investments and Alternative Investments, helping clients to optimise their potential risk-adjusted performance in a volatile market environment GENERAL DESCRIPTION OF ROLE: The Project Coordinator (PC) is a support role focused on the day to day working of the Wealth Pension admin and/or Business Unit Project Management Office (PMO) The role can report to a PM II or above This role is important in managing day to day PMO functions such as internal metrics, client facing change orders, annual project cycles and one-off projects The PC will typically manage change of less than $USD30,000 (or equivalent) in fees The Project Coordinator is a role model for the values of the firm JOB RESPONSIBILITIES : Ongoing Change Knowledge of their clients wealth pension admin plan detail to enable them to support the client and the internal team Demonstrates an understanding of Aon s PA model and actively supports the Service Delivery Manager (or equivalent business unit role) in building a client s plan to this Has a good understanding of the COE PMO toolkit and applies this to any project work they are asked to support Has a good understanding of all administration tasks performed, including but not limited to, HRIS processing, joiners, leavers, changes, payroll and providers to support the change process Work with the Service Delivery Manager (or equivalent business unit role) to support the change process, acting as a back up to the Service Delivery Manager (or equivalent business unit role) with work (as required) Project Management & Change Management Primarily responsible for all management information reporting within the project office Management information reporting to the BU PMO lead Analyzing and mapping out existing processes and procedures Undertakes process improvement to PMO methodology following feedback from Lessons Learn workshops or peer feedback Project Methodology librarian responsible for the organization and storage of PMO methodology including Version control of key PMO processes and templates SharePoint Administration of Methodology SharePoint sites and also supporting Client facing project managers with the administration and maintenance of client facing SharePoint project repositories Manages business as usual client projects with support of the Service Delivery Manager (or equivalent business unit role), where required Attends client meetings relating to own or another project being carried out on the team; Projects include, but not limited to, annual enrolment, scheme design and legislative changes, and conversions Can work on multiple client events at any one time but typically for an individual client Work under the direction of a PM II or above Maintain and update risk/issue/action documents relating to any project they are working on; Consider and manage the broader impact of change Actively seeks innovative solutions when a change is requested and presents to the client for consideration Acting as key point of coordination in project planning, prepare testing implementation and closure for projects Ensuring that the project delivers its objectives in line with its scope; SKILLS/COMPETENCIES REQUIRED: Domain Knowledge In-depth knowledge or willingness to learn Wealth PA In-depth knowledge of pension processes across online benefits Some regulatory and legislative knowledge relating to Online benefits Schemes Technical Skills Advanced Microsoft Office skills Excellent knowledge of Aon tools Previous experience planning with Microsoft Project is desirable Previous experience of MS Power BI is desirable Analytical Skills Ability to analyze processes and identify improvements Ability to identify and respond to risks Ability to focus on details Ability to analyze PMO data and provide executive summaries for senior leadership Communication Skills Ability to communicate and technical ideas Ability to lead meetings and conference calls when required Ability to negotiate with supervision direction Ability to host and facilitate online meetings preferably with experience of WebEx Teams Experience working internationally with team members from USA, Mexico, Europe, or Asia Pacific (particularly India) would be an advantage Project Management Ability to co-ordinate colleagues on assigned project work Ability to work effectively in a project team Time Management Excellent time management & organizational skills Able to meet tight deadlines under time pressure Able to prioritize tasks according to volumes Able to deal with stress Able to coordinate other colleagues responsibilities HOW WE SUPPORT OUR COLLEAGUES In addition to our comprehensive benefits package, we are proud to be an equal opportunity workforce At Aon, we believe a diverse workforce is an innovative workforce Our agile, inclusive environment allows colleagues to manage their we'llbeing and work/life balance while empowering you to be your authentic self Furthermore, all colleagues enjoy two Global we'llbeing Days each year, encouraging them to take time to focus on themselves We offer a variety of workstyle options through our Smart Working model, but we also recognize that flexibility goes beyond just the place of work
Posted 1 month ago
3 - 8 years
5 - 10 Lacs
Gurugram
Work from Office
Reporting to: AVP Core Apps Formal Qualifications: Engineering/Masters degree (BE/B.Tech/MCA) Experience: At least 3+ Years of development experience in LIFE Asia/LIFE 400 Technical Competencies Domain Sound knowledge of COBOL/AS400/Smart 400/ DB2 Experience in Insurance policy administration system Life Asia. Should have production support and development experience in LIFE Asia / LIFE 400 Excellent coding and documentation (SRS, Low Level design documents, Unit test cases etc) skills Should have exposure to Insurance domain Development Support experience of BOs (Business Objects) and MQ will be added advantage Experience in resolving all types of production issues. Experience in coordinating with different venders for deliverables. Experience in driving and managing the team. Understanding of IT- SDLC process. Sound knowledge on EOD/EOM/EOY activities and processes. Personal Attributes / Skills Good team player, ability to work in a team environment. Good knowledge of SDLC process. Good Interpersonal Communication skills. Capability of working under high pressure, tight schedule/timelines. Experience in coordinating with different venders for deliverables. Internal Interfaces Interaction with various business users as and when needed. Business functions of various natures e.g. Operations Sales, Finance, Actuarial IT projects & support teams IT infrastructure, EA, testing, Business Analysis, MI etc teams
