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Actuarial Life Pricing

Actuarial Life Pricing

EliteRecruitmentsNavi Mumbai, Maharashtra, India
3 days ago
Job description

We are looking for a dynamic Life Actuarial Analyst to join the Actuarial Pricing team of a leading life insurance company. 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

Qualifications & Competencies :

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

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Actuarial Pricing • Navi Mumbai, Maharashtra, India

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