Senior Executive / Assistant Manager Actuary Pricing

Future Generali India Insurance Company Ltd.
0 to 3 Years
Posted on 26 Jun 19
Job DescriptionLast Date 25 Aug 19
Senior Executive / Assistant Manager – Actuary (Pricing)

Purpose of Role: Responsible for handling pricing testing, pricing report & other pricing related work and product development and prepare product related documents for IRDA approval.

Education: Graduate/Post Graduate with at least 3 Actuarial exams cleared

Work Experience: 0 to 3 years of experience in Pricing

Primary Responsibilities:
  • Collaborate in the design of new General Insurance products along with other stakeholders and play a pivotal role in product development.
  • Create and review excel and EMBLEM models for pricing and profit testing.
  • Provide main technical inputs and ensure robustness of pricing models and illustrations.
  • Ability to provide insightful summary of the results of various iteration and sensitivities done during pricing.
  • Review and sign off on all the pricing related work before review by Appointed Actuary.
  • Prepare pricing reports, F&U and other necessary documents to facilitate product approval from IRDA.
  • Active involvement in finalizing the pricing assumptions and take necessary sign offs

Competencies:
  • Proficient with EMBLEM, Excel, R.
  • GLM knowledge.
  • Data Analysis, Data mining.
  • Analytical
  • Statistics

Location: Mumbai 

Job Role

Job Type

Interview Type

Face to Face Interview

Company Description
Future Generali India Insurance Company Limited is a joint venture between Future Group – the game changers in Retail Trade in India and Generali – a 187 years old global insurance group featuring among the world’s 60 largest companies*.

The company was incorporated in September 2007 with the objective of providing retail, commercial, personal and rural insurance solutions to individuals and corporates to help them manage and mitigate risks.

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