Description
- Collaborate with the Pricing Team to develop pricing strategies and models for our P&C; insurance products, with a focus on admitted business.
- Analyze large datasets to evaluate risks and assess pricing adequacy.
- Conduct research and perform competitive analysis to stay updated with market trends and regulatory changes.
- Assist in the development and implementation of pricing programs, including rate reviews and filings.
- Prepare and present actuarial findings and recommendations to management and other stakeholders.
- Calculate indicated rate, project losses to ultimate using various methodologies, trend analysis etc.
- Collaborate with underwriters, product managers, and other departments to ensure pricing strategies align with business goals.
- Provide support in the development of pricing tools, models, and other analytical tools to streamline pricing processes.
- Continuously monitor and evaluate the performance of pricing strategies and make recommendations for improvements.
- Stay updated with industry best practices and developments in actuarial methodologies and techniques.
Responsibilities
- Collaborate with the Pricing Team to develop pricing strategies and models for our P&C; insurance products, with a focus on admitted business.
- Analyze large datasets to evaluate risks and assess pricing adequacy.
- Conduct research and perform competitive analysis to stay updated with market trends and regulatory changes.
- Assist in the development and implementation of pricing programs, including rate reviews and filings.
- Prepare and present actuarial findings and recommendations to management and other stakeholders.
- Calculate indicated rate, project losses to ultimate using various methodologies, trend analysis etc.
- Collaborate with underwriters, product managers, and other departments to ensure pricing strategies align with business goals.
- Provide support in the development of pricing tools, models, and other analytical tools to streamline pricing processes.
- Continuously monitor and evaluate the performance of pricing strategies and make recommendations for improvements.
- Stay updated with industry best practices and developments in actuarial methodologies and techniques.
Qualifications
- Bachelor’s/Master's degree in engineering, economics, mathematics, actuarial sciences, statistics.
- Affiliation to IAI or IFOA, with 2-6 CT actuarial exams will be an added advantage
- 3-5 years Actuarial experience in the P&C; insurance industry.
- Solid pricing experience including filings and filings support.
- Advanced skills in Excel, VBA, SAS, and other relevant tools for data analysis and modeling.
📌 Assistant Manager (Gurugram)
🏢 EXL
📍 Gurugram