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ICICI Prudential Life Insurance is one of the leading private life insurance companies in India, providing a wide range of insurance and investment products.

7 Job openings at ICICI Prudential Life
Sr. Manager- I - FINANCE SC Mumbai 5 - 10 years 4.0 - 4.0 Lacs P.A. Work from Office Full Time

What are we looking for A dynamic and energetic Subject Matter Expert (SME) tosupport reinsurance team in managing overall reinsurance activities with a highlevel of integrity, faster execution, respect for timeline and efficientinteraction with internal and external stakeholders. Competencies required 1. Domain knowledge (SME). 2. Customer orientation. 3. Creativity and Innovation. 4. Faster execution. 5. Decision Making. 6. Drive projects. 7. Collaboration with cross-functional team. What does the job entail Managing ReNova system, reinsurance accounting along withpreparation of reinsurance regulatory reports including but not limited to thefollowing activities 1. Understanding of various reinsurance arrangements. 2. Implementation of reinsurance arrangements in the ReNovasystem. 3. Understanding of insurance product / reinsurancetreaties. 4. Calculation of reinsurance premiums/Claims/Reserves. 5. Preparing reinsurance bordereaux and accounts. 6. Sharing bordereaux with reinsurers within timeline. 7. Follow up for invoices and submission for settlement ofthe accounts. 8. Managing Internal department co-ordination withClaims/UW/Group/Actuaries etc. 9. Regulatory reporting (IRDAI). Education & skills Education Bachelors / Masters in Atuarial science, Statistics, Data science etc. Excellent command over ReNova/DCS. Advance MS Office (Excel, Access, PPT). SQL. Good communication.

Sr. Manager- I - e-Commerce SC Mumbai 2 - 5 years 17.0 - 19.0 Lacs P.A. Work from Office Full Time

Key Responsibilities Collaborate with business stakeholders to gather, analyze, and document requirements. Translate business needs into functional and technical specifications for the technology team. Work closely with developers, QA, and solution architects to ensure accurate solution design and delivery. Lead project execution, including planning, tracking progress, and ensuring timely delivery of milestones. Facilitate workshops, requirement-gathering sessions, and status meetings with cross-functional teams. Develop use cases, process flows, and business requirement documents (BRDs). Act as a liaison between business teams and IT to resolve issues and align expectations. Monitor project risks, dependencies, and changes, ensuring smooth implementation. Ensure delivered solutions meet business goals and quality standards. Provide post-implementation support, feedback collection, and continuous improvement recommendations. Qualifications & Skills Bachelor s degree in Business, Information Technology, or a related field (MBA preferred). Proven experience as a Business Analyst with involvement in end-to-end project delivery. Strong understanding of SDLC (Agile/Waterfall methodologies). Excellent communication and interpersonal skills to engage with business and technical stakeholders. Strong project management capabilities planning, tracking, and delivery. Analytical mindset with problem-solving ability. Proficiency in documentation tools (MS Office, Visio, Jira, Confluence, etc.). Ability to manage multiple projects simultaneously in a fast-paced environment. Key Competencies Business Requirement Analysis Technical Translation & Solution Design Project Leadership & Stakeholder Management Communication & Negotiation Skills Risk & Change Management Process Improvement

Bancassurance Officer Madurai, Chennai, Coimbatore 1 - 5 years 3.0 - 4.5 Lacs P.A. Work from Office Full Time

Role & responsibilities We are looking for young, high energy individuals with a passion for sales and for achieving aspirational targets. Key responsibilities: Liaise with banks branch staff and build effective relationships to maximize the business opportunity Provide knowledge about the insurance products and support banks branch staff through training to enable them to generate new business, understand customer needs and recommend suitable life insurance products to customers Provide training to the bank branch staff to equip them to sell insurance products to customers and assist them in revenue generation Provide guidance to the banks branch staff in servicing existing customers, solve their queries and concerns and ensure the quality of business is maintained consistently Enable business procured through banks branch staff is aligned to business quality metrics Exercise due diligence to prevent unauthorized/ fraudulent transactions Candidates who are willing to be mobile and work across locations will be preferred. Education and experience: Graduation or post-graduation from any stream Graduate freshers or candidates with experience of 0 - 2 years Note: Compensation and level fitment in the organisation will be offered commensurate with role, education and prior work experience of the candidate. Meet or exceed monthly/quarterly targets set by the company while maintaining high levels of customer satisfaction. Preferred candidate profile Bfsi, Nbfc, Insurance, Life insurance sales, Business development, Bancassurance, General insurance, Banking & other investmet corp

