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
Actuarial Pricing • Navi Mumbai, Maharashtra, India