Health Pricing Actuary

3 weeks ago

Pune, India Allianz Services Full time
Role : Health Pricing ActuaryExperience

: 3+ years.Location :

Trivandrum /Pune -(Hybrid)

Key Responsibilities

● Work as an extended team of the ADH actuaries to support various product approval, pricing and Health governance activities.● Support ADH in the product approval process for retail and group health business of global Allianz OEs with:o Assessment of the initial Health product design and pricing developed by the OE.o Enhancement of the product and pricing with quality, data-driven, practical solutions.o Coordination with ADH, other Group functions and the OE, as required, to ensure timely completion of the product approval process.● Support ADH in assessing the product and pricing maturity of different OEs with deep dive of the current practices and approach in the OE, identifying the gaps/ improvement areas and suggesting the possible enhancements to improve the product and pricing.● Support ADH in any other ad-hoc Health actuarial activities● With a strong problem solving and analytical acumen, understand the existing business challenges and develop data driven solutions that may go beyond the existing practices in a highly dynamic and fast paced environment.● You bring your knowledge to bear to analyze data, calculate cost trends and identify risk factors.● Effectively communicate with various internal and external stakeholders to convey complex actuarial concepts and analysis into understandable insights.● Ultimately, you have an impact on how Allianz is positioned in Health globally.

What we look for

● University degree in mathematics, statistics, economics, data science or any related quantitative fields.● More than 5 years of past experience as an actuary in Health insurance product design and pricing.● Strong knowledge in data analysis, with practical programming experience, ideally with R or Python.● High degree of self-organization and willingness to take ownership.● Problem solving skills to address complex issues related to product development and pricing.● Ability to adapt to changing business requirements and market conditions.● Fluency in written and spoken English.

Mandatory Skill:; Health Insurance, Pricing , Product design , R/Python

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