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Pramerica Life Insurance
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Chief Manager - Actuarial (Group Quotation & Reinsurance)

Chief Manager - Actuarial (Group Quotation & Reinsurance)

Pramerica Life Insurance

5 - 6 years

7 - 8 Lacs

gurugram

Posted:1 day ago| Platform:

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Skills Required

reinsurance publishing data management microfinance project management analytical r programming book keeping actuarial auditing

Work Mode

Work from Office

Job Type

Full Time

Job Description

A. Position Summary

Required candidates with minimum 5-6 years of working experience preferably in pricing of the Group business quotations of a life insurance or Reinsurance company. The candidate would be managing group pricing team of 4-5 team members and would report to the Pricing Actuary.

B. Key Responsibilities

Manage quotes for Employer-Employee group term life business.

Manage quotes for Micro finance group affinity business and Group Credit Business.

Engaging with reinsurance in getting best terms for providing the above quotes.

Assisting in finalization of new reinsurance treaties, helping in seeking approvals from various stakeholders, documentation, and filing of final treaties to regulator and for internal book keeping.

Performing analysis of business written on regular basis, calculating and publishing loss ratios.

Pricing of new group products - preparing IRDAI and PMC documents as required.

Preparation of Benefit Illustrations and calculators required for new product setup along with providing support with system UAT.

Maintenance of group governance framework and other compliance checklists for audit checks.

Liaise with other departments such as Products, IT, OPS etc. for various jobs for efficient project management.

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