Actuary - Pricing Specialist

6 days ago


Mumbai, Maharashtra, India SCOR Full time

Job Summary

This role is responsible for working closely with primary insurers to develop a sustainable portfolio of Life & Health business by leveraging SCOR's global expertise in the Indian market. The role will involve collaborating with Pricing experts at Regional and Global levels within SCOR and reporting to the Head of Pricing, Life & Health in India.

Main Responsibilities

  • Price and document new reinsurance quotation requests in the India market, ensuring adherence to a high technical standard and meeting client deadlines.
  • Conduct research on the India pricing basis, improve the quality of actuarial assumptions, and support 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, client training etc.

Required Experience & Competencies

The following attributes are required:

  • At least 5 years of relevant experience in Life & Health Insurance in any of the following: Actuarial Pricing / Products.
  • Strong data analytics capabilities, attention to detail and problem-solving ability.
  • Preferably qualified or close to qualification from IFoA or IAI or equivalent.
  • Effective interpersonal skills, ability to manage competing tasks, meet deadlines.
  • A self‐starter with the right cultural attributes to enhance SCOR's reputation in the market.
  • Proficiency in MS office and office applications like R.
  • Strong communication skills (both verbal and written).
  • Ability to work in a small client‐oriented team and collaborate to optimize SCOR's position.
  • Prior experience with a reinsurer or actuarial consulting will be an added advantage.

Required Education

The following attributes are required:

  • Bachelor's or master's degree in any analytical discipline such as Mathematics, Actuarial Science, Statistics, Engineering etc.
  • Qualified or close to qualification from IFoA or IAI or equivalent.
  • Any certification or degree in data Science/Analytics would be preferred.


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