Sr. Manager/Chief Manager - Business Intelligence (Data Scientist) Mumbai 8 - 12 years Not disclosed Work from Office Full Time

Role Details Designation: Chief Manager Role type: Team Lead Department: BIU (Business Intelligence Unit) Location: Mumbai Role Summary BIU will lead the Business Intelligence function by driving data strategy, advanced analytics, and actionable insights to support business growth and leadership decision-making. The role involves managing multiple BI workstreams, senior stakeholders, and high-performing teams while ensuring scalability, governance, and quality of BI solutions Key Responsibilities Own the BI strategy, roadmap, and execution across assigned business functions. Lead and manage BI teams / team leads; drive capability building and succession planning. Partner with senior business stakeholders to translate strategic objectives into data-driven solutions. Design, standardize, and govern dashboards, MIS, and enterprise KPI frameworks. Ensure accuracy, consistency, and compliance of data and reporting outputs. Drive automation, self-serve analytics, and BI platform enhancements. Advanced analytics and insights Enable predictive and diagnostic analytics Prioritize BI demand, manage delivery timelines, and ensure stakeholder satisfaction. Present insights, trends, and recommendations to senior leadership and governance forums. Mentor, coach, and evaluate performance of BI talent. Collaborate closely with Data Engineering, IT, Product, Risk, and Finance teams. Skills & Attributes Strong leadership and people management capabilities. Proficiency in BI tools such as Power BI / Tableau / Looker. Advanced working knowledge of SQL; exposure to Python/R is desirable. Good understanding of data warehousing, ETL processes, and BI architecture. Strong communication, presentation, and stakeholder management skills. Ability to work in a fast-paced, deadline-driven environment. Preferred Experience Exposure to BFSI / Insurance domain. Experience with cloud-based BI platforms (Azure / AWS / GCP). Familiarity with data governance and regulatory reporting standards. Educational Qualification / Experience MBA from a Tiered institute with minimum 8 year of experience

Senior Manager/Chief Manager - Group Pricing Mumbai 7 - 10 years Not disclosed Work from Office Full Time

Role & responsibilities 1. Pricing Strategy & Execution Develop and implement pricing models for Group Term Life products across various segments (employer-employee, affinity, lender-borrower). Collaborate with distribution, underwriting, and product teams to tailor pricing to customer segment needs while ensuring profitability. Perform risk-based pricing by evaluating mortality assumptions, group demographics, and industry trends. 2. Profitability Management Monitor portfolio-level profitability on a periodic basis (monthly/quarterly). Identify and manage blocks that are underperforming and take corrective pricing or underwriting actions. Develop and track profitability KPIs like loss ratio, expense ratio, renewal persistency, and pricing adequacy. 3. Data Analytics & Modeling Maintain and enhance actuarial pricing models using tools like Prophet, R, Python, or Excel VBA. Conduct sensitivity analysis and scenario testing to support business decisions. Benchmark pricing against competitors and market trends. 4. Stakeholder Collaboration Engage with corporate sales, group underwriting, reinsurance, legal, and finance teams to ensure alignment. Support large deal negotiations by providing pricing insights and risk evaluation. Work with reinsurers for structuring large deals or complex risks. 5. Regulatory & Compliance Ensure adherence to IRDAI pricing regulations and internal actuarial governance policies. Maintain proper documentation of pricing files and assumptions for audit and regulatory review. 6. Innovation & Product Enhancement Propose innovative pricing constructs (e.g., experience-based rating, graded premiums). Analyze customer claims experience and feedback for product improvements. Key Skills & Competencies Strong knowledge of group insurance products (life, credit life, employee benefits, health) Expertise in actuarial pricing techniques, financial modeling, and risk assessment Proficiency in tools like Excel, R, Python, SQL, or actuarial software Strong business acumen and ability to balance technical rigor with commercial needs Excellent stakeholder management and communication skills Qualifications & Experience Graduate/Post-graduate in Mathematics, Statistics, Actuarial Science, or related field 7-10 years of experience in actuarial pricing, group insurance, or product management Prior exposure to credit life, bancassurance, or employee benefit pricing is an advantage

