We are seeking a skilled Actuarial Pricing Specialist to join our team. This is a remote role focused on product pricing, regulatory filings, and benchmarking in collaboration with internal teams and reinsurers.
Ideal for professionals with hands-on experience in individual life product pricing, model development, and IRDAI filing.
Key Responsibilities :
- Conduct feasibility studies for new product pricing.
- Build and maintain Excel-based pricing models.
- Prepare and manage IRDAI product filings and respond to related queries.
- Collaborate with cross-functional teams including Product Development, Underwriting, Marketing, Legal, and Reinsurers.
- Maintain pricing models and documentation in an organized format.
- Conduct market benchmarking for product features and pricing.
- Stay updated on regulatory changes relevant to product design and pricing.
- Develop product calculators before integration with internal systems.
- Support internal stakeholders with product-related queries.
Required Skills & Qualifications :
Graduate or Postgraduate in Actuarial Science, Mathematics, Statistics, or related field.2 to 4 years of actuarial work experience, preferably in individual life insurance pricing.Cleared 3 to 5 actuarial papers.CT1, CT5 or CM1 is mandatory.Strong understanding of life insurance products.Proficient in MS Office (Excel) and VBA – mandatory.Strong analytical, problem-solving, and communication skills.Detail-oriented and self-motivated, able to work independently in a remote setup.What We Offer :
Fully remote work opportunity.Exposure to core pricing, product development, and regulatory functions.Opportunity to work closely with leadership and cross-functional teams.Supportive work culture with room for professional growth.Competitive compensation and benefits.