Health Actuary

3 days ago


Delhi, India Badri Management Consultancy Full time
Job Description
BADRI Management Consultancy is seeking a highly skilled and motivated Health Actuary - Assistant Manager to join our dynamic consulting team. In this role, you will lead and support a variety of actuarial projects, focusing on health insurance. You will be responsible for data analysis, pricing, loss reserving, risk assessment, and providing strategic consulting to our clients. This position offers an excellent opportunity to advance your career in a collaborative and innovative environment.

Key Responsibilities:

  1. Data Analysis and Reporting:

    • Collect, validate, and analyze health insurance data.
    • Develop and maintain actuarial models to support pricing, reserving, and risk assessment.
    • Prepare detailed actuarial reports and presentations for internal and external stakeholders.
  2. Pricing and Product Development:

    • Conduct pricing analyses for new and existing health insurance products.
    • Collaborate with product development teams to design and refine health insurance offerings.
    • Ensure compliance with regulatory requirements and industry standards.
  3. Loss Reserving:

    • Perform loss reserving analyses to ensure adequate reserves for health insurance products.
    • Develop and implement reserving methodologies and models.
  4. Risk Assessment and Management:

    • Assess and quantify risks associated with health insurance products.
    • Develop risk management strategies and provide recommendations to clients.
  5. Client Consulting:

    • Provide strategic actuarial consulting services to clients in the health insurance sector.
    • Assist clients with financial projections, capital modeling, and regulatory compliance.
    • Build and maintain strong client relationships.
  6. Team Leadership and Development:

    • Lead and mentor junior actuarial staff.
    • Foster a collaborative and innovative team environment.
    • Support the professional development of team members.
  7. Regulatory and Industry Knowledge:

    • Stay updated on industry trends, regulatory changes, and emerging best practices in health insurance.
    • Apply regulatory knowledge to ensure compliance and inform strategic decisions.


Requirements
Bachelors in Actuarial Sciences or relevant degree (Candidates with 4-7 exams will be preferred)5+ years of professional actuarial experience in the health insurance industry.
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