Chief Manager Pricing Actuary

We represent an MNC Insurance firm seeking Individual Pricing Actuaries at the Chief Manager level. The qualification requirements are as follows:

Qualifications required

• Any graduate or post-graduate with at least 8 to 9 actuarial papers.
• Minimum 8 years of relevant experience in pricing, modeling, or reporting roles in a life insurance company.

Context & Role:

• Role requires a good understanding of actuarial pricing concepts and cashflows of life insurance products.
• Effective management of various stakeholders’ requirements. Therefore, quick turnaround time without compromising accuracy of calculations is necessary.

Key Responsibilities:

• Building pricing model in Excel/prophet/R
• Assist in assumption setting for pricing
• Preparation of filing formalities
• 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

Measures of Performance:

• Based on internal performance measurement process

• Setting and achieving the goals covering the key responsibilities and pricing activities

ONLY THOSE WITH EXPERIENCE IN THE INDIAN LIFE INSURANCE MARKET NEED APPLY.

Please apply at your earliest convenience to be considered for these urgent roles.