Senior Manager - Group Pricing - Insurance

Senior Manager - Group Pricing - Insurance

- Our client is a top Life Insurance company promoted by top Indian bank and a foreign partner, offering long-term savings and protection products to meet the different life stage requirements of their customer.

- In FY 2015, the company became the first private life insurer to attain assets under management of `1 trillion and also the first insurance company in India to be listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

Role Details :

Designation : Sr. Manager

Department : Group Pricing

Reporting to : Chief Manager/AVP

Location : Mumbai

Key Responsibilities :

- Manage a team of 3 to 5 resources responsible for pricing of group insurance policies

- Evaluate quotations / reports prepared by the team before closure with business teams

- Ensure compliance, profitability and other process guidelines are followed by the team

- Coach and guide the team to conduct financial analysis/market research to support development of group products

- Engage with reinsurers and business teams for finalization of quotations

- Provide sales support for customized business requirements, business acquisition/retention by timely resolution of queries relating to product, pricing and process

Educational Qualification / Experience :

- MBA from a Tiered institute, with 10+ years of Experience

- Actuary Paper qualification with 10+ years of Experience (Benefits of Actuary study policy shall be applicable for employees in Group Pricing teams)

- Pricing/ Analyst Background

- B.Tech/ B.E with 10+ years of Experience

Knowledge & Skills :

- Good logical reasoning and data analysis

- Good interpersonal and communication skills

- Good knowledge of MS Excel/PowerPoint

- Experience of managing a team / multiple stakeholders

- Negotiation Skills