#405 Acko – Life Actuary
Acko
Full-Time
Bangalore
Posted 2 weeks ago
Responsibilities :
- Assist in Actuarial Valuation: Support the actuarial valuation function by ensuring data accuracy, performing calculations, and contributing to timely reporting. Ensure all outputs meet regulatory compliance standards and internal reporting timelines.
- Maintain Actuarial Models: Help in the development, calibration, and maintenance of actuarial models, including but not limited to those for embedded value calculations, product pricing, IFRS reporting, and Economic Capital Reporting.
- Conduct Market Research: Perform in-depth market analysis and competitor research to identify trends, competitive pricing models, and insights. Assist the pricing team with data-driven recommendations for strategy adjustments.
- Support Retail Pricing Strategies: Work closely with the pricing team to develop, implement, and refine pricing strategies for Life Insurance products. Focus on key drivers such as mortality risk, lapse rates, and operational expenses.
- Provide Group Pricing Quotations: Assist in generating and reviewing group pricing quotations, ensuring they align with market standards and pricing strategies. Ensure all quotations are accurate and competitive.
- Conduct System User Acceptance Testing (UAT): Participate in UAT activities for new functionalities and regularly monitor newly launched product features. Ensure that new system features meet the necessary specifications and perform as expected in day-to-day operations.