We are looking for a Life Actuary
We are hiring for a high-impact actuarial role with a leading insurance organization. The ideal candidate will have 3+ years of experience and will join the team to support Individual Pricing and product-related actuarial activities.
About the Client:
Our client is a well-established insurer with a strong presence across India and global markets, known for its focus on technical excellence and long-term career development.
Role Overview
We are looking for an experienced Actuarial Individual Pricing professional to support and lead the end-to-end pricing and product development for individual life insurance products. The role involves actuarial modelling, product feasibility, regulatory filings, and close collaboration with cross-functional teams to ensure successful product launches and system implementation.
Key Responsibilities
- Drive end-to-end pricing for new and existing individual life insurance products, including actuarial modelling and assumptions setting
- Perform product feasibility analysis, profitability testing, and sensitivity analysis
- Support product design and innovation, aligned with business strategy and market needs
- Prepare and manage regulatory product filings, documentation, and approval processes
- Act as a key point of contact for regulatory queries and compliance-related discussions
- Mentor and guide junior actuarial team members (for mid/senior roles)
- Ensure adherence to internal actuarial standards, governance, and regulatory requirements
Required Qualifications & Experience
- Actuarial Qualification: Minimum 8 exams should be cleared.
Experience:
- 610+ years of actuarial experience
- Minimum 45 years in Life Insurance Individual Pricing
- Strong understanding of Indian life insurance products and regulations
Technical & Functional Skills
- Strong expertise in actuarial pricing, product development, and regulatory frameworks
- Hands-on experience with actuarial modelling tools (e.g., Prophet)
- Advanced Excel and data analysis skills
- Experience in product filing and regulatory interaction
- Ability to manage multiple stakeholders and projects in a fast-paced environment
