Chief Manager Pricing Actuary

8 - 12 years

0 Lacs

Posted:1 week ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

You will be representing an MNC Insurance firm in the role of an Individual Pricing Actuary at the Chief Manager level. To be eligible for this position, you must hold a graduate or post-graduate degree and have completed at least 8 to 9 actuarial papers. Additionally, a minimum of 8 years of relevant experience in pricing, modeling, or reporting roles within a life insurance company is required. In this role, you will need to demonstrate a strong understanding of actuarial pricing concepts and the cashflows associated with life insurance products. Effective management of stakeholder requirements is crucial, necessitating a quick turnaround time for calculations without compromising accuracy. Your key responsibilities will include building pricing models using tools like Excel, prophet, or R, assisting in assumption setting for pricing, preparing filing formalities, validating Excel calculators for Benefit Illustration, handling customer and IT queries related to benefit calculations, and supporting the IT and Modelling team in setting up products. You will also be responsible for meeting pricing-related regulatory requirements within specified timelines and addressing any management requirements regarding new products promptly. Your performance will be evaluated based on internal performance measurement processes, where setting and achieving goals related to key responsibilities and pricing activities will be crucial. It is essential to note that only individuals with experience in the Indian life insurance market should apply for this role. If you meet the qualifications and have the necessary experience, we encourage you to apply at your earliest convenience to be considered for these urgent positions.,

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