Designation:

Location: India Maharashtra BSLI One IndiaBullsCntr,Mumbai

Organization: Financial Services

Job Description:
Develop and maintain actuarial pricing models for current and existing insurance products.
Perform experience analysis on claims, exposure, premium, lapse, and other relevant portfolio data.
Conduct rate reviews and recommend pricing changes based on emerging experience and profitability.
Develop pricing assumptions, rating structures, technical rates, and pricing methodologies.
Perform profitability and sensitivity analysis under different pricing scenarios.
Support product development by providing actuarial inputs on product structure, perks, exclusions, and pricing.
Prepare pricing reports, actuarial notes, technical documentation, and regulatory submissions.




Support regulatory filings and ensure pricing methodologies comply with applicable IRDAI requirements.
Monitor portfolio performance against pricing assumptions and identify key drivers of deviation.
Work closely with Underwriting, Product, Claims, Finance, Distribution, IT, and Risk teams.
Support implementation and validation of pricing logic in rating systems.
Identify opportunities to automate pricing and analytical processes.
Present pricing results, recommendations, and key insights to senior stakeholders.
Maintain appropriate documentation, controls, and governance around pricing models.

📌 Assistant Manager Maharashtra
🏢 Aditya Birla Group
📍 Maharashtra