Job Description

Key Accountabilities Lead the India Pricing Team in Bangalore by ensuring effective prioritisation and allocation of work, satisfactory engagement of the team members and monitoring delivery timelines. Support the pricing actuaries in pricing treaties for India market initial responsibilities will focus on Open Treaty Reviews (i.e. existing treaties open for new business) Provide Quote support/advisory recommendation for India market for various Lines of Business. Provide support in maintenance of pricing Terms of Trade. Support/Lead the Pricing actuaries in any local/regional projects as required. Support ES requirements for the region. Work effectively with a cross-functional team of experts from client markets, underwriting, and claims towards assessing the risks associated with a treaty or opportunity Provide technical, research and project management input for product development initiatives and pricing policy across all business lines in the Life & Health space Always ensuring the adherence to pricing guidelines and standard methodologies, and their consistent application. Key Skills & Knowledge Excellent technical knowledge in all areas of pricing and product development Fundamental understanding and knowledge of the India(preferred) insurance and reinsurance industry and knowledge of the main products and services offered by various insurance and reinsurance companies. Ability to use sound actuarial judgement in a commercial environment Good understanding of relevant actuarial best practices Organization, prioritization and planning skills. Knowledge of actuarial L&H modelling and data analytical software\'s. Mentorship and guidance of the junior team members Candidate Requirements Nearly qualified/ Qualified Actuary from any recognised actuarial body (IAI, IFoA, CAS, SOA). Strong technical insurance/reinsurance experience, with 5+ years actuarial experience, ideally on India markets Experience in actuarial product design, pricing & ES, including application of any actuarial pricing tools. This will be an added advantage. Excellent interpersonal, communication and influencing skills. Leadership and management experience preferred

foundit