Job highlights

- for various jobs for efficient project management. . C. Job Specifications. A bachelor s degree,progression in passing actuarial exams would be an added advantage
- Required candidates with minimum 5-6 years of working experience preferably in pricing of the Group business quotations of a life insurance or Reinsurance company

A. Position Summary Required candidates with minimum 5-6 years of working experience preferably in pricing of the Group business quotations of a life insurance or Reinsurance company. The candidate would be managing group pricing team of 4-5 team members and would report to the Pricing Actuary.

B. Key Responsibilities

- Manage quotes for Employer-Employee group term life business.
- Manage quotes for Micro finance group affinity business and Group Credit Business.
- Engaging with reinsurance in getting best terms for providing the above quotes.
- Assisting in finalization of new reinsurance treaties, helping in seeking approvals from various stakeholders, documentation, and filing of final treaties to regulator and for internal book keeping.
- Performing analysis of business written on regular basis, calculating and publishing loss ratios.




- Pricing of new group products - preparing IRDAI and PMC documents as required.
- Preparation of Benefit Illustrations and calculators required for current product setup along with providing support with system UAT.
- Maintenance of group governance framework and other compliance checklists for audit checks.
- Liaise with other departments such as Products, IT, OPS etc. for various jobs for efficient project management.

C. Job Specifications
- A bachelor s degree, progression in passing actuarial exams would be an added advantage.
- At least 5+ years of working experience preferably in the group pricing team of a life insurance or Reinsurance company.
- Sound knowledge of advanced MS Excel, VBA, and R programming.
- Knowledge of actuarial software like Prophet, DCS etc. would be an added advantage.
- Conceptual thinker with strong analytical, data management skills, attention to detail, and ability to manage multiple projects simultaneously.
- Good communication and business skills to contribute to business results.

📌 Chief Manager - Actuarial (Group Quotation & Reinsurance) (Gurugram)
🏢 Pramerica Life Insurance
📍 Gurugram