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 current and revised products.
Assess the financial viability and risk profile of recent 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
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