Posted 1 month ago
- 2 years
2 - 4 Lacs
Bengaluru
Work from Office
About the Role: Reporting to Senior Team Lead Actuarial Modelling in MCoE BLR, this is an exciting opportunity for a skilled actuarial student to join the Risk Management Life & Health Re division, which is responsible for the inforce management of Swiss Res global L&H Reinsurance business. Support the development and maintenance of Life & Health AXIS models used for financial reporting and portfolio management in US, Canada, Latin America and ANZ DI. Support the model migration from RAFM to AXIS for EMEA, Asia, ANZ LS. Provide support to team leads to help resolve model issues through debugging, unit testing and knowledge sharing as required or provide support to RAFM to AXIS migration Leads to help to resolve model migration issues through debugging, unit testing and knowledge sharing as required Ability to handle stakeholder requests and deliver solutions independently Produce high quality models and associated documentation for the user community. Ensure model development and testing activities are in accordance with agreed model governance framework and testing procedures Enhance and extend various existing model building tools and model validation tools as needed Support the development of IT systems to enable the rapid transition to the target landscape, and help drive operational excellence Drive continuous process improvements to maximize productivity and work product quality About the Team: We reside within the Risk Management L&H Re division, which manages our reinsurance business. With a team size of approximately 55 colleagues spanning multiple geographic locations (Bangalore, London, Fort Wayne, Toronto) you will have the opportunity to influence a wide variety of team goals and add to team spirit. About You: As a part qualified actuary with an understanding of life insurance/reinsurance industry, the successful candidate will be able to demonstrate sound technical actuarial knowledge and aptitude for developing and/or using actuarial models, specifically cash flow projection models, including understanding the actuarial assumptions, data and methodology and analysing and explaining the resulting cashflow and reserve projections. The ideal candidate will have the following skills/experience: Knowledgeable actuarial student with 0- 2 years of experience in the insurance/actuarial industry. Exposure to RAFM, AXIS, VBA, SQL or Python is ideal but not necessary. Training will be provided as needed. Excellent understanding of fundamental actuarial concepts. Completion of some actuarial exams would be preferable. Excellent organisational and analytical skills with attention to detail - able to understand details on business structure, product features and model requirements. Ability to understand and apply actuarial best practice (setting up models, documentation, governance, analysis, testing etc). Good communication, both written and verbal, with an ability to work with other MCoE/project team members in multiple locations and externally with key partners. Ability to support senior team members with resolving complex problems by debugging and unit testing. Ability to work reliably, efficiently, transparently, accurately and deliver to deadlines. Desire to learn from highly skilled actuarial professionals to grow your professional development Ability to work under pressure and prioritise tasks accordingly Growth mentality with a dedication to maintain a team spirit based on openness and respect Desire to learn from highly skilled industry professionals across multiple fields to grow your professional development
Posted 1 month ago
1 - 4 years
3 - 6 Lacs
Mumbai
Work from Office
We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited) . We are a fully owned subsidiary of the M&G plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns. Procurement Partner with the business and functional leadership to understand short, medium requirement of goods and services that need to be procured. Assess and assist in the mitigation of vendor risk. Ensure appropriate contract structures / types, pricing models, vendor incentive models, service level agreements, performance indicators and cost models are applied consistently across vendors. Partner with internal and external legal counsel to ensure proper forms of Agreement are utilized, contractor conformance with the terms and conditions of the Agreements, and refinement of Agreements as required. Cost negotiations and procurement, Spot negotiation on smaller and day to day purchases of services or any other procurement activities like infrastructure, facilities, IT, HR etc. Execute end to end RFQ/ RFP/ procurement process. Initiate local or alternate procurement activities. Drive commercial value from our simple transactions including savings, cost avoidance and added value. Create & drive effective metrics and data to measure the value delivered through commercial negotiations. Operations Support the development, agreement and communication of M&G Global procurement policy and processes. To demonstrate a positive risk, compliance and control culture through the identification, assessment, monitoring and management of risks and issues within the business area, alongside ensuring timely and appropriate resolution of control weaknesses, actions and failures that arise Work closely with Finance, Legal, IT, HR, and Facility teams to ensure smooth delivery of vendor empanelment process We have a diverse workforce and an inclusive culture at M&G Global Services, regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.
