Senior Actuarial Pricing Manager
2 weeks ago
Bharti AXA Life Insurance is a leading life insurance company with a strong presence in the Indian market. Our commitment to excellence and customer satisfaction has earned us a reputation as a trusted partner for individuals and families seeking financial security.
Job Title: Senior Actuarial Pricing Manager
Location: Mumbai, India
Job Summary
We are seeking an experienced Actuarial Pricing Manager to join our team in Mumbai. As a key member of our actuarial department, you will be responsible for pricing individual and group products, assessing product feasibility, and developing models and assumptions for new products. Your expertise will play a critical role in driving business growth and ensuring regulatory compliance.
Key Responsibilities
* Develop and maintain pricing models for individual and group products
* Conduct actuarial analysis to assess product feasibility and profitability
* Collaborate with the product development team to design and launch new products
* Work closely with IT to ensure seamless integration with existing systems
* Manage reinsurance relationships and negotiate terms and conditions
* Ensure compliance with regulatory requirements and internal policies
Requirements
* Strong technical skills and knowledge of actuarial, investment, and financial disciplines
* Excellent analytical and communication skills
* Proficiency in Prophet (Actuarial Software) and Excel, including VBA programming
* Strong understanding of Indian insurance regulations and industry trends
Benefits
* Competitive salary package: ₹25,00,000 - ₹30,00,000 per annum
* Opportunities for professional growth and development
* Collaborative and dynamic work environment
* Comprehensive benefits package, including health insurance and retirement plan
About You
We are looking for a seasoned actuary with a strong track record of success in pricing and product development. If you have a passion for numbers and a drive to deliver results, we want to hear from you.
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