We are seeking a highly skilled Actuarial Life Pricing Specialist to join our team. This is an exciting opportunity for a remote role, focusing on product pricing, regulatory filings, and benchmarking.
The successful candidate will have hands-on experience in individual life product pricing, model development, and IRDAI filing.
- 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 field2 to 4 years of actuarial work experience, preferably in individual life insurance pricingCleared 3 to 5 actuarial papersCT1, CT5 or CM1 is mandatoryStrong understanding of life insurance productsProficient in MS Office (Excel) and VBA – mandatoryStrong analytical, problem-solving, and communication skillsDetail-oriented and self-motivated, able to work independently in a remote setupBenefits :
Fully remote work opportunityExposure to core pricing, product development, and regulatory functionsOpportunity to work closely with leadership and cross-functional teamsSupportive work culture with room for professional growthCompetitive compensation and benefitsWhy this Role?
This is an excellent chance to develop your career as an actuary in the life insurance industry. You will be part of a dynamic team that values innovation and collaboration.