Assistant Vice President - Pricing - General Insurance

Assistant Vice President - Pricing

- Strong ability to translate functional specifications / requirements to technical requirements

- Complete understanding of the current state of affairs and problem statement

- Experience in data extraction and data manipulation.

- Ability to understand data models and identify ETL optimization opportunities. Exposure to ETL tools is preferred.

- In-depth data analysis like identifying major trends, univariate and multi-variate analysis

- Developing analytical solutions and models leveraging advance analytical tools - SAS/Python/R, etc.

- Personal and commercial lines general insurance pricing, application of GLM using Emblem or other tools. Building the loss cost models in SAS/ R/ Python/ Emblem by applying the GLM technique, involving identifying and analyzing the trends in the rating factors, and correlations among them. Building a simple factor model, followed by interaction testing and simplification of the rating factors and applying the inflation and reserving adjustments for future projections, validating the model and model management.

- Process Automation

- Knowledge of general insurance domain and commercial lines experience is must

Candidate Profile:

- 9+ years experience in general insurance including pricing, claim, Underwriting, data management, etc. Preference to have experience in machine learning, advance statistical techniques, AI and process improvement.

- Excellent communication & presentation skills

- Excellent in project management, team management and conflict management skills

- Good knowledge of data base management and Hadoop/Spark, SQL, VBA.

- Bachelors/Master's degree in economics, mathematics, computer science/engineering, operations research or related analytics areas; candidates with BA/BS degrees in the same fields from the top tier academic institutions are also welcome to apply

- Model development experience in R, Python, SAS

- Strong and in-depth understanding of statistics

- Data analysis experience

- Superior analytical and problem solving skills

- Outstanding written and verbal communication skills

- Able to work in fast pace continuously evolving environment and ready to take up uphill challenges

- Is able to understand cross cultural differences and can work with clients across the globe

- Should be able to lead team independently and prepare/manage client ready deliverable