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Actuarial Life Pricing

Actuarial Life Pricing

EliteRecruitmentsnadiad, gujarat, in
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 • nadiad, gujarat, in