DM/SM-Actuaries
Savanna HR
Business and Management
3-8 Yrs
Mumbai (All Areas)
Posted: 6 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
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