AM/DM Actuarial Pricing / Health Manager Pricing

At least 6 Actuarial exams cleared

Responsibilities:

•Collaborate in the design of new General Insurance products along with other stakeholders and play a pivotal role in product development

•Create and review excel and EMBLEM models for pricing and profit testing

• Provide main technical inputs and ensure robustness of pricing models and illustrations

•Ability to provide insightful summary of the results of various iteration and sensitivities done during pricing

•Review and sign off on all the pricing related work before reviewed by Appointed Actuary

• Prepare pricing reports, F&U and other necessary documents to facilitate product approval from IRDA

•Active involvement in finalizing the pricing assumptions and take necessary sign offs

•Collaborate in the design of new General Insurance products along with other stakeholders and play a pivotal role in product development

Qualification and Experience Requirement:

•Good years of working in an insurance and/or actuarial consultancy is required

•Awareness of competitive landscape in the Indian General Insurance market and IRDA regulations would be an added advantage

•Experience of EMBLEM product pricing and other statistical analysis software like R, SAS, SQL Server will be an added advantage.