Posted 1 month ago
8 - 9 years
50 - 65 Lacs
Mumbai
Work from Office
The Actuarial role directs/oversees actuarial work related to capital adequacy/financial strength, experience studies, actuarial modeling, asset liability management (ALM), valuation, retirement plan support, product development, pricing, non-guaranteed element determination or other business functions. This job oversees a department or small team and owns short to mid-term (1-3 years) strategy execution and operational direction for the actuarial function in alignment with organization objectives. This job requires ensuring the teams compliance with actuary practices and monitoring of changing regulations to ensure consistent compliance and delivery of optimal solutions to both internal and external clients. Key Responsibilities and Duties Directs the design and development of key actuarial reports for both internal and external clients and communicates the interpretation and implications of the report findings. Provides input into product development, pricing and reinsurance decisions for complex or high-impact products from an actuarial perspective. Monitors economic and regulatory environments, as well as industry and organizational results and applies these to the development of strategies for meeting current and future actuarial needs. Directs the use of actuary tools and models for ensuring actuary outcomes comply with established standards. Enhances effectiveness and efficiency of the organization s actuarial functions by implementing quality control procedures. Manages performance of direct reports through regular, timely feedback as well as the formal performance review process to ensure delivery of actuarial objectives and engagement, motivation and development of the team. Educational Requirements University (Degree) Preferred Work Experience 8+ Years Required; 10+ Years Preferred Physical Requirements Physical Requirements: Sedentary Work
Posted 1 month ago
5 - 6 years
14 - 16 Lacs
Noida
Work from Office
Support with monthly and quarterly valuation of FAS60 traditional products in the US market * Analyze monthly reserves roll-forward to discern reasonableness of change in reserves and present the gain/loss analysis * Support additional financial research, governance, controls, actuarial methods and standards used within assigned sub-region and insurance products * Analysis of all concerned reinsurance treaties and building a process for the same * Prepare communication for internal/exter nal customers & document the control checks * Develop strong working relationships and strategic partnerships with internal and external stakeholders to ensure a high degree of customer satisfaction; * Support stakeholders on core deliverables throughout the course of the reporting year * Work with different teams to deliver solutions * Automating routine and mundane task through VB A/SQL/Python/P ower BI * Taking ownership of work; clearly flagging any issues and goal delivery concerns to senior leadership team.
Posted 1 month ago
5 - 8 years
5 - 8 Lacs
Mumbai
Work from Office
JOB DESCRIPTION DEPARTMENT Actuarial ERM REPORTING POSITION L5 WORK LOCATION Goregaon (East), Mumbai. Corporate office KEY RESPONSIBILITIES Weightage Experience analysis Evaluating the Mortality Experience for both Individual and Group business. Calculating the persistency rates to track policyholder retention. Preparing the Enterprise Risk Management Committee deck highlighting the key risks which are currently faced by Kotak Life. Collaborating with the Valuation and Shareholder Reporting teams to establish actuarial assumptions for mortality, lapse, surrender, and paid-up experience. Drafting Chapter 3 (Analysis of Experience) for the Appointed Actuary’s Annual Report. Preparation of the Report on Persistency to be sent to IRDA. TOTAL 100% REQUIRED QUALIFICATION AND SKILLS Having 5 years + of experience in the actuarial team of a Life Insurer. Successful completion of 7-11 actuarial exams from either the Institute and Faculty of Actuaries (IFoA) or the Institute of Actuaries of India (IAI). Proficient in Excel and Access Familiarity with DCS, SQL and VBA would be an added advantage
Posted 1 month ago
10 - 13 years
10 - 14 Lacs
Bengaluru
Work from Office
About the Role: As a Senior Finance ORM Manager, you will be an integral part of our dynamic team, actively contributing to the oversight of operational risks in Swiss Res financial processes at both the Group and business unit levels. Your deep understanding of Group Finance processes, especially reserving actuarial processes, risks, and mitigation strategies will be essential. In addition, youll contribute to risk assessments and perform regular evaluations. As an experienced professional, you will collaborate with cross-functional teams, engage with stakeholders, and shape our risk management strategies. If youre ready to make a significant impact and thrive in an ambitious environment, we invite you to be part of our journey. Key Responsibilities: Leading operational risk management for Group Finance activities, focusing on reserving & actuarial areas Supporting and guiding teams in identifying and addressing operational risks Conducting regular assessments and walkthroughs Contributing to risk reporting for the Executive Committee and Board of Directors Providing input for assessing the financial plans risk Lead, coordinate and co-author the production of risk update reports for top management. Oversee Risk and Control Self-Assessments performed within Finance and Actuarial teams, enforcing Swiss Re Operational Risk Management standards, reviewing management actions to address existing issues and root cause analysis. Drive ad hoc assignments including facilitation of brainstorming sessions, risk assessment workshops, operational risk reviews and reviews of strategic / financial plans. Build up and maintain a network of experts to gain a strong 360 degree