26 Oct
|
Hands On
|
Gurugram
Role & responsibilities
- Pricing Analysis & Modelling:
- Develop and maintain sophisticated pricing models for current and existing health insurance products, including retail, group, and innovative 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 new and revised products.
- Assess the financial viability and risk profile of new 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.
Preferred candidate profile
- Relevant experience into health/general insurance pricing in Indian market
- R, Python, SAS, Databricks
📌 AM/DM - Actuary Pricing (Gurugram)
🏢 Hands On
📍 Gurugram