Manager

Job Description

• Develop and maintain actuarial pricing models for new and existing insurance products.
• Perform experience analysis on claims, exposure, premium, lapse, and other relevant portfolio data.
• Conduct rate reviews and recommend pricing changes based on emerging experience and profitability.
• Develop pricing assumptions, rating structures, technical rates, and pricing methodologies.
• Perform profitability and sensitivity analysis under different pricing scenarios.
• Support product development by providing actuarial inputs on product structure, benefits, exclusions, and pricing.
• Prepare pricing reports, actuarial notes, technical documentation, and regulatory submissions.
• Support regulatory filings and ensure pricing methodologies comply with applicable IRDAI requirements.
• Monitor portfolio performance against pricing assumptions and identify key drivers of deviation.
• Work closely with Underwriting, Product, Claims, Finance, Distribution, IT, and Risk teams.
• Support implementation and validation of pricing logic in rating systems.
• Identify opportunities to automate pricing and analytical processes.
• Present pricing results, recommendations, and key insights to senior stakeholders.
• Maintain appropriate documentation, controls, and governance around pricing models.