Role: Lead Individual Pricing

Job Title: Chief Manager / Assistant Vice President

Experience: 7 years +

Department: Actuary

Work Location: Goregaon (East), Mumbai

Job Responsibilities

- Lead and mentor a team of few actuarial professionals, fostering a team-oriented and high-performing work environment
- Manage and drive the end-to-end process of new product design, including ideation, actuarial modelling, risk assessment, and pricing strategies
- Conduct thorough feasibility studies for new and existing products, ensuring alignment with company objectives and market trends
- Ensure all products meet regulatory requirements by preparing and submitting necessary documentation for product filings and securing approvals from relevant authorities
- Act as a key liaison with regulatory bodies, addressing queries and ensuring timely product approvals
- Support other teams, such as IT, Operations, and Distribution, with system setups, product launches, and implementation activities, ensuring smooth and efficient roll-outs
- Stay abreast of changes in actuarial standards, regulations, and industry best practices,



ensuring compliance and continuous improvement in pricing methodologies
- Prepare and present reports, analyses, and recommendations to senior management and other stakeholders.

Required Skills

- Strong technical knowledge of actuarial pricing, product development, and regulatory requirements within the life insurance sector
- Demonstrated leadership and team management experience, preferably having led small teams in a similar capacity
- Excellent analytical, problem-solving, and communication skills
- Ability to manage multiple projects and stakeholders in a quick-paced environment
- Proficiency in actuarial software (e.g., Prophet) and advanced Excel skills
- Strong understanding of the Indian life insurance market and regulatory landscape
- Experience in product filing and handling regulatory queries
- Adaptability and willingness to engage in cross-functional projects
- Results-driven, with a keen eye for detail and accuracy.

📌 Pricing Actuary (Mumbai)
🏢 Kotak Life
📍 Mumbai