6 Actuarial Pricing Jobs

Group Company: Go Digit Life Insurance Limited Designation: Actuary pricing consultant Office Location: Bangalore Atlantis Bangalore 1 , Bengaluru - Atlantis (Physical Location) Key Responsibilities: Pricing Strategy Development: Develop and implement pricing strategies for new and existing life insurance products Data Analysis: Analyse historical data and trends to inform pricing decisions Actuarial Modelling: Build and maintain actuarial models to estimate risks and determine appropriate pricing Collaboration: Work closely with underwriting, product development, and finance teams to ensure alignment on pricing strategies Regulatory Compliance: Ensure all pricing strategies comply with relevant regulations and standards Reporting: Prepare and present pricing reports and recommendations to senior management Qualifications: Education: Bachelors/Masters degree in Actuarial science, Mathematics, Statistics, or a related field Experience: 1-2 years of experience in actuarial pricing in life insurance Skills: Must have cleared minimum 5-6 papers Strong analytical and problem-solving skills Proficiency in actuarial software and tools (e.g., Excel, SQL, R) Excellent communication and presentation skills Ability to work collaboratively in a team environment

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. _

DISCOVER your opportunity The Senior Analyst will be part of the AXA XL Actuarial Pricing team in India and will support a wide range of pricing initiatives for the Americas commercial lines of business. The candidate will have an opportunity to work closely with Senior Actuaries, and others around the globe, and be part of a growing team. DISCOVER your opportunity What will your essential responsibilities include? Support the pricing/rating for American commercial lines of insurance. Gain an understanding of ISO CLMs (Insurance Services Office- Commercial Lines Manual) including the rating algorithms, and the respective supporting services for Commercial Auto, Commercial General Liability, Commercial Property, Inland Marine, and Crime. Understand underwriter requirements for product changes and provide creative solutions along with help in training on complicated pricing approaches & compliance issues. Will be assisting actuaries with rate filings, actuarial support exhibits & draft memorandum & will be providing filing objection support. Will be incorporating Risk Analytics, including the development of analytical tools, analysis of insurance risk, and regulatory capital modelling activities, and will provide general support for any risk analytics in the company. Activities will include the development of pricing tools, the monitoring of rating metrics and the performance of profitability studies. Will be assisting in responding to management queries and concerns and resolving issues promptly. You will report to the Actuary, responsible for Pricing Operations in India. SHARE your talent Were looking for someone who has these abilities and skills: Required Skills and Abilities: General Insurance (Property and Casualty) experience is preferred. Undergraduate degree and at least 6 CT Series Exams. Excellent analytical, research, and problem-solving skills. Advanced mathematical/financial/statistical aptitude. Outstanding computer application skills, specifically Excel, Access, R, SQL, and Visual Basic Applications. Desired Skills and Abilities: Ability to multi-task and work effectively in a fast-paced team environment. Keen attention to detail. Robust oral and written communication skills.

ROLE: To drive the development and implementation of pricing strategies across product lines. This role involves managing pricing models, collaborating with cross-functional teams, and ensuring compliance with regulatory standards. JOB RESPONSIBILITIES: Pricing Strategy Development: Develop and implement comprehensive pricing strategies aligned with business objectives. Analyse market trends, competitor pricing, and customer behaviour to optimize pricing models. Risk Assessment/ risk profile of various products+ ensure effective risk mitigation strategies. Regulatory Compliance: Liaise with regulatory bodies as needed. Cross-Functional Collaboration: with underwriting, finance, product development and marketing teams to ensure cohesive pricing strategies. REQUIRED QUALIFICATIONS: Qualified actuary or close to qualifying actuarial student with at least ten years of relevant actuarial work experience Strong technical skills and understanding of key aspects of actuarial pricing and risk disciplines Strong analytical and communication skills Excellent numerical skills. Ability to maintain good relationships and manage workflow

ROLE: To drive the development and implementation of pricing strategies across product lines. This role involves managing pricing models, collaborating with cross-functional teams, and ensuring compliance with regulatory standards. JOB RESPONSIBILITIES: Pricing Strategy Development: Develop and implement comprehensive pricing strategies aligned with business objectives. Analyse market trends, competitor pricing, and customer behaviour to optimize pricing models. Risk Assessment/ risk profile of various products+ ensure effective risk mitigation strategies. Regulatory Compliance: Liaise with regulatory bodies as needed. Cross-Functional Collaboration: with underwriting, finance, product development and marketing teams to ensure cohesive pricing strategies. REQUIRED QUALIFICATIONS: Qualified actuary or close to qualifying actuarial student with at least ten years of relevant actuarial work experience Strong technical skills and understanding of key aspects of actuarial pricing and risk disciplines Strong analytical and communication skills Excellent numerical skills. Ability to maintain good relationships and manage workflow

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. _