Pricing Expertise in Auto Insurance

7 days ago

Mumbai, Maharashtra, India beBeeInsurance Full time ₹ 15,00,000 - ₹ 28,00,000
Job Title: Insurance Pricing Strategist

Key Responsibilities:
  • We develop and support pricing strategies for Motor Insurance products based on portfolio trends and emerging market patterns.
  • Analysts analyze large datasets to identify trends, pricing opportunities, and potential risks.
  • The analytics and actuarial teams collaborate to gather detailed pricing inputs, including OEM/Non-OEM segmentation and scheme-level insights.
  • We contribute to the development and refinement of financial models to support pricing decisions.
  • Pricing professionals prepare and present monthly product performance decks for steering committee meetings, including monitoring of marginal costs and execution of corrective actions.
  • Data analysts translate complex data into actionable insights and prescriptive recommendations for stakeholders.
  • Ongoing assessment and refinement of pricing models improve profitability and market competitiveness.

Candidate Requirements:
  • A minimum of 5–7 years of experience in Insurance product pricing is required.
  • Motor Insurance pricing knowledge or hands-on experience is preferred.
  • Strong analytical and problem-solving skills are necessary, along with the ability to interpret data effectively.
  • High proficiency in analytical tools including VBA, MS Excel, and financial modelling is essential.
  • Excellent communication skills allow data-driven insights to be conveyed clearly.
  • The ability to work in a cross-functional environment and present findings to senior management is required.

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