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 collaborative and high-performing work setting
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 recent 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 effective 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 fast-paced environment
Proficiency in actuarial software (e.g., Prophet) and advanced Excel skills
Solid 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 (India)
🏢 Kotak Life
📍 India