Actuarial Pricing Specialist

3 weeks ago


Mumbai, Maharashtra, India SCOR Full time

About the Role

This position plays a crucial role in ensuring that SCOR's Life & Health business is sustainable and profitable in the Indian market. As an Actuarial Pricing Specialist, you will work closely with primary insurers to understand and assist in the appropriate pricing of their reinsurance arrangements. Your expertise will be pivotal in building a robust portfolio of Life & Health business by bringing SCOR's global expertise to the Indian market.

Main Responsibilities

  • Collaborate with the India Pricing team to price and document new reinsurance quotation requests, adhering to high technical standards and meeting client deadlines.
  • Conduct research on the India pricing basis, improving the quality of actuarial assumptions, and supporting competitive quotations.
  • Develop product enhancements tailored to the India market, providing innovative support to market managers.
  • Coordinate with divisional risk management and actuarial teams on business referrals.
  • Support marketing activities and external communication via presentations and client training.

Requirements and Qualifications

The ideal candidate will have at least 5 years of relevant experience in Life & Health Insurance, with a strong background in actuarial pricing and products. Strong data analytics capabilities, attention to detail, and problem-solving ability are essential. A Bachelor's or Master's degree in an analytical discipline such as Mathematics, Actuarial Science, Statistics, or Engineering is required. Qualified or close to qualification from IFoA or IAI or equivalent is preferred. Proficiency in MS Office and office applications like R is also required. Effective interpersonal skills, ability to manage competing tasks, and meet deadlines are crucial. A self-starter with the right cultural attributes to enhance SCOR's reputation in the market is essential.



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