20 Aug
|
Prudential
|
Mumbai
As a Executive Pricing Actuary, your typical work week might include the following:
- Develop and launch new, 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 workplace. You're not afraid to roll up your sleeves and get involved in all aspects of product development.
- A natural
📌 Executive Pricing Actuary (Mumbai)
🏢 Prudential
📍 Mumbai