Job Description

Company Name: VARITE India Private Limited
About The Client:
Client is a life insurance company in India. The firm offers life insurance products targeted at individuals and groups, catering to four distinct segments: protection, children, retirement and investment plans.
Essential Job Functions:

• Review of product specification for new products
• Ensuring pricing models are in line with company's internal guidelines and relevant regulations
• Preparing filing documents to be submitted to IRDAI/ PMC
• Preparing response to IRDAI queries on filing
• Performing analysis of individual and group pricing models
• Adept at using excels and creating macros to perform premium rate generation and profit testing
• Assisting the Product team in setting up the system for new product launch
• Support in creating meaningful relationships with relevant stakeholders like Sales, Investments, IT, Customer Service, Legal & Compliance and Risk
• Good knowledge of Regulations / Circulars / Guidelines
• Support in other areas of actuarial work on need basis
• Good teamwork and positive attitude to work is a must
• Team Management

Interfaces

• Internal: All Internal Stakeholders
• External: Vendors or Consultants

Qualifications:
Skills & Competencies:

• Delivery of all assigned work items tasks accurately & timely manner

Requirement:

• Qualified Actuary or Nearly qualified actuary with 13-14 papers

Relevant Work-experience Required:

• At least 5 years in product pricing is must
• Proficient in Excel and word
• Should have good understanding of actuarial principles

How to Apply: Interested candidates are encouraged to respond/submit their updated resumes, and for additional job opportunities, please visit
Unlock Rewards: Refer Candidates and Earn.
If you're not available or interested in this opportunity, please pass this along to anyone in your network who might be a good fit and interested in our open positions. VARITE offers a Candidate Referral program, where you'll receive a one-time referral bonus based on the following scale if the referred candidate completes a three-month assignment with VARITE.
Experience Level Bonus Referral: 0-2 years INR 5,000
2-6 years INR 7,500
6+ years INR 10,000
About VARITE: VARITE is a global staffing and IT consulting company providing technical consulting and team augmentation services to Fortune 500 Companies in USA, UK, CANADA and INDIA. VARITE is currently a primary and direct vendor to the leading corporations in the verticals of Networking, Cloud Infrastructure, Hardware and Software, Digital Marketing and Media Solutions, Clinical Diagnostics, Utilities, Gaming and Entertainment, and Financial Services.
Equal Opportunity Employer:
VARITE is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, marital status, veteran status, or disability status.