The role will be part of the L&H; India pricing team taking responsibility for product development and pricing of new Life & Health business to help the region achieve its growth plans. We aim to do this through better client experience; cutting-edge, better-informed pricing; and supporting development of cutting-edge products for clients in the region.
The role involves supporting development of new products and the pricing of the business written in accordance with our technical guidelines.
Major Responsibilities
- New Business Quotes and Tenders
- Lead and support the pricing and modelling of new business; this includes the review on quotes prepared by other team members and authority to sign-off.
- Partner with client-facing teams to understand cedants’ objectives, structures, and risk profiles, and translate these into appropriate pricing solutions.
- Collaborate with a cross-functional team of experts from client markets, underwriting and claims towards assessing the risks associated with a particular opportunity.
- Costing Methodology and Guidelines
- Ensure consistent and robust application of pricing methodologies and governance standards across all transactions.
- Proactively challenge existing pricing approaches and drive simplification, automation, and improvement of tools and processes.
- Monitor market, regulatory, and competitive developments and assess their impact on pricing assumptions and reinsurance structures.
- Collaborate with Experience Studies teams to analyze claims, lapse, and portfolio experience, and incorporate insights into pricing and assumption setting.
- Maintain and enhance pricing guidelines, documentation, and governance frameworks based on research and emerging experience
- Strategy, Product Development and Brand Presence
- Contribute to technical, research and project managem
📌 Actuarial Analyst (India)
🏢 Swiss Re
📍 India
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