Lead - Individual Pricing - Actuary - Insurance (2-10 yrs)

Lead - Individual Pricing (Actuary)

The individual will be responsible for assessing profitability of individual life portfolio schemes.

- Issuing quotes for affinity schemes.

- Identifying loss making schemes for potential re-pricing, developing and designing new life insurance/health insurance products, modifying existing products to meet business needs. Supervision of pricing for insurance schemes.

- Liaising with Kotak Life Group Sales team and reinsurer for launching new products

- High standards of technical rigor

- Experience of financial or risk reporting of complex financial products.

- Life Insurance experience is mandatory with minimum 4 Actuarial exams.

INTERACTIONS :

Internal Relations :

Sales, UW, Ops

External Relations :

Reinsurer

REQUIRED QUALIFICATION AND SKILLS :

- Educational Qualifications: Graduate/ Post Graduate in statistics/ commerce/ science

- Work Experience : 2 year +

Certifications :

- Candidate pursuing / completed actuarial exams preferred.

- Ideal candidate to have prior experience in Credit Life Quotations.

Other skill set :

- MS Excel proficiency

- Communication and Negotiation

- Analytically strong