Manager/Senior Manager - Pricing & Profitability Mumbai 4 - 7 years Not disclosed Work from Office Full Time

Role & responsibilities 1. VNB Testing & Analysis Perform periodic testing of VNB results across products, channels, and segments. Validate actuarial models used for VNB calculation, including cashflow projections, discounting, and cost of capital. Review assumptions (mortality, morbidity, lapses, persistency, expenses, interest rates) impacting VNB. Conduct sensitivity and scenario testing (interest rate shocks, lapse rate variations, channel/product mix shifts or any other assumption changes). 2. Profitability Assessment Evaluate product profitability at both product and portfolio levels. Analyse channel-wise profitability, cost ratios, and margin contributions. Partner with Product, Sales, and Finance and Actuarial teams to identify levers for profitability improvement. Recommend design/structural changes in products and propositions to optimize profitability. 3. Business Reporting & Monitoring Prepare regular VNB reports for management, highlighting key drivers and variances. Track and report VNB Margin (VNB / APE) across periods and benchmark against industry peers. Support quarterly/annual investor presentations by providing insights on VNB and profitability. 4. Governance & Control Ensure compliance with IRDAI regulations, actuarial standards, and internal audit requirements. Implement control checks and reconciliation between VNB reports, actuarial models, and financial statements Key Skills & Competencies Strong understanding of life insurance products, pricing, and profitability levers. Knowledge of actuarial modelling and valuation methodologies. Proficiency in - Excel: Necessary SQL, and BI tools for data validation and analysis: Desirable Strong analytical and problem-solving skills. Strong communication skills; ability to communicate technical results to non-technical audiences

Bancassurance Sales Officer Ongole, Vijayawada, Hyderabad 2 - 7 years 3.25 - 4.0 Lacs P.A. Work from Office Full Time

Role & responsibilities The Bancassurance Manager acts as a dedicated insurance specialist placed within bank branches to manage the relationship between the insurance provider and the bank. The core objective is to integrate insurance products into the bank's wealth management and financial planning solutions to drive non-interest income and increase policy penetration. Key Responsibilities1. Sales & Business Development Target Achievement: Achieve monthly, quarterly, and annual sales targets for life, health, and general insurance products. Lead Generation & Conversion: Utilize bank customer databases, walk-ins, and referrals from bank staff to identify potential customers and close sales. HNI/NRI Focus: Pitch customized, high-value insurance solutions to High-Net-Worth Individuals (HNI) and NRI customers. Joint Calls: Conduct joint calls with Bank Relationship Managers (RMs) or Branch Managers (BMs) to convert potential leads. Credit Life Integration: Drive Credit Life Insurance by integrating insurance with loan products (mortgages, personal loans). 2. Relationship Management Stakeholder Management: Build and maintain strong, trust-based relationships with Bank Branch Managers, Relationship Managers, and frontline staff. Motivation & Engagement: Motivate branch employees to prioritize insurance cross-selling by conducting morning huddles and recognizing top performers. Conflict Resolution: Resolve operational or sales-related issues between the bank staff and the insurance company. 3. Training & Support Product Knowledge: Conduct regular product training sessions, workshops, and refresher courses for bank staff to ensure they are well-versed with insurance products and processes. Sales Support: Provide on-the-spot support to bank staff regarding product features, sales techniques, and compliance requirements. 4. Operations & Compliance Document Accuracy: Ensure 100% accurate documentation and compliance with IRDAI guidelines, KYC norms, and internal company policies. After-Sales Service: Provide seamless post-sales support, including policy issuance and renewals. MIS Reporting: Maintain and report daily/weekly/monthly sales performance (MIS) to the Area/Regional Manager. 5. Key Performance Indicators (KPIs) Number of policies logged in/issued (Volume). Premium Income generated (Weighted Received Premium - WRP). Active Bank Branch Activation percentage. Persistency Ratio (Retention of policies). Lead conversion rate. Preferred candidate profile Life insurance , investment Banking, BFSI Insurance, Nbfc Insurance, wealth management & Investment Service etc.

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