#383 Future Generali India Life Insurance – Pricing Manager
- Drive the New Business Value by optimizing the growth and the profit margin as per Strategy plan through impacts on business metrics and strategy and resulting product pricing
- Steer Life Product mix towards profitable lines of business with fair balance between demand in the local market and the strategic objectives of the Group, International and the Asia Region
- Product Pricing- To develop/modify products based on new product ideas or request from products team. Propose new products / riders / product modification.
- Product pricing and reporting with Regional Office on IFRS17 basis and IRDAI on traditional basis. Handling queries received from IRDAI and Regional office.
- Claims Model Recalibration, implicit guarantees calibration and assumption setting
- Co-ordination with other teams for product management related activities like providing sign off on Benefit Illustrations etc, Life department documents etc.
- Measuring the success of the product by experience monitoring and proper feedback mechanism
- Reviewing the User Acceptance Tests results and providing sign offs
- Respond to Audit queries
- Evaluate EV, appraisal value, potential partnership opportunities on the basis of bespoke products
- Good understanding of product, ALSM regulations
- Nearly Qualified in Actuary. Ideal candidate having prior experience in product pricing.
- Minimum 8 years of life insurance experience with at least 5 years of pricing experience.
- MS Excel Proficiency, Knowledge of VBA will be an advantage.
Responsibilities : Drive the New Business Value by optimizing the growth and the profit margin as per Strategy plan through impacts on business metrics and strategy and resulting product pricing Steer...
#382 Allianz – Actuary
- Experience in insurance domain is mandatory.
- Experience in pricing/reserving/modelling will be preferred
Requirements : Experience in insurance domain is mandatory. Experience in pricing/reserving/modelling will be preferred
- Play a key role in using and enhancing the assignment of new business quotes and renewals for employer groups seeking or currently enrolled with Onsurity
- Review the rate development for new business quotes and renewals, requesting additional analyses as necessary to accurately assess the potential future cost
- Support and lead any applicable training initiatives especially with highly technical actuarial and financial topics
- Learn the ins and outs of Onsruity’s proprietary pricing engine and contribute to the improvement and evolution of our analytics practices
- Work closely with Account Management on strategies and pricing to support the retention of existing customers
- Work with Data Analytics team to enhance cost prediction and cost assessment methodology
- Join a team of smart, hard-working, and devoted colleagues at a successful and rapidly growing startup
- Have potential career path opportunities based on performance as part of a dynamic and growing Insurtech Startup
- Demonstrated commitment to core Gravie competencies of being authentic, curious, creative, empathetic, and outcome-oriented
- 2+ years of health insurance pricing and underwriting experience
- Strong analytical aptitude and problem-solving skills. Quantitative proficient and a love of working with numbers
- Strong Microsoft Excel skills
- Excellent attention to detail
- An appetite for learning and quickly putting what you learn into practice
- Strong verbal and written communication skills
- Habits of excellent organization, time management, and responsiveness
- Decision making skills
Responsibilities : Play a key role in using and enhancing the assignment of new business quotes and renewals for employer groups seeking or currently enrolled with Onsurity Review the rate development...
Requirement : 7 to 10 years of experience
Requirement : 4 to 6 years of experience
Requirement : 7 to 10 years of experience
Requirement : Over 10 years of experience
Requirement : 7 to 10 years of experience
- Become an owner and expert on health benefits’ pricing, membership plans and rate indications
- Contribute to building predictive models and new machine learning tools, including recommendations of integration and implementation into the pricing process
- Introduce new rating models, rating variables, and modify existing rating curves
- Identify areas for pricing and underwriting action based on ongoing monitoring of results
- Build a knowledge base of competitor rating strategies and the overall competitive landscape
- Promote best-in-class processes, underpinned by advanced technology to support the growing needs of a fast-growth line of business
- Have potential career path opportunities based on performance as part of a dynamic and growing Insurtech Startup
- Demonstrated commitment to core Onsurity competencies of being authentic, curious, creative, empathetic, and outcome oriented
- 4+ years of insurance pricing and predictive modelling experience. Have worked in building GLM and GMB models.
- Knowledge of programming languages such as R or Python (preferred), working experience with Emblem and proficiency in database query tools such as SQL
- Highly analytical, with a knack for identifying trends, relaying results, and taking action
- B.S. in Mathematics, Statistics, or a related field
- Advanced proficiency in Excel
Responsibilities : Become an owner and expert on health benefits’ pricing, membership plans and rate indications Contribute to building predictive models and new machine learning tools, including re...
