Actuarial Pricing Specialist

4 weeks ago


Mumbai, Maharashtra, India Reinsurance Group of America Full time

Position Overview

This role will work closely with various stakeholders to support group pricing work and provide solutions to clients in accordance with RGA's pricing standards and requirements. This includes evaluating business requests, managing the group pricing process, and communicating with senior management.

Responsibilities

  • Pricing standard quotes with minimal supervision and delivering within agreed timelines and quality standards.
  • Developing areas of pricing expertise to handle non-standard quotes.
  • Maintaining accurate pricing documentation.
  • Pricing facultative cases and ensuring proper documentation.
  • Completing data analytics for pricing assumptions.
  • Setting and updating pricing bases.
  • Updating pricing and treaty templates.
  • Drafting group business proposals and negotiating with clients.
  • Leading a team of junior actuaries.
  • Contributing to new product and reinsurance structure design.
  • Researching and developing pricing expertise.
  • Assisting with business and product mandates.
  • Interacting with clients on data issues.
  • Working with BD, underwriting, and claims to develop business solutions.

Requirements

Education and Experience

  • Bachelor's degree in mathematics, finance, statistics, or actuarial science.
  • Nearing actuarial qualification with a recognized association.
  • Minimum 10-12 years' experience in group pricing.

Skills and Abilities

  • Excellent communication skills and ability to communicate complex problems.
  • Strong IT skills and ability to work in cross-functional teams.
  • Ability to set and manage priorities in a changing work environment.
  • Conceptual and practical expertise in actuarial science.


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