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 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 setupWhat We Offer :
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 benefits