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Actuarial - GI - Pricing - Deputy Manager - RNA WNS Holdings

4 - 8 years

7 - 10 Lacs

Bengaluru

Work from Office

Role: Pricing General Requirements: Knowledge of mathematics, probability, statistics and Commercial Insurance business. Knowledge of Insurance process(es) and pricing methodologies (conventional and Innovative approaches) Mandatory Requirements: Work experience in Pricing for commercial insurance risks (eg. property LOB)Work experience on pricing modelling using Exposure and Experience rating methodologies. Should have in-depth knowledge in pricing methodologies using EMBLEM and RADAR tools. Should have built pricing tools/raters on Excel. Should have knowledge on Frequency, Severity modelling and Loss cost modelling. Additional good to have requirements: Knowledge of actuarial tools (EMBLEM/RADAR), data mining tools like SQL/ R/ Python, automation using VBA macros Knowledge of ST-8 General Insurance Pricing Actuarial science would be preferable Work experience on GLM modelling Frequency and Severity Work experience on Impact Analysis using Radar tool would be an added advantage. Screening parameters: Work experience in General Insurance Pricing Knowledge on Pricing Exposure & Experience rating techniques (familiar with key concepts like LDF, ILF, loss curves) Cleared or appeared for Actuarial Science exam- ST-8: General Insurance Pricing Modelling (Frequency & Severity modelling) using Emblem/R / SAS / Python Qualifications Proficient in predictive analytics methodology and its use in the insurance industry. Experienced in use of R, Python, and other open-source languages. Familiarity with Willis Towers Watson modeling software preferred. Working knowledge of P&C insurance marketplace. Knowledge and understanding of best practices and the competitive landscape.

Posted 3 months ago

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