Responsibilities
Pricing Analysis &
Modelling
Develop and maintain sophisticated pricing models for new and existing health insurance products, including retail, group, and cutting-edge offerings.
Conduct in-depth analysis of claims data, underwriting experience, and market trends to inform pricing assumptions and strategies.
Perform experience analysis and recommend appropriate adjustments to pricing parameters.
Utilize actuarial software and statistical tools for data analysis and modelling (e.g, SAS, Databricks R, Python, SQL, Excel/VBA).
Product Development Support
Collaborate closely with the product development, underwriting, and sales teams to provide actuarial insights and support the design of recent and revised products.
Assess the financial viability and risk profile of current product propositions.
Assist in the preparation of regulatory filings related to product pricing.
Performance Monitoring &
Reporting
Monitor the profitability and performance of various products and segments,



identifying areas for improvement or intervention.
Prepare and present regular reports on pricing adequacy, claims experience, and market competitiveness to senior management.
Analyze the impact of pricing decisions on business objectives.
Market Research &
Competitor Analysis
Stay updated with industry trends, regulatory changes, and competitor pricing strategies.
Conduct competitor analysis to ensure Niva Bupa's products remain competitive and financially sound.
Process Improvement &
Innovation
Contribute to the continuous improvement of pricing processes, tools, and methodologies.
Explore and implement innovative actuarial techniques to enhance pricing accuracy and efficiency.
Mentorship &
Collaboration
Provide guidance and support to junior analysts within the team.
Collaborate effectively with other departments, including underwriting, claims, finance, and IT.

📌 Actuarial Health Pricing Delhi (India)
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📍 India