understanding of business risk profile including regulatory, sustainability and compliance risks. About the Team: Our Group Function Risk Management (GFRM) team consists of seasoned risk professionals dedicated to managing operational and execution risk. We establish the Operational Risk Management Framework, maintain critical tools, and collaborate with partners to identify and tackle operational risks across Swiss Re. You will be reporting to the Head Finance Operational Risk Management. Our Risk Management team has a business oversight and enabling role across Group Finance functions. This role contributes to our teams success by making transparent to Board and Executive Management key risk exposures, promoting disciplined risk taking and driving operational rigor within the business. About You: You are an independent and critical thinker with a can-do-attitude, willing to challenge constructively and confident to express views on key issues. With your strong organisational and interpersonal skills, you are able to build effective working relationships with individuals globally across different functional areas and levels of seniority, leading and facilitating key meetings. You have a university degree and a few years of professional experience in reserving & actuarial, risk consulting, internal audit or risk management department of primary insurance companies You are highly proficient in English and can communicate clearly, both verbally and in writing. You possess expertise in: Risk management and internal control frameworks, Reserving & actuarial areas, Financial risk frameworks, operations, processes, controls, and tools Accounting standards, industry norms, and regulatory requirements Other expectations include: Minimum 8 years of Finance, financial audit focusing on interaction with actuaries, or related experience in the insurance industry, with proficiency in financial statement and reporting controls Demonstrated leadership and customer management skills, with a proactive approach to inspiring change Independent and critical thinking abilities, with a positive and inquisitive demeanour Outstanding written and verbal communication skills in English An IFRS background is a significant advantage About Swiss Re Swiss Re is one of the world s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world. Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability. If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience. Keywords: Reference Code: 133724
Posted 1 month ago
8 - 13 years
50 - 55 Lacs
Bengaluru
Work from Office
Looking for an exciting leadership opportunity in Health Pricing & Strategy? If you're a strategic thinker with deep expertise in health insurance and actuarial analytics, this role offers you the chance to lead a talented team and shape the future of health insurance at a tech-driven company. Location: Bangalore Your Future Employer : Our client is a well-established company known for its commitment to diversity, equality, and inclusion. They offer a collaborative work environment and are dedicated to the professional growth and development of their employees. Responsibilities Leading the pricing function for Retail and Group Health products, ensuring that pricing is competitive, technically sound, and aligned with overall business strategy. Monitoring and optimizing pricing, product design, underwriting, claims, and fraud to improve profitability. Using portfolio analytics to inform business decisions. Developing innovative product solutions and managing the regulatory filing process to ensure compliance. Identifying market gaps or underserved segments to drive new revenue through product and pricing innovation. Collaborating closely with product, sales, underwriting, and analytics teams to influence digital journeys and portfolio tools. Working with tech and data science teams to embed pricing and underwriting logic into platforms. Building and mentoring a high-performing actuarial team, balancing tactical execution with the strategic development of junior talent. Requirements Minimum of 8+ years in insurance pricing and analytics Deep market knowledge including regulatory understanding Awareness of competitor pricing strategy, product structures, differentiation and process. Strong knowledge of Commercial acumen understanding of how P&L lever works - renewal, pricing etc Underwriting industry knowledge - risk factors, geography and other market variables. Proven experience in leadership and people management, capable of driving a team to success while nurturing individual growth. What's in it for you? Competitive salary and benefits package Opportunity to work with a diverse and inclusive team Professional growth and development opportunities Chance to make a meaningful impact in a leading organization Reach Us: If you feel this opportunity aligns with your career aspirations, please send your updated profile to ananya.kad@crescendogroup.in Disclaimer: Crescendo Global specializes in senior to C-level niche recruitment. We are passionate about empowering job seekers and employers with an engaging and memorable job search and leadership hiring experience. Crescendo Global does not discriminate on the basis of race, religion, color, origin, gender, sexual orientation, age, marital status, veteran status, or disability status. Note: We receive a large volume of applications daily, so it may be difficult to respond to each candidate. If you dont hear from us within a week, please assume your profile has not been shortlisted. We appreciate your patience. Profile Keywords : Crescendo, Crescendo global, retail Health, group health, Pricing & Strategy, Actuarial Pricing, Health Insurance, Product Design, Regulatory Filing, Profitability Management, Leadership, Team Management, Analytics, Pricing Strategy, Product Innovation, Cross-Functional Leadership
Posted 1 month ago
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