- Monthly policy valuations and precise result delivery
- Analyzing policy movements and ensuring data accuracy
- Monitoring reserves and explaining anomalies
- Preparing monthly New Business reports for IRDA
- Recent graduates or up to 1 year of experience
- Basic understanding of life, health, and annuity products
- Familiarity with MS Office, Excel, SQL, and Python is a plus
- Completion of at least two actuarial exams
- Strong communication skills and a passion for learning
- Enthusiasm for dynamic work environments and relationship building
Responsibilities : Monthly policy valuations and precise result delivery Analyzing policy movements and ensuring data accuracy Monitoring reserves and explaining anomalies Preparing monthly New Busine...
- Assist in the development of pricing models for crop insurance products, including the calculation of premiums, reserves, and reinsurance requirements.
- Maintain actuarial models and databases to support pricing, reserving, and financial reporting activities.
- Evaluate the performance of existing insurance products.
- Support the Appointed Actuary in preparing and presenting actuarial reports to the company's management and external stakeholders.
Responsibilities : Assist in the development of pricing models for crop insurance products, including the calculation of premiums, reserves, and reinsurance requirements. Maintain actuarial models and...
- Valuation of liabilities and solvency calculation across different regimes
- Preparing regulatory forms and responses to regulatory queries
- Modelling new business preferably on Prophet platform
- Performing experience studies, business planning and risk management.
- Communication with executives and maintaining excellent relationships with the cross functional local and regional teams are key components of the role.
- Bachelor’s degree. Minimum 7 papers as per the current curriculum.
- Work Experience: 5-7 years’ experience in handling various aspects of the Valuation function of Insurance / Reinsurance companies. Candidates from Life Insurance or Life Reinsurance are highly preferred
- Other Requirements: Strong verbal and written communication skills. Strong IT skills - sound working knowledge of SQL, VBA and Excel and any actuarial/statistical software (Preferably Prophet). Ability to work in cross-functional teams/projects.
Responsibilities : Valuation of liabilities and solvency calculation across different regimes Preparing regulatory forms and responses to regulatory queries Modelling new business preferably on Prophe...
- Experience in responding to regulatory queries.
- Explaining results and responding to stakeholders’ queries
- Modelling new blocks of business on Prophet platform
- Preparing Business Plans and Capital forecasts
- Performing Experience Analysis, Loss Ratio Analysis and proposing assumptions with appropriate documentation
- Communication with executives and maintaining excellent relationships with the Finance, Administration and Pricing teams are key components of the role.
- Finding ways to automate processes to improve the team’s efficiency
- The role also involves communication and coordination with stakeholders in the Regional Valuation team and Corporate Valuation team
- Guiding and mentoring team in all aspects of valuation
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Bachelor’s degree. Minimum 11 papers as per the current curriculum. Qualified Actuary is highly preferred
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Work Experience: 8-10 years’ experience in handling various aspects of the Valuation function of Insurance / Reinsurance companies. Candidates from Life Insurance and Life Reinsurance are highly preferred
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Other Requirements: Strong verbal and written communication skills. Strong IT skills - sound working knowledge of SQL, VBA and Excel and any actuarial/statistical software (Preferably Prophet). Ability to work in cross-functional teams/projects.
Responsibilities : Experience in responding to regulatory queries. Explaining results and responding to stakeholders’ queries Modelling new blocks of business on Prophet platform Preparing Business ...
#370 PNB MetLife Insurance – Actuarial intern
Requirements : * Graduates with a passion for actuarial science and a solid academic background. * Completion of at least 2 actuarial exams. * Enthusiasm to learn and contribute to key projects. * Kno...
#369 K.A. Pandit – Senior Actuarial Analyst
- Develop and implement various actuarial models as needed
- Prepare and review statutory and other consulting reports
- Pricing and designing insurance products
- Risk Management Framework review and construct
- Relevant work experience of 2-5 years in Insurance Actuarial domain
- At least 4 Actuarial exams cleared from IAI or IFoA
- Strong communication and interpersonal skills preferred
- Knowledge of Advance excel preferred
- Working knowledge in Actuarial software like prophet for the life domain
Responsibilities : Develop and implement various actuarial models as needed Prepare and review statutory and other consulting reports Pricing and designing insurance products Risk Management Framework...