Pricing Lead, Life & Health India

As the Pricing Lead for L&H India, you will work closely with primary insurers to understand and assist in the appropriate pricing of their reinsurance arrangements. The role is to ensure that we build a sustainable, profitable portfolio of Life & Health business by bringing SCOR’s global expertise to the Indian market. This will include working with Pricing experts at Regional and Global level within SCOR and will report to the Head of Pricing (HK, TW, India) & UW management support.

Key duties and responsibilities

As the Pricing Lead for L&H India , you are expected to lead the Indian pricing and product development initiatives and proactively engage with all internal stakeholders. At the same time you will benefit from the Divisional team’s expertise in pricing and product development across other Asian markets and from SCOR’s leading R&D Centres in medical Underwriting and Life insurance risks.

You will also contribute to the development and support the implementation of strategic initiatives that drive growth, efficiency, and innovation for SCOR India L&H business. You will provide support to senior leadership team to identify opportunities, develop strategic plans, and execute initiatives that align with the company's long-term goals.

The main responsibilities of the role are as follows :

• Pricing new reinsurance quotation requests in the Indian market across the whole range of Life insurance risks (Mortality, PA, Health, Critical Illness), adhering to SCOR’s pricing and underwriting guidelines, and other governance frameworks and meeting client deadlines
• Research on and develop the Indian pricing basis across all lines of business, improving the quality of actuarial assumptions and supporting competitive quotations
• Development of product enhancements tailored to the Indian market, providing innovative support to the market managers
• Coordination with divisional risk management and actuarial teams on business referrals
• Support marketing activities and external communication via presentations, client training etc.
• Identify and evaluate new business opportunities, partnerships, and market trends to drive growth and innovation
• Collaborate with senior leadership and key stakeholders to ensure alignment and support for strategic initiatives
• To prepare and review treaties / addenda / and other reinsurance contracts where necessary
• Monitoring and management of capital requirements and assist in developing capital management solutions for clients
• Provide technical support on experience analysis where necessary

Required experience & competencies