Pricing

2 weeks ago


Mumbai, Maharashtra, India Bharti AXA Life Insurance Full time

Hello,

Greetings from Bharti AXA Life Insurance

We are looking for aspirants for our Pricing Team with minimum 1 year of experience.

Requisites: Software skills – Prophet

Minimum 5 actuarial papers including CM1 mandatory

Location: Bandra BKC-HO, Mumbai

Roles & Responsibilities :

  • Responsible for pricing of individual and group products
  • Assess feasibility of product structures in terms of profitability, capital requirements and competitiveness
  • Manage/Assist in developing and updating appropriate models and assumptions for new products and modifications
  • Liaise with the Product and the IT team for product setup related requirements
  • Manage/Assist in resolving queries and exploring improved processes
  • Manage/Assist product approval process
  • Manage/Assist regulatory approvals
  • Generating reports and financials for internal Product approval process
  • Preparation of File & Use and other related documents and financials for Regulatory product approval
  • Manage/Assist in preparation of responses to regulatory queries
  • Reinsurance
  • Manage reinsurer relationship and negotiate terms and conditions for reinsurance quotes

Working Relations Within Business Unit:

  • Product Development & Management
  • IT
  • Underwriting
  • Investment

Experience & Qualifications:

  • Strong technical skills and understanding of key aspects of actuarial, investment and financial disciplines
  • Strong analytical and communication skills
  • Good Knowledge of Prophet (Actuarial Software)
  • Good knowledge of Excel including VBA programming

Candidates from Mumbai Shall be preferred.


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