Associate Vice President  / Dy. Vice President - Product Pricing

Position -

Reporting To:

Role Summary:

We are seeking a highly skilled and detail-oriented AVP / DVP - Product Pricing to lead the pricing, regulatory filing, and lifecycle management of life insurance products.

The ideal candidate will bring deep actuarial expertise, strong stakeholder engagement skills, and a proactive mindset to drive innovation and compliance in a dynamic regulatory environment.

Key Responsibilities:

• Lead end-to-end product pricing for life insurance offerings, ensuring alignment with business strategy and regulatory requirements.
• Manage product filing process with IRDAI, including documentation, coordination, and follow-ups for timely approvals.
• Liaise with IRDAI officials to facilitate seamless communication and proactively resolve queries or objections.
• Monitor regulatory changes and market trends to design responsive product and business solutions.
• Identify product gaps compared to competition and lead pricing strategies to close them effectively.
• Track product performance and business outcomes to deliver insights and recommendations to senior management.
• Drive minor modifications of existing products based on market feedback, regulatory needs, or business priorities.
• Collaborate closely with cross-functional teams, including Sales, Marketing, Operations, and Compliance etc.

Desired Candidate Profile:

• Bachelor's/Masters degree in Actuarial Science, Mathematics, Statistics, or related field.
• Qualified Actuary
• 10- 12 years of relevant experience in life insurance product pricing and IRDAI product filings.
• Strong understanding of IRDAI regulations, product structures, and actuarial modelling techniques.
• Proficiency in actuarial tools such as Prophet, Excel, and SQL (preferred).
• Excellent communication and stakeholder management skills.
• LI Industry experience.