DM/SM-Actuaries


Savanna HR


Business and Management

3-8 Yrs


Mumbai (All Areas)


Posted: 4 months ago

Description

Understand policy coverages, Reinsurance arrangement and analyse experience to create pricing models. 
• Create and review excel, R and EMBLEM models for pricing, portfolio monitoring and profit testing 
• Interpreting the results by identifying the patterns and trends in data  
• Pricing of new Health and General Insurance products and revision of existing products. This shall include data collection, 
developing statistical models and market benchmarking. 
• Active involvement in preparation 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 
• Assist in inputs required for system development 
• Completion of tasks on time and at desired standards including documentation and audit trails 
• Liaise with other internal and external stakeholders and accomplish other projects that are assigned from time to time