Manager - Pricing

2 days ago

Andheri East, Maharashtra, India RGA Full time ₹ 12,00,000 - ₹ 36,00,000 per year

You desire impactful work.

You'reRGA ready

RGA is a purpose-driven organization working to solve today's challenges through innovation and collaboration. A Fortune 500 Company and listed among itsWorld's Most Admired Companies, we're the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.

General Summary

This is an Individual contributor role with 3 or 5 years of actuarial experience (not limited to pricing work). This requires an enthusiastic learner who can work on experience studies, undertake research and analysis to develop pricing assumptions with minimum guidance. The person would also work on pricing models. The job requires some base knowledge of analytical tools like R and Python which can assist in general data analytical work.

Key Responsibilities

  • Performing experience studies for different lines of business
  • Developing pricing assumptions based on experience and research.
  • Pricing quotes within the agreed timelines and established quality standards
  • Work with different functions like BD, Underwriting and Claims on to ensure the information used for pricing is complete and accurate.
  • Maintaining complete and accurate pricing documentation.
  • Work on various data analytics projects to support different pricing assumptions.
  • Support research and analysis as required for product development and other actuarial work
  • Drafting proposal and treaty documentation.

Education and Experience

  • Bachelor's degree in mathematics, Finance, Statistics, Actuarial Science or a related field
  • Minimum 3 or 5 years' experience in various aspects of the actuarial or analytical work of an insurance/reinsurance/financial business
  • Cleared minimum 6 or 9 exams from a recognized Actuarial Institute as per new curriculum

Skills and Abilities

  • Excellent oral and written Communication skills and ability to communicate complex problem to variety of stakeholders.
  • Sound working knowledge of MS Excel, Macros, MS Word and any actuarial/statistical software.
  • Working knowledge of software like Oracle, R and Python would be preferred
  • An ability to set and manage priorities in a changing work environment is essential.

What you can expect from RGA:

  • Gain valuable knowledge from and experience with diverse, caring colleagues around the world.
  • Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
  • Join the bright and creative minds of RGA, and experience vast, endless career potential.

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