Senior Manager - Actuary / Pricing
- Senior Manager Actuarial Pricing , General Insurance, reporting to HOD.
- 6-10 year experience , P&C/Consultancy Actuarial experience with Pricing or Reserving background ,
Pursuing or Completed Actuarial Courses, degree in Statistics/Mathematics/Actuarial/CS/ Engineering. Programming Skills
THE ROLE
- 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, R and EMBLEM models for pricing, portfolio monitoring 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 review by Actuary and Appointed Actuary
- Review 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
- Ability to work with minimum supervision and problem-solving ability
- Completion of tasks on time and at desired standards including documentation and audit trails
- Accuracy of results and comprehensiveness of the pricing model/reports
- Liaise with other internal and external stakeholders and accomplish other projects that are assigned from time to time
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