01 Aug
|
Prudential
|
Maharashtra
01 Aug
Prudential
Maharashtra
As a Executive Pricing Actuary, your typical work week might include the following:
- Develop and launch recent, flexible, modular health insurance products informed by thorough market analysis.
- Build and implement sophisticated pricing models for these products, ensuring compliance and robust documentation.
- Analyze large datasets to optimize pricing, product design, and portfolio mix.
- Forecast financial performance, predict profitability, and manage risk.
- Collaborate across different teams in the organization.
- Continuously improve processes and leverage emerging technologies.
- Monitor portfolio performance, recommending portfolio adjustments, new products, new features and repricing strategies.
- Ensure regulatory compliance and maintain high standards of documentation.
- Develop interim calculators with full validations and conduct pricingrelated system testing to ensure accuracy and robustness.
- Ensure full responsibility for your and your teams output while thinking wing-to-wing across the organization.
You could be the right candidate if you:
- Have deep understanding of health insurance products (Retail, Group, Retail Under Group, Indemnity, Fixed Benefit products such as Personal Accident, Hospital Cash, Critical Illness, Disease Specific, Loan Linked, Travel, Wellness Offerings, International Offerings, Byte-sized Offerings etc.), processes and regulatory landscape.
- Have 3 - 4 years of experience in health insurance pricing, product development, predictive modeling, rate filings,
and regulatory compliance (SAHI experience a plus).
- Proficiency in actuarial modeling and statistical software (R, SAS, Python, Emblem, Radar, SQL, advanced Excel).
- Have exceptional analytical, problem-solving, leadership, and communication skills.
This Could Be the Gig for You If You’re:
- A self-starter who thrives in a dynamic and challenging environment. You're not afraid to roll up your sleeves and get involved in all aspects of product development.
- A natural leader who can inspire and motivate everyone in a team to achieve ambitious goals.
- Passionate about leveraging data and technology to improve healthcare access and affordability. You see the big picture and how your work contributes to a larger purpose.m
- A strategic thinker with a keen eye for detail. You can see the forest and the trees, balancing big-picture strategy with meticulous execution.
- A collaborative team player who enjoys working with diverse individuals across different departments. You value open communication and a supportive work environment.
- Excited about continuous learning and staying at the forefront of industry trends and technologies. You are proactive in seeking out new knowledge and skills.
- Comfortable working in a quick-paced environment, juggling multiple priorities, and adapting to changing circumstances.
- Resilient and solution oriented.
- Looking for a role where you can make a real difference in the lives of others by improving access to quality and affordable healthcare.
📌 Executive Pricing Actuary (Maharashtra)
🏢 Prudential
📍 Maharashtra