Actuarial Analyst - Pricing

Broad objective:

Helping dedicated team in creating Pricing Model, Suggest, Discuss & Finalise rates, creation of Technical Notes etc) of required Line of Business.

Responsibility Area:

Pricing:

- Providing support for pricing a Product

- Helping bulid a robust Pricing Model for each product

- Helping create Technical Notes & other annexures required for filing the product with IRDAI

- Ensuring that the products filed are as per extant IRDAI guidelines

- Perform final reviews on all deliverables to ensure accuracy.

- Assess and consider all kinds of risk to review and make informed decisions around new initiatives or responses to situations.

- Number of Products filed/approved by IRDAI

Liasing with various teams:

- Liase with Sales/Distribution to understand the product requirement

- Liase with UWs to understand the feasibility of the product

- Liase with Products team and help them with a product construct

- Discuss the Draft rates with various stakeholders and finalise the rates

- Successful and timely completion of pricing of agreed products.